There is a point in life in which everyone needs to pay his sacrifice to the market makers. This will show u some hidden 101 trading mechanics for easily getting REKT on Bitmex. Have fun :-)





Nothing is more painful than waiting to get rich - not even losing it all by trying.





Longing bottoms / longing tops

This strategies are pretty easy ones, you just constantly try to exactly catch the bottom. This works in a bearmarket but thankfully also in bullmarkets since Bitmex is providing a committed streams of promising Scamwicks. Same goes for tops of course.





Shorting Tops / shorting bottoms

Exact opposite of above. It just really needs to get laid down.





Stop-Loss placement and rearrangement

This is harder, but there is still a great room for fuck ups. Basically we have 2 ways of playing this. Tight-, and wide-stop-loss orders. The recommended way of doing this, is to max out our leverage with technically tightest possible stops. Wide stop-loss placement is a low-fun game and the incoming rekt does take way to long to evolve into his full potential - and it will just not feel "right".

If u see this in combination with the 2 points we already talked about - it may make sense to you.





Taking-Profits early/late

This is really the hardest one, but dont worry. We will go trough this together.

If u really managed to pick up a local low or high, dont miss out on this one. Because this are the lucky lottery trades almost no one catches. So after trying 162 times before finally getting into an all-or-nothing position, u truly will feel the rollercoster. The price moves and your PnL just doubles and quadruples, while u eventually would be able to get atleast half your initial investment back .. dont just stop gambling there, u could go 5000%.

Step one to fuck this up, since theoretically a finall low or high should'nt get touched any time again or atleast soon, is it to move your SL up/down by not sticking to your plan or just making a new one on the fly - the best approach to execute this, is by simply dont having a plan. So either be sure to move your SL to take profit or overleverage it (which we will discuss in a second). Two options, pretty simple if you understood it. The golden rule is to never close that position, because winning just doesn't feels as intense than loosing. Manually taking profit is useless, it only means less gains in a rally continuation.

This usefull SL management technique needs to be mixed with our next main powertool for full and maximized impact.





Overleveraging

U Know it. I know it. We all know it. Trading withouth leverage isn't fun, to be honest .. its boring AF. For real, the adrenaline rush u have while making money is at minimum comparable with a good line pure cocaine. So a good way to make yourself comfortable is to go with the maximum possible. This forces you to be watching the price action all the time and in the best case it can also ruin your sleeping habits - but honestly, who cares about. Time is money and sleeping means less time to lose all of that juicy money.





Loss-Aversion

100% doesn't feel that special, -98% will get u the true feelings out of the game, the feelings everyone is searching in life. If buying things doesnt makes u happy, love doesn't fullfill you and even drugs feel like just a waste of time - dont look any further.





Final Comments

Bitmex allows u to leverage 100x on BTC, 50x on ETH , recently even 50x on XRP and lets get real, short that garbage fearless all the way down to $0.0001 since our profits are safely settled in btc.

Almost everyone has made mistakes before. Me too, but its not helpful if we don't joke around and get up back. After 6 years in crypto i am still a bad trader who fucks up the easiest setups, cant stick to a plan and owned by emotions. Mistakes were made but maybe i get a better trader with this documentation, together with you guys and it may even makes u a better trader too. Or atleast gave u a good laugh.





Compensate losses with a guaranteed trading fee discount every 6 months by bookmarking and using my very unsarcastic reflink: https://www.bitmex.com/register/kRfduR

This is as authentic as it could get and i even leave you a bitmex adress if u wanna donate to me directly: 3BMEXNG9i4xdJ7oYsru2iCmLBQpdFXKB8z

Pure skin in the game.

After all you're at least not trading alone while smashing your funds into Arthurt's cold wallet by using my reflink + this masterpiece of hidden mechanics trading guide.





Thank your for reading!





Saga to be continued...











