BitMex General /mex/

So since every faggot here is now leverage trading on BitMex why not have a dedicated thread? Right now I'm shorting BTC wish I had paid more attention cause it was pretty obvious it was alteast going to drop however I didn't expect it to be this agressive. What are you doing user?

JUST

Interesting timing I literally just opened an account today, it’s a lot more complicated than poloniex. For instance how do you know when your about to get liquidated?

what's the mark price?

You can check when you open a position, you get a tab opened where all the details of your trade are laid out. Mark Price will tell if you indeed get liquidated as thats the decisive factor.

Mark price is calculated by taking the average of several exchanges, this is to avoid you being liquidated from Bitmex manipulators or w/e

>What are you doing

Sidelines right now. Not enough confirmations for me to enter. I've been killing it the last 2 weeks days after switching my strategy up. I tried to be like the pro's on the smaller time frames but I kept getting BTFO. Now I trade exclusively on the 1-4 hr with my pre existing knowledge of TA and I've gone 12-2 in my last 14 trades. Ironically both my losses came from not sticking to my strategy and if I did I would have won massively.

why no stops?

Goddamn. At least it wasn't at 11600

F

looked at all the ta, everything looked bearish

put in a short, it pumps i sell.

put in another short later cuz still bearish, it pumps even higher, i sell

just kill me

...

Up 300% since I started a month ago orso

Can someone explain why when I enter a position on Bitmex it doesnt use my whole funds for it? It uses a small fraction of what I have for the position. Why the fuck does it do that? I dont get it

Up your dollar value, also becareful because different leverage uses different amounts of BTC on the same dollar value.

Bitmex's positions are entirely calculated based on dollar value, you earn in BTC though. Its because they offer a financial product where you can hedge risk or speculate on the market with higher leverage.

you're using leverage
slide your leverage bar to 1x

...

Thanks guize, this user in another thread just gave me the answer . In the USD field you put the total amount including margin that you want to bet.

What am I doing? I log onto that site to laugh at the trollchat - the idiots in there remind me of the degenerate gamblers at the racetrack, thinking they have the next horse. The rest are faggots from here meming and acting like their usual selves.

To me, Bitmex is a alley crap game in back of the Gdax casino. If you want to risk your paycheck there, go for it. I think it's too manipulated to trust, and the site crashes when things get interesting and they fuck everyone because they can't get orders through - and their answer is "You should have planned better".

Props to the guys running the site, they're making bank off you tryhard get rich quick retards.

Can I send LTC to bitmex and then trade for bitcoin?

I know plenty of people making a killing on BitMex and its a TROLLCHAT wtf do you expect?

Doing not so shabby myself with BitMex, its just another form of trading.

No only BTC deposits, everything is handled in BTC, you can leverage trade on LTC and other altcoins aswell but all trades are done in BTC

BitMex offers futures

It's not trading, in any sense of the word, it's literally gambling. And yes, people can win at gambling, but stop convincing yourself it was anything but a pure crapshoot.

I just started on bitmex like a week ago. it's amazing.
I earn rebates on all my trades
If I want to be out of the market I just short my entire account balance and then still gain money from funding.
Before if i messed up my time frame on a trade I'd have to sit on that trade for hours sometimes waiting for a bounce. Now I can hold that position, up my leverage and make other trades while I wait.

w/e your type comes dime a dozen, not wasting my energy on this

Op is going to bed, OP out.

send btc from gdax to bitmex, gdax withdrawals are free.

if any of you want a slow chatroom for discussing bitmex daytrading I have one:

vtRA7q

i literally shitpost in the trollbox and larp that I'm about to be liquidated. Just to scare and amuse people - no one should ever tell their positions in that shithole

why can i only buy 800 usd worth of contracts with 0.06 btc

i don't understand, i just wanted to leverage my entire stack.