Replying to Avatar Fiat Shenanigans 🤡🌎

I would have grabbed it closer to 60k earlier today but I'm not allowed to hold a position through market close, so I longed that shit from 64k as soon as globex opened this afternoon. I was pretty confident at that point that the dump was over and done with and it would rally tonight.
Avatar
TKay 1y ago

What do you mean you are not allowed?

Reply to this note

Please Login to reply.

Discussion

Avatar
Fiat Shenanigans 🤡🌎 1y ago

I'm trading with a prop firm. They have rules, one of which is you can't hold a position through settlement. CME requires a lot more margin to hold futures contracts through settlement.

The upside is I'm not risking losing my own money. I've earned and lost funding with these guys 5 times in the last 3 years. I always traded S&P futures before. This is my first time messing with Bitcoin futures but it's actually a lot easier to trade.