Margin questions

[Anonymous No.18413228]

Is it ever worth closing positions in the red to reopen them at the same price? Also, how do you decide where to set stop losses?

[Anonymous No.18413257]

>>18413228
>Is it ever worth closing positions in the red to reopen them at the same price?
Wtf are you saying, no.

>Also, how do you decide where to set stop losses?
What are you talking about, stonks, crypto?

[Anonymous No.18413268]

>>18413228
I've done it before because I can only hold margin positions for 28 days here in the US. I didn't want to force-close at an even greater loss when it expired

[Anonymous No.18413281]

>how do you decide where to set stop losses
right at the threshold between depression and suicide

[Anonymous No.18413289]

>>18413257
Crypto, namely ETH (if it matters)

>>18413268
Holy shit I didnt even know that was a thing. Fuck I hate being a Burger. Thanks anon.

[Anonymous No.18413327]

>>18413289
Ok so, i assume you're buying leveraged crypto? Don't.
About SL, i don't know about crypto

[Anonymous No.18413340]

>>18413327
>Ok so, i assume you're buying leveraged crypto? Don't.
I figure you're saying this because its risky, but please elaborate further

[Anonymous No.18413369]

About closing / opening position, you've to consider fees, so if you close and reopen at the same price you lose something, you should actually try to close and reopen at a lower price.
But avoid that shit if you can, it's completely useless.
What you could do is to close GREEN positions if you're sure they will go down, and buy back more at lower.

[Anonymous No.18413389]

just stop margin trading

[Anonymous No.18413409]

>>18413340
Leveraged trading is for skilled traders, and you are not a skilled trader.
Leveraged trading is very dangerous because crypto have strong price movements up and down, you pay fees for every day you keep a position open, and you can actually get liquidated.

Expecially in these shitty times in which markets crab, it's very easy to make mistakes even if you don't buy leveraged.

[Anonymous No.18413430]

>>18413389
I only have like 1.7k though, how do I make money with that?

[Anonymous No.18413499]

>>18413430
>how do i make money with that?
You can't try to make money out of a crabbing market with leveraged trading.

[Anonymous No.18413656]

>>18413499
Ok so... what?

[Anonymous No.18413717]

>>18413656
You can try some leverage trading only IF a fucking strong bull market is confirmed, here's what.
You're impatient? You'll lose all of your money.
You don't know shit about trading? You'll lose all of your money.
Buy 1:1 normal shitcoins (eth) and patiently wait until a serious market is confirmed, then sell your shitcoins (that should be green) and you can try to open some leveraged trade.

In the meanwhile you can study trading and open a demo account to get used with strategies and stop losses, try what you think for a couple of months and see how's easy to burn money.


Since trading is very hard i would suggest you to avoid every trading, just hold your shitcoins and see a good x4 in the next months, since eth price is very low now.

[Anonymous No.18413916]

>>18413717
So what do you propose with the -100$ position I currently have opened?

[Anonymous No.18413961]

>>18413916
>what leverage
>at what price did you open it?
>what are the daily fees?

[Anonymous No.18414039]

>>18413961
I have two 5:1

6.05327 @ 165.2 (1,000$) daily fee 1.2$

18.75 @ 160 (3,000$) daily fee 2.8$

[Anonymous No.18414058]

>>18413961
Equity is 1,680 if that matters

[Anonymous No.18414070]

>>18413228
maybe you should just send me the money mommy and daddy gave you instead of sending it to RH. at least then i will use it to buy more gold and silver.

[Anonymous No.18414148]

>>18414070
Nah this is my remaining money from crypto back in 2018

[Anonymous No.18414177]

>>18414039
Ok, right now i don't know, eth is in a weird position, it could bounce back at 160 and maybe surpass it of a little bit.

[Anonymous No.18414206]

next time buy fucking 1:1 shitcoins, if you do mistakes then you get just your money locked (until the shitcoin goes up to the square even), but you don't burn them

[Anonymous No.18414215]

>>18414206
Thanks anon, ill be a good boy

[Anonymous No.18414259]

>>18414070
Give your $$ to this clown so he can lose it on silver premiums

[Anonymous No.18414330]

>>18414259
>give your $$ to this clown so he can lose it on silver premiums
i meme on your premiums plebeian

[Anonymous No.18414338]

>>18413228
You can use high leverage but watch out the interest rates. I am using 10x leverage.
Don't do all in! Forget this shit. Calculate your risks. If you have 1000 USDT in 10x leverage means 10000 USDT. Buy small amount BTC or ETH. 0.1BTC is enough, if the price starts falling from 6,8K to 5K you lost 180 USDT, but if you put a stop loss on 6,6K is enough.

Use milestones, if you invest: now 6,8K and if you brought 0,1BTC, the next milestone is 7K, and you can invest on 7,2K, 7,4 etc. The average price of investments is 7100 USDT (6,8K,7K,7,2K,7,4K and you invest 0,4 BTC). Much lower risk than if you invest 0,4BTC on 6,8K, but in the meantime barely lower the profit.

Don't do FOMO, don't panic, this is not a race. If you believe the BTC price goes to 100K or even 1 million, there is a lot of opportunity to invest. If you invest 1BTC on average margin price 10K still you made 90K profit(-interests).
I am bearish in the short term, but after we reach the bottom, the bull run starts. The safe margin position is the long, because BTC will go to 100K, maybe in 2 years, maybe 10 years, but it will go.
Watch the NVT ratio, volatility to measure the short and long term of BTC.

TL:DR use small amount to invest, watch the stopp loses, also watch the volatility. High volatility means good place to short term invesing, low volatility means good place to invest to long term.