btc short playing out lovely

10 Jul 2018

I scalped a short and closed it and set another one up high and caught that too. Stop loss has been set around 6642 in the profit zone. Expecting to see some more strange price action in the coming weeks. Don't ham-fist any position and work on gradually getting in. Remember perp swap funding is still paying out shorts in the long-run so holding a short with stop loss is easy funding to collect. Use about 10% or so to gradually get into a long for xbtz (december) futures. Play it tight and play it safe.

10 Jul 2018

Dagangan ditutup: sasaran tercapai

closed my short out again. started a small long at 6350ish area. will update my chart. not 100% comfortable going all in on a long and I have reserved perp swaps for shorting only because you can long sept or dec futures. i am still kicking myself for not getting more options on deribit because i am well past strike price of 6500 (i bought an option for 6500 while it was at 6800.... i am still learning how to use deribit options properly.