I do not exclude the possibility of the price falling to 5900, but I see that bulls rule the market.
I have a friend, he came to the cryptocurrency from the stock market, that is, some experience has already been. More than a month ago, he started trading on Bitmex, told me how he uses different types of stop-loss, and about the fact that he use risk-management. He had a long position and yesterday, with a sharp fall in Bitcoin, the market stop loss did not work on Bitmex. He lost all his deposit on Bitmex. Now hi taking the last penny and placed a short position. But I thought, possible, that as BTC fell, we can fly back and forth, and again market stop-loss will not work.
These are just thoughts. There is only one conclusion - no matter what risk management at the Bitmex you would be, but the main rule is that it is not allowed use in margin trading more than 5-10% of the total trade deposit in the crypt. And this is what hi neglected.Z yt
I have a friend, he came to the cryptocurrency from the stock market, that is, some experience has already been. More than a month ago, he started trading on Bitmex, told me how he uses different types of stop-loss, and about the fact that he use risk-management. He had a long position and yesterday, with a sharp fall in Bitcoin, the market stop loss did not work on Bitmex. He lost all his deposit on Bitmex. Now hi taking the last penny and placed a short position. But I thought, possible, that as BTC fell, we can fly back and forth, and again market stop-loss will not work.
These are just thoughts. There is only one conclusion - no matter what risk management at the Bitmex you would be, but the main rule is that it is not allowed use in margin trading more than 5-10% of the total trade deposit in the crypt. And this is what hi neglected.Z yt
Comment:
Manipulations and falling further below are possible, but this is equivalent to tensioning the spring.
