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Author Topic: Futures trading  (Read 473 times)
Ridwan Fauzi
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June 23, 2020, 01:56:17 AM
 #21

As many people above me said I'll choose binance as the best platform for future trading. Don't know I just like it instead of another trading platform. Maybe it is just because the volume where a lot of trader who trading there and make the price movement move quickly. Also, you not only can trade bitcoin but there are several altcoins like ETH, ADA as well. Ans the best part that I like so far is I can deposit and withdraw with money fiat directly.
Dhoe
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June 23, 2020, 04:10:47 AM
 #22

many futures traders closed their Twitter accounts because they lost, and also seemed to be depressed,
I've also experienced it, lucky if you are always lucky in futures trading
As said above, futures trading requires good technical analysis, if you have not mastered technical analysis then you will often be lost. For those who do not master technical analysis I think futures trading like gambling, they only guess what happens to the next price.
Aaroenz0r
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June 23, 2020, 04:53:28 AM
 #23

many futures traders closed their Twitter accounts because they lost, and also seemed to be depressed,
I've also experienced it, lucky if you are always lucky in futures trading
As said above, futures trading requires good technical analysis, if you have not mastered technical analysis then you will often be lost. For those who do not master technical analysis I think futures trading like gambling, they only guess what happens to the next price.
True! Even traditional trading requires you to have combined knowledge and skills about the market. By having those things, you'll have the ability to analyze what gonna happen in the market! On the other hand, futures trading requires you to be specialized in chart analysis! Chart analysis is extremely critical to predict!

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June 23, 2020, 05:49:51 AM
 #24

I've been inactive for a while, I want to continue trading but now I don't want to stick with conventional trading, the regular one. I want to be more risky this time that is why I am aiming for futures trading.

I've watch some youtube tutorials about it, I already understand how it works but I can't choose which platform I would choose.

on my list is Binance, Bitmex and Okex. Any thoughts?

You can choose Binance. Binance has two types of Futures trading Perpetual futures trading and the other Quarterly futures trading. If you have doubted you should try a small amount to be sure how are those exactly work.
Suggestion: don't use "borrowing features" in Perpetual account for futures trading.

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June 25, 2020, 07:25:36 PM
 #25

Every business has a profit loss where profit is loss. In the same way, in the case of trading, there is a profit and loss. When you go up the stairs, you can't read about the fact that you can go up at once and if you go dawn ,you can't go up again. i have read some books after listening to some some of these wise man and watching some videos of future trading. After seeing and hearing and understand these, it seems to me the future trading is the best for me. I am also thinking that i have no better plan for the future. I will bye some coins for the future.

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TheUltraElite
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June 30, 2020, 11:42:42 AM
 #26

As said above, futures trading requires good technical analysis, if you have not mastered technical analysis then you will often be lost. For those who do not master technical analysis I think futures trading like gambling, they only guess what happens to the next price.
Even for them futures trading is not an easy thing. In futures you are betting on the future price of an asset. Whether that matches up and if you are in luck is what determines the outcome and profit.

You can be an expert in doing technical but even they day that TA is going to be a 50-50 thing in Spot and derivatives market. But at least in spot trading you have an asset to sell even if at loss or hold it for a price rise. In futures you losing the bet means loss of money.

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June 30, 2020, 01:20:29 PM
 #27

I've been inactive for a while, I want to continue trading but now I don't want to stick with conventional trading, the regular one. I want to be more risky this time that is why I am aiming for futures trading.

I've watch some youtube tutorials about it, I already understand how it works but I can't choose which platform I would choose.

on my list is Binance, Bitmex and Okex. Any thoughts?


I think you'll choose binance in futures trading Binance may be a very reliable place to trade it's far better to observe YouTube tutorials but before that you simply can analyze different places of this forum. Bitcoin may be an excellent currency for trading or investing Bitcoin will offer you more profit in futures trading.
I also suggest Binance since they do have an established platform and their volume is good. I am a Binance futures trader and my experience was quite nice that's why I didn't switch to any futures trading platform since I got to try Binance futures. There are also many Futures trading tutorial and explanation on the internet and youtube, You will surely get the concept right away cause it's easy. Also, Binance has a discount on trading fees using their BNB token.
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June 30, 2020, 02:51:09 PM
 #28

I also suggest Binance since they do have an established platform and their volume is good. I am a Binance futures trader and my experience was quite nice that's why I didn't switch to any futures trading platform since I got to try Binance futures.
The most crypto trader's choice is the Binance exchange platform because they all wanted to gain profit in an exchange that has a high volume and liquidity. There are too many factors to consider before choosing the right crypto exchange out there but when it comes to navigating in the right exchange is quite hard especially when we talk about reputation.

In choosing an exchange platform, these are the most factors that should have.
  • Liquidity
  • Availability of coins pairs
  • Security
  • Trading fees
  • Reputation
  • Easy to use
  • Costumer support quality
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June 30, 2020, 03:16:39 PM
 #29

bitmex is highly manipulated, last time bitcoin hits $9200 on all exchanges, on bitmex it went straight to $8900, that's $300 difference, liquidation and hunting of stop loss at its peak, I use binance and I'm cool with it

I agree that Bitmex is a shady exchange

But all cryptocurrency exchanges are somewhat shady, even the regulated ones. So you can take advantage of the continual price manipulation going on there. Basically, it is possible due to insane leverage up to x100 on that exchange (as far as I know) as it is primarily aimed at squeezes, both long and short. Just don't be leveraged to the degree you can't withstand these squeezes, and still better get ready to ride them when they come

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June 30, 2020, 05:57:00 PM
 #30

Binance futures has a potential to be amazing, they are binance after all and they are the best at what they do usually, which means if you give binance some time and some attention they will become the biggest out there eventually and the company itself is very trusted and very liked as well which is why you can't go wrong with picking binance for sure.

However bitmex is certainly the biggest right now that has the best competition against you and will be able to find everything you are looking for, they have perfected the futures market in the bitcoin world and even though I hate them because of it I can't deny that they are doing an mazing job with it. At the end of the day it is a personal preference thing and I would suggest you to go try all of them with small amounts and see which one you like more.

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July 10, 2020, 05:20:08 AM
 #31

Bitmex and okex are good exchanges. But, Binance is better thsn the other exchange. Because, it is top position and great volume for trading. I use Binance exchange which is absolutely good and secure for me.           

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July 10, 2020, 06:18:27 AM
 #32

Actually I do not recommend you to do futures trading, I have tried and ended up hurting. I lost the whole my capital when trying
futures trading, because futures trading is like playing gambling in my opinion. But since you are ready with all the risks, please try it.
Binance exchanges are the best place to trade futures, using 125x leverage for maximum results.

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July 11, 2020, 12:03:41 PM
 #33

I've been inactive for a while, I want to continue trading but now I don't want to stick with conventional trading, the regular one. I want to be more risky this time that is why I am aiming for futures trading.

I've watch some youtube tutorials about it, I already understand how it works but I can't choose which platform I would choose.

on my list is Binance, Bitmex and Okex. Any thoughts?


You can skip anything, just use Bitmex. May Arthur be with you.

high liq is everything you need
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July 12, 2020, 05:04:17 AM
 #34

I have tried and ended up hurting. I lost the whole my capital when trying
futures trading, because futures trading is like playing gambling in my opinion. But since you are ready with all the risks, please try it.
I am really sorry for your losses; honestly I was in plan to get into futures trading by risking as little as 0.01BTC but when you people are not at all recommending to go with I am dropping my plans. Because, earning 0.01BTC is not simple for me and only when I am hopeful to get at least some 20% profits for my risk then I will go for it. I am somehow profitable with spot altcoin trading; I guess must need to be sticking around that alone.

Binance exchanges are the best place to trade futures, using 125x leverage for maximum results.

When more the leverage, more the risk means what is the point of having 125 time leverage from binance' futures trading. I remember some forex platforms are providing  up to 1000x leverage hence we can expect same high leverage on crypto markets as well. But, if we find some strategy to trade profitable in futures then we can make use such high leverages.

Binance is better thsn the other exchange. Because, it is top position and great volume for trading.        

If volume is the selection criteria then bitmex must be the choice as they are the first one to introduce derivative trading in this crypto space (please correct me if I am wrong) and more than 70% of crypto futures trading are still happening there.
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