It's nice that my alarms actually worked for once, now how to figure when to close open positions...
Should one just close now and take the profits?
Or do you just let it run and continue to let the fees eat away at profits?
Sorry for noob questions.
dear noob. If you're a noob, maybe you shouldn't use leverage.
Also: if you take profit in USD you're doing that bitcoin-thing wrong.
Please consider the option of closing your leveraged long position and just buying some bitcoin outright. No continiual fees attached.
Thanks molecular, sorry I wasn't more clear, I've just started playing with leverage on btc.sx -it's a pure bitcoin play.
I'm all out of fiat, and my mining income just isn't cutting it for me anymore, so I figured leverage looked fun.
Thanks for the advice anyways tho