Post
Topic
Board Speculation
Re: BTC is overheated. I OPENED SHORT postition
by
ask
on 02/11/2016, 18:35:06 UTC
Hi kids. I was out of internet in the mountains.

In the meantime my orders worked fine for me. Everything worked by the book. So:

    Hi kids. I was out of internet in the mountains.

    In the meantime my orders worked fine for me. Everything worked by the book. So:

    • short position opened ~ $720 was closed at ~ $690
    • long opened at ~ $685 was closed at ~ $740

    So let's say around $80 per bitcoin in green. Leveraged Smiley

    Thank you all.








    The time line does make this move quite possible. I just find it odd to short expecting just a 5% correction.
    • short position opened ~ $720 was closed at ~ $690
    • long opened at ~ $685 was closed at ~ $740

    So let's say around $80 per bitcoin in green. Leveraged Smiley

    Thank you all.








    The time line does make this move quite possible. I just find it odd to short expecting just a 5% correction.

    When I opened first short I honestly expected drop to 660. Then when I saw that panic has gone, expected another spike down.

    Luckily it happened as I expected.