Trying out my first margin trading

in #cryptocurrency • 7 years ago

Using Poloniex and ~.9 ETH, I am going to dip my toe into the world of margin trading.

While I'd like to short BTC/USD, this option is not allowed, so I'm stuck trading some altcoins.

3hr chart 55MA is just crossing above the 8,13 & 21 MA a few candles ago.

Going to put this trade on in the morning and see where I am in the afternoon.

Selling XMR @ 0.02828700 BTC
Im not sure how to set the stop-loss, but I set an alert on my DELTA app for .029 so I can close the position if it turns against me.

#bitcoin #trading #technicalanalysis #monero
7 years ago in #cryptocurrency by
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       5 years ago 

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