StrafordSTONES:




Wow man, I'm happy for you, you are on your to becoming very rich; if just fund your account with $500 and do that same stuff u will get 1100$ and keep repeating ...kpiam you are rich.

Lol, I'm not that dumb, if e pass $10 I no dey do

exstreve:
Guys what the fvck just happened?

I decided to check my gate account this morning and I saw $5 in the futures wallet. I don't even know how tf it got there.
I've never traded futures before, so I just decided to give it a try, cos I don't own the money, I longed BTC at 21,000 and went off, I came back later and BTC was at 21,300 and I saw the money was $11.

Jeez, what the fvck?

Futures is blood money I swear, I didn't even know what I was doing

What was your leverage?

Decapheno:


What was your leverage?

I saw x100

exstreve:


I saw x100

No wonder

BTC daily outlook still look bullish. I don't know if it's proper time for engulfing candle to make a retracement of the recent Bearish trend. For now, I won't press any button just yet cos the market is in a daisy situation. A major impact news is coming up later, let's see how the market reacts to it. For now, I dey watch charts

Kingsteve:


New day, and BTC still respecting that ascending trendline support at 20k
BTC current price as at writing is 21.3k

If BTC closes the weekly candle above 21.3k or even 21.6k, expect more upward movements for next week's trading session.

As usual...we observe!

2nd day of the new week, still...the 20k ascending trendline support is still defending the bear attack!

Let me explain further...
Any good TA trader from anywhere around the globe will also draw that ascending trendline, and notice the support at 20k region.

His trading decisions will be based on exactly what the charts tell him.
The only difference is the number of sell orders/shorters vs the number of buy orders/long positions.

In this case, the number of sell orders might be more, considering the downtrend factor.
However, as days go by, and the 20k support still holds, more buyers will have the confidence to place buy orders, and also open long positions.

We keep observing as things will play out in the coming days.

exstreve:
Guys what the fvck just happened?

I decided to check my gate account this morning and I saw $5 in the futures wallet. I don't even know how tf it got there.
I've never traded futures before, so I just decided to give it a try, cos I don't own the money, I longed BTC at 21,000 and went off, I came back later and BTC was at 21,300 and I saw the money was $11.

Jeez, what the fvck?

Futures is blood money I swear, I didn't even know what I was doing

This is the trap that made me lose $2k a few months back! Lol, I was able to triple the 20$ I started with consistently for like 2weeks and I said to myself "Future is blood money".

That's how I liquidated my FTM, KCS, BLOK carry the whole month put for future, lmao.

My comments still dey this thread.

E be like JUJU!! Everything disappeared right before my eyes

Born2conquer:

This is the trap that made me lose $2k a few months back! Lol, I was able to triple the 20$ I started with consistently for like 2weeks and I said to myself "Future is blood money".

That's how I liquidated my FTM, KCS, BLOK carry the whole month put for future, lmao.

My comments still dey this thread.

E be like JUJU!! Everything disappeared right before my eyes

Na person wey futures never show shege go still dey support am.
E go reach everybody turn one way or the other.
Futures na trap!

Even the so-called SL sometimes doesn't exit at the set price, especially when the volatility is heavy, and price drops leaving a very long red bloody candlestick.

frioslegend02:
BTC daily outlook still look bullish. I don't know if it's proper time for engulfing candle to make a retracement of the recent Bearish trend. For now, I won't press any button just yet cos the market is in a daisy situation. A major impact news is coming up later, let's see how the market reacts to it. For now, I dey watch charts

What news is coming up? I see the market as bearish, Here's why : Market has retested 21.8k level several times and failed to break the resistance area and flip into an uptrend. On the weekly chart, the last candle was an outside bar and on the daily chart, the last bar was a pinbar. Bearish is the way i see the market.

Born2conquer:

This is the trap that made me lose $2k a few months back! Lol, I was able to triple the 20$ I started with consistently for like 2weeks and I said to myself "Future is blood money".

That's how I liquidated my FTM, KCS, BLOK carry the whole month put for future, lmao.

My comments still dey this thread.

E be like JUJU!! Everything disappeared right before my eyes

Omo it's not easy, I've read several stories here too, I'm taking it easy oo

SudoRare has rugpulled

SudoRare, the AMM protocol for ERC-721 to ERC-20 swaps, suddenly removed its website and social media accounts. The creators of the protocol reportedly stole 519 ETH (~$828,000).

The first to report the possible rug pull was stated by sungjae_han, a member of the crypto community, pointing to a suspicious transaction to withdraw a significant portion of funds from SudoRare. The stolen funds were distributed across three accounts in the amount of 173 ETH.

https://altcoin.ng/sudorare-has-rugpulled/

Kingsteve:


Na person wey futures never show shege go still dey support am.
E go reach everybody turn one way or the other.
Futures na trap!

Even the so-called SL sometimes doesn't exit at the set price, especially when the volatility is heavy, and price drops leaving a very long red bloody candlestick.

Were you trading only btc and eth when this s/l issue happened? Volatility of the other coins can be funny at times depending on the broker -market manipulation where price moves only on that broker's platform does occur, I don see am happen on Deriv before. The situation no go be the same for btc or eth. Seriously, 95 times out of 100, you will never get a situation where a BTC or ETH day trader who read the chart correctly and used the weekly atr as his stop loss gets abruptly stopped out. The market will not quickly take him out of his long or short before rallying within the same week in the initial direction he chose. The problem with futures comes when you don't have experience like dem XatoXi, to pick proper entry and stop loss and you decide to go with very narrow stop loss on btc or eth Or you decide to employ leverage higher than 3x-5x.

Geovanni412:


Were you trading only btc and eth when this s/l issue happened? Volatility of the other coins can be funny at times depending on the broker. Seriously, 95 times out of 100, you will never get a situation where a BTC or ETH day trader who read the chart correctly and used the weekly atr as his stop loss will never be abruptly stopped out. The market will not quickly take him out of his long or short before rallying within the same week in the initial direction he chose. The problem with futures comes when you don't have experience like dem XatoXi, to pick proper entry and stop loss and you decide to go with very narrow stop loss on btc or eth.

I started trading futures when crypto was non-existent!
I traded futures on indices...FTSE100 and DAX30 mostly.
The volatility was as mad as the current crypto markets.
I noticed that during a downtrend, sometimes the SL won't even work.
I would have to manually sell after incurring massive loss.

Yes, I made some money from it...atleast I used the profits to buy my first Dell laptop back then at £400 plus.
But the general experience was worrying.

Then, I used to wish I traded on the actual price of the instrument, but what was available on the E-Trade platform was the derivatives markets.

I've never tried trading crypto on futures...never!

Kingsteve:


I started trading futures when crypto was non-existent!
I traded futures on indices...FTSE100 and DAX30 mostly.
The volatility was as mad as the current crypto markets.
I noticed that during a downtrend, sometimes the SL won't even work.
I would have to manually sell after incurring massive loss.

Yes, I made some money from it...atleast I used the profits to buy my first Dell laptop back then at £400 plus.
But the general experience was worrying.

Then, I used to wish I traded on the actual price of the instrument, but what was available on the E-Trade platform was the derivatives markets.

I've never tried trading crypto on futures...never!

Slippage - it happens when the market moves too quickly. It happens around events that make the market super volatile.

Please anyone know firm that recruit or fund traders ?

Hi guys, Lets make this thread worthwhile


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God abeg oh let this people not liquidate me oh

It's getting really closed and I'm here confused on what to do

Geovanni412:


What news is coming up? I see the market as bearish, Here's why : Market has retested 21.8k level several times and failed to break the resistance area and flip into an uptrend. On the weekly chart, the last candle was an outside bar and on the daily chart, the last bar was a pinbar. Bearish is the way i see the market.

The news came and it's going my way.

frioslegend02:


The news came and it's going my way.

If you weren't ready to answer the question, why bring it here?

atinga1:
If you weren't ready to answer the question, why bring it here?

You were so sure of your analysis. I was only speculating. Whereas you asked a rhetorical question as if I didn't know what I was saying, I had to keep quiet. A

atinga1:
If you weren't ready to answer the question, why bring it here?

Some hours ago you said dips coming and you were so certain

randy01:
Please anyone know firm that recruit or fund traders ?

Crypto : check emperorbtc 's twitter page
Fx & crypto: blufx, ftmo, myforexfunds etc.

Geovanni412:


Crypto : check emperorbtc 's twitter page
Fx & crypto: blufx, ftmo, myforexfunds etc.

Thanks bro.this one right

Do you know that some people are jobless, and get 'high' just to quote and invalidate your sensible comments? The ones that need their egos massaged are even more.
Why do they do so? Just to get the likes that will impregnate their grandmother.
So stop wasting your quotes on lizards; rather spend it on those asking questions, those ready for liberation

Geovanni412:


What news is coming up? I see the market as bearish, Here's why : Market has retested 21.8k level several times and failed to break the resistance area and flip into an uptrend. On the weekly chart, the last candle was an outside bar and on the daily chart, the last bar was a pinbar. Bearish is the way i see the market.

I see nothing bearish about current BTC price.
Las Las, E be like say you suppose improve your TA classes.
Tip: try to be more practical, because I've noticed you follow the books too much.
I will suggest you learn more by studying the live charts, na so one of my guys learn the skill.
Too many books end up confusing you, which they call information overload.

doyin01:


Some hours ago you said dips coming and you were so certain

Did you get a particular date and time from me?

randy01:


Thanks bro.this one right

Absolutely.

I remember those days when I used to trade forex and I will use too many indicators to analyse the market and it led to more confusion whenever I am trading the forex market...Then someone at that time gave constructive criticism concerning my trading style and said I should stop using too many indicators when trading or if possible I should just stick to candle stick pattern trading instead of using plenty indicators at once while on the market...I listened to the person and it made me have a very great experience in forex trading...but sadly many people these days do not welcome constructive criticism.. they do not want people to criticize them at all..they just want you to keep ass-licking them..no matter what they say or do, they expect you to just swallow it up and expect you to never criticize their actions...

If you want success , you must welcome criticism....You should not expect everybody to lick your ass....There cannot be growth without criticism...

atinga1:
Did you get a particular date and time from me?

Would you have asked the silly question if the market experienced the dip ??

Won't you have claimed " you saw it coming"...?? Won't you say " yes I said it , I said dip is coming "??

It seems some of you just want people to lick your ass and that they should never go against your opinion or have an opinion different from yours...You see everything as an attack.. shior..

yeye people everywhere.. so suddenly it is now about you mentioning date and time....

frioslegend02:

You were so sure of your analysis. I was only speculating. Whereas you asked a rhetorical question as if I didn't know what I was saying, I had to keep quiet. A

You're quoting the wrong guy.