This is a mirror of the original BitMEX trollbox archive that used to be online here.
BitMEX disabled their archive after the DDOS attack so I have decided to make my mirror publicly available.

Well now, a few days after I made this mirror available to the public, the original archive from BitMEX is online again.
But since it is still limited (neutered to the last few hundred messages) I will keep my FULL mirror alive.

You have access to more than 50 million trollbox posts. This is more than 7 gigabyte of data hosted on a $5 server so please be patient or consider a donation

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[2017-03-20 05:56:26] startChat : 500
[2017-03-20 05:57:28] ThruTheFloor : Could be, 1h MACD is breaking down and we only made it half way thru the channel
[2017-03-20 05:57:44] frog : not much volume though
[2017-03-20 05:57:55] ThruTheFloor : That usually means down but I'ma wait before picking a side
[2017-03-20 06:00:05] freact : ThruTheFloor: I'm new to trading. What do you mean by "we only made it half way thru the channel"
[2017-03-20 06:00:44] startChat : /tradingguide
[2017-03-20 06:01:23] ThruTheFloor : freact: We were in a channel 1030-1045, we only made it to 1037, not bouncing off the top. But I'm pretty new to this too, do some research before gambling on here.
[2017-03-20 06:02:31] freact : ThruTheFloor: oh I see what you mean! thanks! I'm just trying to learn the basics with some play money I don't mind losing
[2017-03-20 06:03:55] ThruTheFloor : freact: Try going thru this to learn some basics: http://www.babypips.com/school, also watch some risk management videos on youtube, someone also recommended the Ed Ponsi ForEx guide
[2017-03-20 06:04:58] freact : ah yeah I saw that the other day. been trying to read a lot of articles etc too
[2017-03-20 06:05:19] DorianWhack-A-Moto : buy the dips doesn't apply to this irrational market. trade with caution
[2017-03-20 06:05:32] DorianWhack-A-Moto : short the tops is a better strategy
[2017-03-20 06:05:56] freact : yeah I had a near miss buying the dips yesterday
[2017-03-20 06:06:08] freact : trying the opposite today
[2017-03-20 06:06:35] DorianWhack-A-Moto : i feel anything over 1000 is too high while the hf drama looms.
[2017-03-20 06:07:11] freact : makes sense. I saw some charts someone posted here predicting as low as 800 using fibonacci
[2017-03-20 06:07:18] DorianWhack-A-Moto : keep my shorts covered well over 1100 and there is no chance of rekt
[2017-03-20 06:08:09] freact : hard to trust troll box advice though becuase we are playing against each other here ;)
[2017-03-20 06:08:44] DorianWhack-A-Moto : true. assume everything i say is a lie.
[2017-03-20 06:08:58] freact : lol
[2017-03-20 06:09:01] frog : i assume 50% of what u say is a lie
[2017-03-20 06:09:15] DorianWhack-A-Moto : you have to guess which 50% is the truth then lol
[2017-03-20 06:09:55] frog : exactly
[2017-03-20 06:10:03] ThruTheFloor : Down it is
[2017-03-20 06:10:04] DorianWhack-A-Moto : 1 HOUR PSAR alert just triggered downtrend confirmed
[2017-03-20 06:10:47] DorianWhack-A-Moto : thats what my phone says. i dont know what that means.
[2017-03-20 06:10:55] DorianWhack-A-Moto : ;)
[2017-03-20 06:11:25] freact : now we just have to figure out if that's the 50% truth!
[2017-03-20 06:12:18] DorianWhack-A-Moto : /price
[2017-03-20 06:12:21] trollbot : ``` Bitstamp : 1021.84 (-0.65%) Bitfinex : 1022.30 (-0.57%) The Woodchipper : 1036.54 (-0.54%) itBit : 1031.87 (0.00%) Kraken : 1006.25 (0.00%) GDAX : 1022.82 (-0.70%) SLQ : 20 mins```
[2017-03-20 06:12:52] ThruTheFloor : It's not breaking down
[2017-03-20 06:12:57] ThruTheFloor : I feel betrayed
[2017-03-20 06:13:35] REKT : Liquidated short on `ETH7D`: buy 196 @ 0.042450
[2017-03-20 06:15:37] DorianWhack-A-Moto : ThruTheFloor: you dont call this breaking down?
[2017-03-20 06:15:59] ThruTheFloor : We've barely moved down by 5
[2017-03-20 06:16:15] ThruTheFloor : There's no volume
[2017-03-20 06:16:17] DorianWhack-A-Moto : 16 down from my short
[2017-03-20 06:16:22] DorianWhack-A-Moto : so yes its down
[2017-03-20 06:16:40] ThruTheFloor : It could easily retest the support and end up breaking upwards
[2017-03-20 06:17:02] DorianWhack-A-Moto : maybe. i'll take profit before that happens
[2017-03-20 06:17:14] DorianWhack-A-Moto : /price
[2017-03-20 06:17:17] trollbot : ``` Bitstamp : 1020.00 (-0.18%) Bitfinex : 1020.00 (-0.22%) The Woodchipper : 1033.42 (-0.30%) itBit : 1020.05 (-1.15%) Kraken : 1002.59 (-0.36%) GDAX : 1021.40 (-0.14%) SLQ : 4 mins```
[2017-03-20 06:17:25] ThruTheFloor : DorianWhack-A-Moto: What's your entry?
[2017-03-20 06:17:31] DorianWhack-A-Moto : 1039
[2017-03-20 06:17:42] ThruTheFloor : Why did you choose 1039 to short?
[2017-03-20 06:17:48] DorianWhack-A-Moto : liq'd at 1173. im safe
[2017-03-20 06:18:08] DorianWhack-A-Moto : i've been scalping all day.
[2017-03-20 06:18:25] DorianWhack-A-Moto : i choose based on what i feel is too high
[2017-03-20 06:18:29] ThruTheFloor : Wouldn't you close the short long before then once you see it's not gonna happen?
[2017-03-20 06:18:50] DorianWhack-A-Moto : yes i'll take profit soon and re-enter another when price settles
[2017-03-20 06:18:57] REKT : Liquidated long on `XBTUSD`: sell 450 @ 1024.33
[2017-03-20 06:18:57] freact : do you guys know how to calc your liquidation price given entry and lverage? like whats the formula?
[2017-03-20 06:19:10] DorianWhack-A-Moto : /price
[2017-03-20 06:19:12] REKT : Liquidated long on `XBTUSD`: sell 50 @ 1022.00
[2017-03-20 06:19:12] trollbot : ``` Bitstamp : 1013.39 (-0.65%) Bitfinex : 1012.20 (-0.76%) The Woodchipper : 1031.00 (-0.23%) itBit : 1016.26 (-0.37%) Kraken : 1002.00 (-0.06%) GDAX : 1015.00 (-0.63%) SLQ : 1 min, ```
[2017-03-20 06:19:25] BitMEX_John : freact: there is a tab in the calculator tool for this
[2017-03-20 06:19:39] needmoneyquick : pump fct please
[2017-03-20 06:19:51] BitMEX_John : freact: just click on the calculator symbol in the top right hand corner of the trade page and go to the 'Liquidation' tab
[2017-03-20 06:20:07] freact : BitMEX_John: yeah, i'd still like to know the formula for my own calculations though
[2017-03-20 06:20:51] BitMEX_John : freact: sure, it relates to your maintenance margin requirement and position value
[2017-03-20 06:21:12] DorianWhack-A-Moto : still room to go down
[2017-03-20 06:21:24] DorianWhack-A-Moto : probably bounce off 100 if we get that low
[2017-03-20 06:21:27] BitMEX_John : freact: there are a few different maintenance margin requirements depending on contract
[2017-03-20 06:21:29] DorianWhack-A-Moto : 1000
[2017-03-20 06:22:37] ThruTheFloor : Looks like we're stalling already
[2017-03-20 06:22:47] DorianWhack-A-Moto : ok i closed. nice dip and nice profit
[2017-03-20 06:23:00] DorianWhack-A-Moto : need to go deal with IRL. re-enter later and play again.
[2017-03-20 06:23:08] frog : nice
[2017-03-20 06:23:25] DorianWhack-A-Moto : its a shorters market right now. be careful bulls. laters.
[2017-03-20 06:23:40] ThruTheFloor : Later
[2017-03-20 06:24:46] BitMEX_John : freact: if you go to the contract specification for the contract you are trading it has maintenance margin formula in there
[2017-03-20 06:25:02] freact : BitMEX_John: ok thanks
[2017-03-20 06:25:35] REKT : Liquidated short on `DASH7D`: buy 132 @ 0.105491
[2017-03-20 06:26:02] REKT : Liquidated short on `XBTUSD`: buy 2000 @ 1024.02
[2017-03-20 06:29:43] Farzad : /fork
[2017-03-20 06:29:43] trollbot : ``` Bitfinex BCC : 775.34 (-3.68%) Bitfinex BCU : 240.82 (-2.05%) SLQ : 1 hour, 36 mins```
[2017-03-20 06:31:39] Rado : Anyone know how are the tokens traded on Bitfinex?
[2017-03-20 06:31:40] ThruTheFloor : I really don't follow the fork drama, is it happening or not, should I be worried?
[2017-03-20 06:31:59] Rado : Is it similar to BFX token?
[2017-03-20 06:32:35] j8 : similar in that it's a token you can buy and sell, completely different otherwise
[2017-03-20 06:33:24] XXXX : Farzad: bcu/bcc ratio woulld be more meaningful
[2017-03-20 06:34:31] Rado : j8: and there is no shorting right?
[2017-03-20 06:34:38] Rado : XXXX: agreed
[2017-03-20 06:34:39] j8 : right
[2017-03-20 06:34:55] j8 : but everyone with btc has the ability to create tokens
[2017-03-20 06:35:25] Rado : j8: create?
[2017-03-20 06:35:50] Rado : you mean exchanges or People buying the tokens
[2017-03-20 06:36:04] j8 : with 1 btc you can create 1 bcc + 1 bcu on bitfinex platform
[2017-03-20 06:36:18] XXXX : j8: but can bet or buy sell the split coins before the split.
[2017-03-20 06:36:20] j8 : then sell one, etc
[2017-03-20 06:36:39] Rado : I see
[2017-03-20 06:36:51] Rado : that's cool actually
[2017-03-20 06:37:09] j8 : so the price of the two tokens should add up to the btc price on bitfinex
[2017-03-20 06:37:14] j8 : or it will get arbed
[2017-03-20 06:37:27] j8 : because you can combine them and get 1 btc back
[2017-03-20 06:37:39] Rado : Make sense
[2017-03-20 06:38:37] j8 : definitely take a close look at the terms if you're gonna get involved, there's some gotchas in there
[2017-03-20 06:39:28] alejandromasari : xmr is gonna rip huge
[2017-03-20 06:39:42] alejandromasari : last chance..........
[2017-03-20 06:42:14] ThruTheFloor : alejandromasari: Get out scammer
[2017-03-20 06:44:49] startChat : combination is like a december 31 future
[2017-03-20 06:45:25] Rado : alejandromasari: get lost
[2017-03-20 06:48:27] j8 : startChat: yeah but with no leverage, can't short, you can only sell present day btc
[2017-03-20 06:50:11] alejandromasari : huge volume on xmr
[2017-03-20 06:53:30] Farzad : alejandromasari: where ? I see no volume on xmr
[2017-03-20 06:54:03] Farzad : /fork
[2017-03-20 06:54:04] trollbot : ``` Bitfinex BCC : 775.34 (0.00%) Bitfinex BCU : 240.82 (0.00%) SLQ : 24 mins```
[2017-03-20 06:59:05] KingTuna : ETH firing. Ready for ATH?
[2017-03-20 07:01:18] alejandromasari : Farzad: recent trades
[2017-03-20 07:01:24] alejandromasari : 200, 100, 200
[2017-03-20 07:15:45] arbitrage101 : nice
[2017-03-20 07:15:58] arbitrage101 : reading chat here has always been enlightening
[2017-03-20 07:16:15] arbitrage101 : IQ and knowledge go up again
[2017-03-20 07:18:30] freact : seems like pretty strong support at this level eh?
[2017-03-20 07:20:54] alejandromasari : xmr moving
[2017-03-20 07:20:56] alejandromasari : told ya
[2017-03-20 07:22:52] elmorte : arbitrage101: yeah, today was good
[2017-03-20 07:23:07] elmorte : Users < 1000, maybe that's why
[2017-03-20 07:23:59] arbitrage101 : elmorte: how things go
[2017-03-20 07:24:03] arbitrage101 : business wise
[2017-03-20 07:24:05] arbitrage101 : in kl
[2017-03-20 07:25:09] elmorte : It's alright, KL not really my market, export to Europe
[2017-03-20 07:26:16] arbitrage101 : you mean export Malaysia products?
[2017-03-20 07:27:34] elmorte : Some, like palm oil and latex
[2017-03-20 07:27:39] elmorte : But mostly China
[2017-03-20 07:28:07] zylaale9205 : sir after placing order how to close the position
[2017-03-20 07:28:45] alejandromasari : xmr anyone?
[2017-03-20 07:28:47] alejandromasari : moving big
[2017-03-20 07:29:09] arbitrage101 : elmorte: nice, must have an extensive network here
[2017-03-20 07:29:11] elmorte : zylaale9205: sell if you bought, or vice versa
[2017-03-20 07:29:31] elmorte : arbitrage101: 18 yrs and counting
[2017-03-20 07:29:50] arbitrage101 : elmorte: i rarely socialize here
[2017-03-20 07:29:59] arbitrage101 : since most people dont even understand what i do
[2017-03-20 07:30:24] arbitrage101 : plus, people in malaysia are a bit outdated
[2017-03-20 07:30:38] arbitrage101 : wont know how to start a normal conversation
[2017-03-20 07:30:46] elmorte : I have a lot of friends who are in 'finance'... no one knows wth they do
[2017-03-20 07:31:04] arbitrage101 : finance market here is not that well developed
[2017-03-20 07:31:35] arbitrage101 : when they said finance, they probably mean stock trading or property speculating
[2017-03-20 07:31:39] zylaale9205 : what is close order at market
[2017-03-20 07:32:27] freact : zylaale9205: gets the best price for it from the orderbook
[2017-03-20 07:32:29] elmorte : arbitrage101: prob
[2017-03-20 07:32:53] elmorte : zylaale9205: you want to avoid that unless it's an emergency
[2017-03-20 07:33:06] arbitrage101 : people who are into property have done extremely well in the last 5-10 years
[2017-03-20 07:33:19] Actualiteit : /wall
[2017-03-20 07:33:35] arbitrage101 : can probably retire if they sold or rented for longer than 5 years
[2017-03-20 07:42:02] Tux26 : /price
[2017-03-20 07:42:06] trollbot : ``` Bitstamp : 1023.00 (0.00%) Bitfinex : 1026.20 (0.00%) The Woodchipper : 1035.80 (0.00%) itBit : 1020.35 (0.00%) Kraken : 999.34 (0.00%) GDAX : 1025.00 (0.00%) SLQ : < 1 min```
[2017-03-20 07:54:18] ThruTheFloor : 1100 next stop?
[2017-03-20 07:55:50] micmix : $110 you mean?
[2017-03-20 07:56:16] Actualiteit : $11 you mean?
[2017-03-20 07:56:42] freact : now now. lets just split the difference. I could go for a nice round 500
[2017-03-20 07:56:59] micmix : maybe we should switch to pricing everything in zec
[2017-03-20 07:58:30] arbitrage101 : micmix: i second that
[2017-03-20 07:58:42] arbitrage101 : have a small stash of zec
[2017-03-20 07:58:49] arbitrage101 : think price now is a good buy?
[2017-03-20 07:59:31] micmix : who knows
[2017-03-20 07:59:46] zylaale9205 : in perpetual swap i can hold the position how long
[2017-03-20 07:59:51] arbitrage101 : dont like buying things after a huge run up
[2017-03-20 08:00:52] micmix : zec didn't have a huge run up yet, 2.5x from ico
[2017-03-20 08:00:59] RoftheN : ICO?
[2017-03-20 08:01:14] micmix : initial coin offering
[2017-03-20 08:01:22] RoftheN : Zec had ICO?
[2017-03-20 08:01:32] micmix : yes
[2017-03-20 08:01:33] RoftheN : But it launched with mining right
[2017-03-20 08:01:39] RoftheN : Oh yuo mean the 20% that goes to the dev
[2017-03-20 08:01:46] RoftheN : And investors
[2017-03-20 08:01:50] micmix : you could invest before release
[2017-03-20 08:02:00] micmix : yes
[2017-03-20 08:02:45] RoftheN : But the inflation is still far too high, I think it won't go up much more, the halving is years away
[2017-03-20 08:03:20] micmix : if it doesn't die
[2017-03-20 08:04:42] zylaale9205 : in perpetual swap i can hold the position how long
[2017-03-20 08:05:20] j8 : perpetually
[2017-03-20 08:05:23] newchar : lol
[2017-03-20 08:05:33] arbitrage101 : zcash lead is making a name for himself
[2017-03-20 08:05:41] arbitrage101 : involved in more cryotp
[2017-03-20 08:05:48] micmix : zylaale9205: as long as you want, until you're are liquidated or adl'd
[2017-03-20 08:06:03] arbitrage101 : might pump hard if he becomes more visible in the crypto scene
[2017-03-20 08:15:22] REKT : Liquidated long on `XBTUSD`: sell 2400 @ 1024.10
[2017-03-20 08:20:10] NukeLaloosh : arbitrage101, elmorte : I gotta get to KL at some point
[2017-03-20 08:20:26] arbitrage101 : NukeLaloosh: where are you located
[2017-03-20 08:20:33] arbitrage101 : kl is a shit place for vacation
[2017-03-20 08:20:54] NukeLaloosh : saigon
[2017-03-20 08:21:08] arbitrage101 : o
[2017-03-20 08:21:15] arbitrage101 : can introduce any viet girl
[2017-03-20 08:21:22] arbitrage101 : need a girlfriend
[2017-03-20 08:21:38] NukeLaloosh : lol! i need to dump my filipina first
[2017-03-20 08:22:19] NukeLaloosh : definitely some talent walking around
[2017-03-20 08:22:56] elmorte : NukeLaloosh: you betta!
[2017-03-20 08:23:02] elmorte : I mean get your ass down here...
[2017-03-20 08:23:15] elmorte : and get arb a gf
[2017-03-20 08:23:48] NukeLaloosh : will get there in the next few months for sure
[2017-03-20 08:24:40] NukeLaloosh : arb a gf -- i like that. arb everything
[2017-03-20 08:24:48] arbitrage101 : elmorte: know any lonely girl in kl?
[2017-03-20 08:24:53] arbitrage101 : wont mind fat ass
[2017-03-20 08:25:09] arbitrage101 : would be a plus if she is rich
[2017-03-20 08:25:35] elmorte : I'll put a word out :)
[2017-03-20 08:25:41] arbitrage101 : sure
[2017-03-20 08:25:44] arbitrage101 : awaiting good news
[2017-03-20 08:25:52] j8 : wanted: fat lonely rich girl
[2017-03-20 08:26:12] arbitrage101 : i mean the girl wont mind fat guy
[2017-03-20 08:26:18] j8 : oh i see
[2017-03-20 08:26:18] arbitrage101 : i do mind fat girl
[2017-03-20 08:26:36] arbitrage101 : unless she is fabulously wealthy
[2017-03-20 08:39:36] emcor : /rekt
[2017-03-20 08:39:36] trollbot : ``` 3 recent REKTs > 100K: ``` ``` 10 hours, 8 mins ago: Liquidated long on `XBTUSD`: sell 210000 @ 1034.53 **REKTosaurus** :slot_machine: :moneybag: :fire: ``` ``` 16 hours, 59 mins ago: Liquidated short on `XBTUSD`: buy 100000 @ 1010.42 **EPIC REKT** :unamused: :confounded: :astonished: ``` ``` 31 hours, 48 mins ago: Liquidated short on `XBTM17`: buy 100000 @ 1000.02 **EPIC REKT** :unamused: :confounded: :astonished: ```
[2017-03-20 08:52:31] sleger : @Farzad I barely used your bot and you banned me, I dont want to read those shit posts again ^ OR fcking unban me
[2017-03-20 08:54:22] Actualiteit : /wall
[2017-03-20 08:54:44] Actualiteit : okay..
[2017-03-20 08:55:08] aron : ross
[2017-03-20 08:55:17] REKT : Liquidated long on `XBTUSD`: sell 100 @ 1020.04
[2017-03-20 08:56:40] KyllingLolsson : Any eth trader here?
[2017-03-20 08:58:21] ThruTheFloor : No
[2017-03-20 08:58:48] aron : cmon lets buy btc at 1017
[2017-03-20 08:58:54] aron : all to 1200!
[2017-03-20 08:59:07] Actualiteit : 1010
[2017-03-20 08:59:14] aron : board the train we is going up
[2017-03-20 08:59:23] freact : nah, i think it's still got some sub 1000 left here
[2017-03-20 08:59:25] aron : atleast 1023
[2017-03-20 08:59:51] Actualiteit : if it breaks 10 im waiting or 00 or sub 1k as well
[2017-03-20 08:59:59] aron : 00?
[2017-03-20 09:00:22] jose : 10xx
[2017-03-20 09:00:32] aron : no i mean will you sell at 00 or buy
[2017-03-20 09:00:37] Actualiteit : aron: yes
[2017-03-20 09:00:49] aron : yes you will short it?
[2017-03-20 09:01:08] aron : i said OR so a 'yes' is weird
[2017-03-20 09:01:11] jose : aron: 1000 is cheap for BTC in 2017
[2017-03-20 09:01:14] Actualiteit : aron: exactly
[2017-03-20 09:01:16] aron : ikr
[2017-03-20 09:01:24] aron : itll be like 1200 soon
[2017-03-20 09:01:37] aron : i give it a couple of months
[2017-03-20 09:01:57] jose : next ATH should be 1500
[2017-03-20 09:02:13] freact : not so sure with hard forks looming
[2017-03-20 09:02:31] aron : look we broke 1020
[2017-03-20 09:02:36] aron : onto the moon we go
[2017-03-20 09:02:51] aron : dum all at 1050
[2017-03-20 09:03:15] Actualiteit : aron: do you have a BA in YoBit trollbox etiquette?
[2017-03-20 09:03:18] jose : freact: after HF we will have LN, so it is going to sky rocket. Exactly like ETH after ddos attack. it took a bit to recover and now it is ATH
[2017-03-20 09:03:44] aron : jose what is HF?
[2017-03-20 09:03:49] aron : oh yeah hard fork
[2017-03-20 09:03:55] aron : LN?
[2017-03-20 09:03:59] jose : HF hard for LN lighning network
[2017-03-20 09:04:34] aron : jose but u cant use this site for long term
[2017-03-20 09:05:08] jose : aron: you can, if you dont expect dumps
[2017-03-20 09:05:24] jose : i would be long on June if not HF
[2017-03-20 09:05:32] aron : can i profit off of btc moving by 2 usd?
[2017-03-20 09:05:39] aron : if i dont have a big bankroll
[2017-03-20 09:05:44] jose : aron: 100x
[2017-03-20 09:05:54] aron : yes i put 1 usd as 100x
[2017-03-20 09:06:12] Actualiteit : leverage yourself to shit and get liquidated by a 5$ move
[2017-03-20 09:06:14] Actualiteit : best strategy
[2017-03-20 09:06:19] jose : i think it is too dangerous anyway xD
[2017-03-20 09:06:28] aron : jose i'll sell all at 1024
[2017-03-20 09:06:40] aron : so i made 1$ profit
[2017-03-20 09:06:57] jose : liquidation price ?
[2017-03-20 09:07:03] aron : 1013
[2017-03-20 09:07:10] freact : lol
[2017-03-20 09:07:11] jose : good luck, haha
[2017-03-20 09:07:18] j8 : sounds like a lot of work for a dollar!
[2017-03-20 09:07:18] aron : jose its a race
[2017-03-20 09:07:24] aron : j8 i dont want the dollar
[2017-03-20 09:07:25] freact : rekt incoming?
[2017-03-20 09:07:28] aron : im doing this to learn
[2017-03-20 09:07:44] j8 : good job, most people just blow it all asap
[2017-03-20 09:07:45] aron : im starting off with small trades
[2017-03-20 09:08:09] aron : but i only have around .2 btc in this account
[2017-03-20 09:08:15] freact : that is a good idea. I'm also just learning with small amounts
[2017-03-20 09:08:19] KyllingLolsson : aron: better start smaller leverage
[2017-03-20 09:08:23] KyllingLolsson : just to learn
[2017-03-20 09:08:35] KyllingLolsson : a loss is worse than a small profit
[2017-03-20 09:08:39] aron : kyllingloisson can u give an example of a profitable small leverage trade?
[2017-03-20 09:08:49] jose : last local low was 1012 and we are on down trend so next local low so be below 1012, so you should liquidate
[2017-03-20 09:09:08] aron : jose not if we reach 1025 first
[2017-03-20 09:09:09] KyllingLolsson : aron: ooh, dont have time. go to babypips.com
[2017-03-20 09:09:12] KyllingLolsson : school
[2017-03-20 09:09:14] aron : ok
[2017-03-20 09:09:49] jose : aron: you need to go to local low before going back to 1025 imho
[2017-03-20 09:11:00] aron : jose u think we will see 1013 before we see 1023?
[2017-03-20 09:11:24] jose : aron: in fact if it goes back to 1025 before going to 1013, you should not close at 1025 because we are on uptrend again, you should close more like 1030+
[2017-03-20 09:12:18] Actualiteit : im expecting a squeeze in an hour or so at 10, breakout up
[2017-03-20 09:12:22] Actualiteit : just my expectations tho
[2017-03-20 09:13:26] aron : jose because of fees and all do you think the minimum profit i should make is 1$?
[2017-03-20 09:13:31] aron : otherwise i make a loss?
[2017-03-20 09:13:45] jose : not if you are maker
[2017-03-20 09:13:50] jose : but fees are not the problem
[2017-03-20 09:13:59] aron : then what is?
[2017-03-20 09:14:46] jose : i think your targets are not good
[2017-03-20 09:16:30] jose : just look at the local high and local lows, if i doesnt go under 1013 then it should go over 1040
[2017-03-20 09:16:41] jose : so your target of 1025 is not good
[2017-03-20 09:17:00] aron : jose it says the local low is 936
[2017-03-20 09:17:07] aron : and H is 1337
[2017-03-20 09:17:10] j8 : the problem with 100x is you need the price to gain 1% to double your money, and you lose it all if it drops 0.5%. it's really bad odds if your plan is to take profit at that point, you need to be right more than 2/3 of the time
[2017-03-20 09:17:33] aron : j8 i thought i lost all if it drops 1%
[2017-03-20 09:17:42] j8 : nope
[2017-03-20 09:17:47] aron : oh bad odds then
[2017-03-20 09:17:58] jose : j8 is right, 100x is used to ride the wave, not going against the trend
[2017-03-20 09:18:03] j8 : there is maintenance margin of 0.5%, whether it's 100x or not
[2017-03-20 09:18:28] aron : j8 so am i not getting bad odds with every leverage?
[2017-03-20 09:19:06] jose : look at the chart, last high was 1040 and before low is 1013 and befor high is 1065
[2017-03-20 09:19:07] aron : even if i did 100 contracts with 10x leverage
[2017-03-20 09:19:24] j8 : well for example at 10x, you are liquidated after a -9.5% loss, which isn't much worse than -10%
[2017-03-20 09:19:34] aron : oh ok
[2017-03-20 09:19:39] jose : aron: 100x is the worst
[2017-03-20 09:20:03] Actualiteit : cross is a close second without stops tho lol
[2017-03-20 09:20:20] aron : jose should i have done 10x with 10 contracts?
[2017-03-20 09:20:40] aron : but i dont think i wouldve made any money off it
[2017-03-20 09:20:47] jose : aron: no, because it take 100x more margin that what you did haha
[2017-03-20 09:21:46] aron : jose can u give me an example of a good trade?
[2017-03-20 09:21:53] aron : its at 1022 right now
[2017-03-20 09:22:06] aron : and i expect it to reach 1025 soon
[2017-03-20 09:22:14] aron : so what kind of trade should i do?
[2017-03-20 09:22:17] jose : it is 1022 from 1017
[2017-03-20 09:22:33] jose : look like it is going to 1030+
[2017-03-20 09:22:39] KyllingLolsson : aron: One thing is for sure, the fear of mising out is what lead to most of my failures. So its better to miss out than to lose!
[2017-03-20 09:23:09] KyllingLolsson : u simply have to learn the hard way
[2017-03-20 09:23:11] aron : i made only 0.001?
[2017-03-20 09:23:20] aron : oh yeah thats right
[2017-03-20 09:23:24] jose : aron: dont take position if your not 100% sure
[2017-03-20 09:23:48] aron : jose it went to 1023 without hitting low
[2017-03-20 09:24:05] jose : aron: this is why i said it will go 1030+
[2017-03-20 09:24:21] Tetsuo : http://fortune.com/2017/03/19/irs-bitcoin-lawsuit/ Jail those criminals!
[2017-03-20 09:24:36] aron : wait i actually lost money on this trade?
[2017-03-20 09:24:49] aron : i lost .002
[2017-03-20 09:24:58] aron : even though i predicted correctly
[2017-03-20 09:25:02] aron : this is cause of fees
[2017-03-20 09:25:41] etoque : add doge here
[2017-03-20 09:25:59] aron : jose shouldnt i have made profit?
[2017-03-20 09:25:59] etoque : :D
[2017-03-20 09:26:30] aron : jose right now im not sure itll go to 1030 without reaching 1018
[2017-03-20 09:28:51] REKT : Liquidated long on `ETH7D`: sell 8 @ 0.042260
[2017-03-20 09:30:12] jose : not sure = dont trade
[2017-03-20 09:30:22] aron : jose im not trading right now
[2017-03-20 09:30:29] aron : im just wondering why i didnt make a profit
[2017-03-20 09:30:38] aron : even thought it went up
[2017-03-20 09:30:56] jose : because you took when you opened your position
[2017-03-20 09:31:06] aron : i took what?
[2017-03-20 09:31:10] freact : aron: look at your trade history to see
[2017-03-20 09:31:22] jose : you took the order in the orderbook instead of making
[2017-03-20 09:31:32] aron : how do i make it?
[2017-03-20 09:31:39] jose : people in the inderbook are paid when they are executed
[2017-03-20 09:32:05] freact : aron: check "Post-only" if you want to make sure you get the maker rebate
[2017-03-20 09:32:19] jose : but you shouldnt make on 100x because you are going against the trend
[2017-03-20 09:32:34] aron : jose i believe itll reach 1018 soon
[2017-03-20 09:33:14] jose : believe is not strong enough to go 100x :)
[2017-03-20 09:33:36] aron : even with 1 usd?
[2017-03-20 09:34:30] aron : jose okay. So should i go 10x with 10 usd?
[2017-03-20 09:34:36] aron : that makes 100 contracts
[2017-03-20 09:35:44] donsteep : that makes 10 contracts with a 1usd collateral
[2017-03-20 09:36:07] aron : donsteep i want 100 contracts
[2017-03-20 09:36:15] aron : so it makes 10 usd collateral
[2017-03-20 09:36:29] donsteep : if you want 100 then put 100 into quantity
[2017-03-20 09:36:31] DorianWhack-A-Moto : aron: go 100x on 1 dollar
[2017-03-20 09:37:01] donsteep : yeah do that. the most you can lose is 1 cent and you'll see how it works
[2017-03-20 09:37:42] aron : donsteep i went 100x with 1 usd when price was 1018
[2017-03-20 09:37:46] aron : i sold all at 1023 and made a loss
[2017-03-20 09:37:58] aron : this was because i didnt do a post only thing
[2017-03-20 09:38:15] aron : however my point is that i shouldve made a profit because the calculator said i would
[2017-03-20 09:38:23] donsteep : well. you didn't because that should leave you with 3 usd in between to make profit
[2017-03-20 09:38:34] aron : donsteep i lost 2-3 usd
[2017-03-20 09:38:49] aron : i lost 0.0022 xbt
[2017-03-20 09:38:53] donsteep : check your exec prices on your fills
[2017-03-20 09:39:28] aron : it shows 0.0003 xbt as profit
[2017-03-20 09:39:38] donsteep : you can't really trade movements of a few dollars because the spread and market order fees will eat you
[2017-03-20 09:39:58] aron : donsteep what if i did 10 usd with 100x?
[2017-03-20 09:40:41] donsteep : well then your collateral is 10 cents and you make 10 dollars if the price doubles
[2017-03-20 09:40:59] aron : sorry i meant 1000 usd
[2017-03-20 09:41:00] jose : aron: it is not the size the problem, it is your profit. 1$ is not enough to cover the taker fees
[2017-03-20 09:41:12] donsteep : yeah
[2017-03-20 09:41:22] REKT : Liquidated short on `ETH7D`: buy 229 @ 0.042470
[2017-03-20 09:41:40] aron : jose how much profit should i aim for?
[2017-03-20 09:42:02] REKT : Liquidated short on `ETH7D`: buy 40 @ 0.042760
[2017-03-20 09:42:35] donsteep : well assuming a spread of 0.5usd and 2x market order, the minimum is 2usd change in your favor just to break even
[2017-03-20 09:43:14] jose : aron: look at the chart, if you look at 1h you see the price moves 10$ then you should aim 5$
[2017-03-20 09:44:00] jose : I make several hours trade so i aim 20$ but it requires a lot of funds
[2017-03-20 09:44:13] datboiyuan : jose: high roller
[2017-03-20 09:44:16] aron : jose but it doesnt move 10$
[2017-03-20 09:44:28] jose : datboiyuan: not really xD
[2017-03-20 09:44:30] donsteep : then it's not a good place to trade
[2017-03-20 09:44:35] aron : it barely moves by few dollars
[2017-03-20 09:44:48] j8 : patience is key
[2017-03-20 09:44:56] aron : at 6:30 AM price was around 1022
[2017-03-20 09:45:21] KyllingLolsson : Let him learn the hard way...
[2017-03-20 09:45:33] jose : volatility is low since last 12h
[2017-03-20 09:45:34] j8 : it moved $300 over 3 days this past week
[2017-03-20 09:45:35] datboiyuan : aron: wait for a big move one way and bet hard the other. pretty good chance you maybe might win
[2017-03-20 09:45:46] aron : datboiyuan -.-
[2017-03-20 09:45:52] aron : genius
[2017-03-20 09:45:53] donsteep : aron I suggest you spend the day playing 50/100x bets with 1usd quantity and see which ones make you profit
[2017-03-20 09:46:03] Actualiteit : datboiyuan: bet, maybe, might
[2017-03-20 09:46:06] aron : donsteep i cant profit
[2017-03-20 09:46:06] Actualiteit : yeah no ty
[2017-03-20 09:46:14] aron : with 1 usd
[2017-03-20 09:46:17] etoque : donsteep: lol go with 10-30$ at least
[2017-03-20 09:46:27] jose : aron: 1 usd quantity not 1usd profit
[2017-03-20 09:46:41] etoque : cmon
[2017-03-20 09:46:49] aron : jose how can i make profit with 1 usd quantity? btc will have to double for me
[2017-03-20 09:46:53] etoque : 1 usd u loose ur time here lol
[2017-03-20 09:47:25] donsteep : the point is to get a good sense of how the trading works before you find your pockets empty
[2017-03-20 09:47:30] datboiyuan : Actualiteit: :)
[2017-03-20 09:47:31] etoque : oh
[2017-03-20 09:47:32] j8 : personally i think he's learned a lot from this chat and he's ready to go all in
[2017-03-20 09:47:36] etoque : yeah sure if so
[2017-03-20 09:47:40] donsteep : lol j8
[2017-03-20 09:47:42] datboiyuan : j8: definitely
[2017-03-20 09:47:48] datboiyuan : me too though, who can I pay?
[2017-03-20 09:47:49] Actualiteit : j8: Agree, he doesnt even need stops at this point
[2017-03-20 09:47:56] aron : jose what do you think about 5x leverage, 100 usd contracts (so 20 usd collateral) with aim of 1032?
[2017-03-20 09:48:11] datboiyuan : do it
[2017-03-20 09:48:26] aron : datboiyuan dont u have things to do
[2017-03-20 09:48:32] donsteep : yeah at least it'll leave you enough room for profit in between fees and spread
[2017-03-20 09:49:00] aron : donsteep i cant tell if youre serious
[2017-03-20 09:49:02] datboiyuan : actually right now I'm shitting
[2017-03-20 09:49:05] donsteep : I am :)
[2017-03-20 09:49:07] jose : aron: tell me something your are sure about bitcoin price
[2017-03-20 09:49:15] aron : it will go to 1030
[2017-03-20 09:49:30] zy : lol
[2017-03-20 09:49:39] jose : when ?
[2017-03-20 09:49:45] aron : within a few hours
[2017-03-20 09:50:18] zy : how about you go 100x all in if you're so sure?
[2017-03-20 09:50:22] donsteep : well pick your collateral based on what you won't mind losing and go ahead
[2017-03-20 09:50:30] aron : and the min itll reach is like 1012
[2017-03-20 09:50:42] aron : zy because ill get rekt by liquidation price
[2017-03-20 09:51:40] aron : zy there are also no guarantees in trading
[2017-03-20 09:52:03] aron : jose so what kind of trade should i do if i expect it to reach 1030?
[2017-03-20 09:52:18] datboiyuan : Aron you don't even know jose
[2017-03-20 09:52:20] donsteep : at the current price (swap), none
[2017-03-20 09:52:31] datboiyuan : not sure you can trust him..
[2017-03-20 09:52:36] aron : datboiyuan i know you well enough to not trust you
[2017-03-20 09:52:50] aron : you were giving me really bad advice
[2017-03-20 09:52:56] aron : jose is giving decent advice
[2017-03-20 09:53:24] datboiyuan : I sincerely wish you the best
[2017-03-20 09:53:32] aron : thanks
[2017-03-20 09:53:37] jose : if i doesnt go to 1030 in the next 2 hours then i will go down
[2017-03-20 09:53:39] donsteep : while we've been talking the price has gone up $4 and 1030 is no longer a viable target :(
[2017-03-20 09:54:22] aron : jose I understand your speculation i just dont understand the way to trade
[2017-03-20 09:54:50] aron : jose i think itll reach 1200 usd within a few days
[2017-03-20 09:55:06] aron : but i cant trade on this info because ill get rekt by liquidation
[2017-03-20 09:55:38] zy : i don't normally say this but you are acting like a 5 year old
[2017-03-20 09:55:58] jose : agree, you are afraid of big dump, i feel the same
[2017-03-20 09:56:22] aron : jose i think it can reach like 900 before going to 1200
[2017-03-20 09:56:32] aron : thats not such a big dump
[2017-03-20 09:56:41] aron : i'll just use 5x leverage
[2017-03-20 09:57:26] aron : okay its at 1030.9 now i think itll go to 1024 before reaching 1040
[2017-03-20 09:57:28] jose : be carefull
[2017-03-20 09:57:33] aron : okay thanks
[2017-03-20 09:57:44] jose : my internet is bad right now sorry :(
[2017-03-20 09:58:11] gjasklfgsd : jose: fjfl
[2017-03-20 09:58:19] gjasklfgsd : gagaga
[2017-03-20 09:59:56] REKT : Liquidated short on `XBTUSD`: buy 20 @ 1033.75
[2017-03-20 09:59:57] stf28 : fcuk what a candle !
[2017-03-20 10:00:11] Actualiteit : well there goes my analysis lol
[2017-03-20 10:00:13] DorianWhack-A-Moto : /price
[2017-03-20 10:00:16] trollbot : ``` Bitstamp : 1032.00 (0.00%) Bitfinex : 1034.10 (0.00%) The Woodchipper : 1036.70 (0.00%) itBit : 1027.00 (0.00%) Kraken : 1014.00 (0.00%) GDAX : 1028.33 (0.00%) SLQ : < 1 min```
[2017-03-20 10:00:25] DorianWhack-A-Moto : lol kraken
[2017-03-20 10:01:07] DorianWhack-A-Moto : /sentiment
[2017-03-20 10:01:10] trollbot : ``` Sell/Buy Ratio Sentiment Hourly : 44.28 / 55.72 Daily : 47.37 / 52.64 Weekly : 56.02 / 43.98 Monthly : 52.64 / 47.36```
[2017-03-20 10:02:05] datboiyuan : hey Aron that whole time you were chatting asking for help, the price was rising and you could have been long
[2017-03-20 10:03:05] donsteep : 100x long would've made a nice 50% or so in a few minutes
[2017-03-20 10:03:29] aron : datboiyuan but with what leverage and what contracts?
[2017-03-20 10:04:12] donsteep : that depends only on what you're willing to bet with and what your timeframe is
[2017-03-20 10:04:34] longbydefault : aron: depends on how much money you have outside the exchange
[2017-03-20 10:04:49] aron : i have only about 1 btc
[2017-03-20 10:05:02] REKT : Liquidated short on `XBTM17`: buy 2462 @ 1045.23
[2017-03-20 10:05:03] longbydefault : aron: how much money you have outside the exchange?
[2017-03-20 10:05:10] aron : 1 btc
[2017-03-20 10:05:11] datboiyuan : 1 btc is plenty to make little amounts
[2017-03-20 10:05:30] datboiyuan : do 5x 1000 contracts
[2017-03-20 10:05:41] aron : thats 200 usd collateral
[2017-03-20 10:05:51] datboiyuan : right
[2017-03-20 10:06:28] DorianWhack-A-Moto : keep your position well covered with margin so you have plenty of room before liquidation
[2017-03-20 10:06:58] DorianWhack-A-Moto : use the calculator to see what your liq price will be etc
[2017-03-20 10:07:03] datboiyuan : you either need more capital or a higher risk apetite
[2017-03-20 10:07:09] datboiyuan : you'll get smoked by leverage
[2017-03-20 10:07:26] datboiyuan : or teeny tiny gains I suppose
[2017-03-20 10:07:37] aron : if i did 1000 contracts with 5x leverage with entry price 1030 and exit 1040 then calc says i wouldve made .009 xbt profit
[2017-03-20 10:07:59] aron : shouldnt i put some sort of 'stop loss' or something?
[2017-03-20 10:08:06] donsteep : yes
[2017-03-20 10:08:14] donsteep : "stop market" is what you're looking for
[2017-03-20 10:08:19] aron : oh and i wouldnt have made 0.009 profit cause of Taker Fee
[2017-03-20 10:08:21] datboiyuan : or you could turn your leverage up as a defacto
[2017-03-20 10:09:11] donsteep : except that liquidation is a bitch and takes more than market stop
[2017-03-20 10:10:37] donsteep : but yes higher leverage is a way to put a strict limit on what can be lost
[2017-03-20 10:11:00] DorianWhack-A-Moto : sometimes i just use cross like a degenerate
[2017-03-20 10:11:03] DorianWhack-A-Moto : yolo
[2017-03-20 10:12:14] datboiyuan : cross is not for degenerate
[2017-03-20 10:12:30] datboiyuan : unless you don't have money I suppose
[2017-03-20 10:13:25] aron : guys i put i buy order for 1020 but it expired
[2017-03-20 10:13:31] aron : is there a way i can make it not expire?
[2017-03-20 10:13:43] aron : i dont want to stare at the screen all day
[2017-03-20 10:13:51] DorianWhack-A-Moto : datboiyuan: yeah but you're risking it all, but with good balance chance of liq is low.
[2017-03-20 10:14:28] donsteep : I'm not sure what expiration means
[2017-03-20 10:14:44] DorianWhack-A-Moto : donsteep: it means dont drink the milk after that date
[2017-03-20 10:15:01] longbydefault : how about trading small amount of contracts today... see how it works... like buy 10-50 contracts...
[2017-03-20 10:15:01] donsteep : whoa this changes everything
[2017-03-20 10:15:01] longbydefault : you don't have to risk everything today
[2017-03-20 10:15:01] aron : donsteep put a buy order of 900 for xbt right now
[2017-03-20 10:15:23] aron : after 5-10 minutes it will magically cancel itself
[2017-03-20 10:15:28] donsteep : oh ok
[2017-03-20 10:15:39] aron : (bitmex cancels orders not filled in few minutes)
[2017-03-20 10:16:03] donsteep : funny I wasn't aware of that
[2017-03-20 10:16:18] aron : okay so finally im doing 10 usd contract with 5x leverage waiting to reach 1200