[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 45 KB, 640x621, 1488386690924.jpg [View same] [iqdb] [saucenao] [google]
3381404 No.3381404 [Reply] [Original]

>Put $1 into margin account.
>Buy at x1000000000000000000 leverage.
>Put sell order at 100000000% gain.
>If the coin goes down you lose $1.
>If the coin goes up you are a millionaire.

>> No.3381414

Margin trading means you can go into the negative dumbass.

>> No.3381426

>>3381414
No, you get liquidated and use your $1 as collateral.

>> No.3381427

Try it OP. See how it goes.

>> No.3381520
File: 35 KB, 512x288, 1495854680221.jpg [View same] [iqdb] [saucenao] [google]
3381520

Limit leverage is like, 500x for forex, 100x for comodities and 5x for crypto

Try again jamal

>> No.3381624

>>3381404
U get margin called at .9999999 cents dumbass

>> No.3381762

>>3381404
>x1000000000000000000 leverage

>> No.3381763
File: 56 KB, 300x300, pepediscordtradebitmex.png [View same] [iqdb] [saucenao] [google]
3381763

>>3381404
I thought bitmex only gave x100 leverage for bitcoin futures? surprisingly a lot of bitcoin futures traders in the +2000 /biz/ crypto trading discord server though

discord.gg/VpPrGmF

>> No.3381791

>>3381624
It's a goddamn excellent slot machine though.

And that's why playing with $1 on 500x leverage can be fun.