Smugly Smoke
Sep 6, 2018 · 1 min read

You saved me during today’s (Sept 5) crash. I was long the perp in the morning (not in line with Ugly’s strategy), Trading View’s loudest trading bells ringing, I run out of bed half asleep and try and get out of the position early but bitmex is logjammed, the stop I apathetically made the night before (only because of this article) hits and saves 50% of losses and I don’t get liquidated. I’m stuck, I’m down the most I’ve ever been down on a single trade. Before I leave for work, there’s a brief pause as the hourly candle closes, I flip my position to a 10x leveraged short the perp based on a few of Tone’s “random numbers” lining up on different time periods and have been riding this donkey down ever since, slightly trimming my position it falls as you suggested. I’ve made up for the morning’s losses in realized gains plus some. It’s all thanks to you and Tone.

You need to be thanked for helping me keep a level head, you always say that nobody knows where the market is going, that repeated statement of yours is what provided the confidence to flip my position with such ease. I love Bitcoin (a lot), one day I will repay you. Thank you for helping. Have fun on the cruise.

    Smugly Smoke

    Written by