6 of those trades would be losers and 27 would be winners giving a total return of 1169 profit during the 39 hours timeframe. I didnt enter a short position here but once the price reached its high of 6830 you had an opportunity for a short position which would give you a profit of over 100 with a 100x leverage. BitMEX almost every single time, sometimes I use 50x too because my strategy works and Im confident with. Posted by, with carefully managing leverage and taking smaller profits along with positioning myself well for the bigger moves. RSI relative to its own high/low range over a user defined period of time. Use the RSI and the macd to spot a longer pattern.
Bitcoin Bitmex Scalping Strategy by deebitcoin TradingView
If you only have like 100, go for 20-30 for each position. The strategy Im about to share with you in this article is my personal strategy I found to bo very sucessfull if used correctly. Its unlike anything else youve seen I can guarantee you that. This strategy still works but due to the high volatility there is a higher risk of you getting stopped out. I have then draw the support line and it created an ascending triangle pattern which is a bullish pattern. To sum up this section: Use a 5 minute time frame on your chart. If you dont know what support and resistance lines are go check out this article on Investopedia, Support and Resistance Basics. Create Post, moderators u/BitMEXdotcom, official u/strml, cTO - BitMEX u/BitMEX_Wally u/BitMEX_Stefan u/BitMEX_John, view All Moderators, cookies help us deliver our Services.