Bitcoin Forum

Okay so I have decided to make some small risks by putting an amount that I can afford to lose in futures trading. Right now, I am choosing the ETH/USDT pairing and I declared it short 5x with 30% stop loss. Still learning the ropes of futures trading since I am not totally contented with just copy trading only. I did gained with copy trading, but I would like to learn how to self-gain it myself with my own decisions in futures trading.

I am not gonna close my trade yet until I’m finally into profit or it reaches the SL amount, coz’ right now it’s still at a loss. I would definitely try futures trading everyday than just spot trading, at least this could add up to my learning especially some TAs, etc.

I want you to know that trading is risky, maybe you were trading spot before, if you trade future now, the more you leverage the more you are likely to gain more or lose more. Use the money you can afford to lose for it.

If copy trading works for you, you will need to put it as part of your trading strategies, but you will still need to always be careful. I believe in the process of copying trading, you would have known much about trading, you would have experience about it. Only what you just need is to just continue to learn and gain more about experience about trading.

We know that futures trading is riskier than spot trading but this is the easiest way to earn profit immediately if you got a good entry for sure a good ROE will you get. Also wanted to ask what technical indicators you used, and do you use cross me isolated? I'm just starting in trading futures and I want to know the different perspectives of other members about trading futures.

I think self-trading than copy trading is the best way don't let others handle your money also good risk management is the best.

This is the man (me) who is afraid to do future trading even with the affordable amount of money :). And I did not try it atleast to check how it works LOL
So, here I can only help you about by suggesting something.

1. Keep in mind that it is risky like gamble (few days ago a lot of fund liquidated)
2. Keep strong psychologically
3. Always use proper exchange to make this trade

Its good to know that you started futures trading for learning purpose not interested to become quick rich so you can learn and gain as far as you gather knowledge from your mistakes and experience. Future trading with cryptocurrency is high riskier than doing it with commodity so never go for huge margin, just aim to make small profits with your contacts.

if you want to trade altcoins then it is better for spot trading. save your Ethereum to hold it longer.

therefore spot trading is only for taking part of altoin apart from bitcoin and Ethereum. the rest may not be missed. because Bitcoin and Ethereum are better off using the long term. well we all know that both volatility has a high level from time to time.

A bit of advice for trying purpose set up your limited fund trading there a few things you should know:
- Cross trade: You are trading by all of your assets to assets you are fund so all of your funds from the various portfolios will be used for doing this trade.
- Isolated trade: You allocated some amount to do the trade, so you only can get a liquidated for the fund you are allocated for that trade.

I suggest you for learning purpose use "Isolated trade" instance of "Cross".

Futures trading is a huge risk regardless if you set your stop-loss or not. There can be instances that with huge dump, your stop-loss wouldn't trigger, ending up consuming all of your margin. Also, bear in mind that waiting for a certain profit cannot always work, some can only go near those, yet as with the volatility and the huge players and whales plays with ETH/USDT pair, still a 40% chance bears might win. Lastly, I would suggest you try other coins than that for you to learn various markets and movements and not just predict a single coin.

Just do the things that you do have in mind.No one could really stop you on doing that and if you do seem that futures trading is much better than spot or options then its your choice.
Its your money and its none others business to mind off on what are the things that you must do.Thing here is that futures is really a risky one but if you do know on making
analysis rather than making on blind trades then it would be a worthy thing to consider. More risky but really very rewarding if you do got it right.
Good luck brother into your future trading career or path. Just be patience and dont let your emotion do control you out.

I give you the support here. Trying new isn't a bad idea but this an opportunity to learn something and to say if this future trading is ideal for all traders or for the experts only. And since you are prepared for the possible losses, that won't worry you so much.

I would suggest you use other altcoins instead of ETH as the price is already high. May a choice of growing project will be good, there's a lot of them.

But anyway, this is just like a game, we sometimes win and sometimes lose. Whatever it happens later is also a big help for us to know our limitation.
Well, good luck and hope you will enjoy it.

Seems your stop-loss got hit OP?  :D

Speaking of Futures trading, it is extremely risky, to be honest, I got still a lot of losses from futures trading.
There are a lot of people that trading futures are fools, liquidated everywhere because of high leverage.

That's why if you are trading futures, risk management is really a MUST.

It looks like the OP has really prepared for all the risks faced, such as using only money that can afford to lose, using stop losses, where often many traders only see futures trades as activities that can generate a lot of money but forget that they can also lose all their capital if it doesn't have a strategy.
Good luck OP in futures trades, just curious about how long you will do this and the funds you are prepared to take lessons from this futures trading?

Looks like it for sure,,, lol.

Futures, options, trading,,, any kind of trading to me is risky, and when you add leverage into the mix it becomes a cocktail of danger no one can survive for a long time.

Fun if you are rich and have money to lose but gambling is at least more "expected results".

Technical analyst is an important strategy that must be have by trader future market. There are so many sources that can be used as your place to learn, but if you want to have consistent learning you must buy some technical analyst books and these books are so help full for new trader.

The first time I trade in the market future I spend a lot of money and it is just need several times for my fund run out. Especially I always use high leverage like 10-20x that is why my fund always run out in a very short period of time. After that I just thought, I should learn about technical analyst and I bought some books and it really work to me.

That's not a thing for me but if you've managed to gain profits and hits your position, you should take profit immediately before you get liquidated.

This is why I'm staying in spot trading, I can manage the risk easier than leveraging or doing futures trading. Not really my kind of appetite and it's hard but yeah, it's very risky but if you understand it and gained enough experience, it's very rewarding.

But I'll stick to low rewards with lesser risk in spot.

For what I did so far I always do trade through spot trading, and with this up the present I never see any problems where I most often saw how I got earned from this methods. Though lose of my assets is very seldom to be happen. But I don't understand what future trading are you talking about? is this the thing you hold in the long term dude?