Is margin trading good for beginners ?

[tvplus006]

margin trading is meant for professional traders not beginners, please avoid it for now if you were planning on trying it out.

In fact, not only margin trading is intended for professional traders, but also spot trading as well. There is a false opinion that you can become a trader and get a big profit without learning the craft of trading. Without the necessary knowledge, it is very easy to lose your money, but the risk of losing it will increase tenfold if a beginner tries margin trading.

[feelideb]

Margin trading require skill to execute profitably! I noticed that top tier centralized cryptocurrency exchange were pushing agressively for their users to margin trade on their platform. I think this is like trap for users regardless of your experience, margin trade risk is very high and you are likely going to be liquidated in a very volatile  market like crypto. Beside, who ensure fair play between traders, exchanges?

[cheezcarls]

Hello Everyone.

I want to know your opinion on margin trading is it good for beginners or not? is there any high chance of losing the money?

In my own opinion, this is much riskier than the traditional manual spot trading. If you want to be profitable in margin trading, you need to be skilled enough to execute that trade. However, that won’t be easy.

However, if you still want to try margin trading, only invest and trade an amount that you can afford losing. It’s better for you to learn more about margin trading first in various free sources and different strategies as well.

[kkaroul4]

You can try but of course it would be really risky, there are many ways to learn like books, articles, now with internet and youtube we can learn a lot without limitation. One thing of course is through experience I believe that you will only fully understand one thing if you experience it so if you try margin trading you will know the rights and wrongs and especially you will know and understand the risk in margin trading.

[sulendra12]

Hello Everyone.
I want to know your opinion on margin trading is it good for beginners or not? is there any high chance of losing the money?

Maybe I'm bias because of my religion doesn't allow you to make margin trading for your trading needs and I'm pretty much agree with that. It's too much risk to endure if you lose the money you get from margin trading and I would not advise you to use that if you are beginners or even you are not sure on what you do.

[Rengga Jati]

In my personal opinion, if I am a beginner, I will not use margins trading at first to start my trading journey.
I will prefer to learn about trading at first in spot trading.
This is safer (although it will also require the risks, I think that the risks are not as high margin and other trading types).
Margin will also you get the leverages, it may double your money but also will also decrease your money very soon if you take the wrong decision of short or long in certain rate and also coins.

However, if you really want to try margin trading, I will suggest you use small margin and small leverage at first in order to secure your funds. Although it will not give big profits, at least, you can learn by doing at first how margin trading is working on and you can have a better and better experience by it.

[livingfree]

You can try but of course it would be really risky, there are many ways to learn like books, articles, now with internet and youtube we can learn a lot without limitation. One thing of course is through experience I believe that you will only fully understand one thing if you experience it so if you try margin trading you will know the rights and wrongs and especially you will know and understand the risk in margin trading.

Those materials will just give you the idea how it goes and will give you background that you need to start. But the real thing is to experience it and better not to follow it up when you think that it's not for you.

Many have tried but didn't find success with it because it's too high risky for them. We don't have the same patience for that so if at first try it didn't worked, stopped.

[Cherylstar86]

In my personal opinion, if I am a beginner, I will not use margins trading at first to start my trading journey.
I will prefer to learn about trading at first in spot trading.
This is safer (although it will also require the risks, I think that the risks are not as high margin and other trading types).
Margin will also you get the leverages, it may double your money but also will also decrease your money very soon if you take the wrong decision of short or long in certain rate and also coins.

However, if you really want to try margin trading, I will suggest you use small margin and small leverage at first in order to secure your funds. Although it will not give big profits, at least, you can learn by doing at first how margin trading is working on and you can have a better and better experience by it.

Yes, Indeed. It is not good for begginers since it is very risky. But, if you will love to take risk and want to try margin trading, then it's your choice. If I were a begginer, I will choose to learn it step by step than doing risky things. Margin trading has lot of opportunities maybe but it was just good for pro users. Margin trading could bring more substantial profits, diversifying your positions, access to more funds, and allows you to learn trading strategies. If you try margin trading, I suggest that start in a small margin in order to secure your funds. Just use your prepared money. Although it will not give you big profit but at least you will learn from it through those experiences.

[killerman2]

In trading everything or even i can say mostly depends upon the trader himself that what kind of trader he is and what sort of trading he is going to do. But most importantly the main thing is that the person should be aware of the trading strategies. So, i thing margin trading is good at all. You should make a try with small amount.

[tvplus006]

...However, if you really want to try margin trading, I will suggest you use small margin and small leverage at first in order to secure your funds. Although it will not give big profits, at least, you can learn by doing at first how margin trading is working on and you can have a better and better experience by it.

A beginner, as a rule, wants to earn a lot and quickly. For this reason, he wants to try his luck using margin trading with a large leverage. And very often, despite warnings about risks, he still uses the margin, in the hope that he will be lucky and as a result loses his money. And after the money is lost, he starts learning the basics of trading or leaves the market.

[Helpme_please]

However, if you really want to try margin trading, I will suggest you use small margin and small leverage at first in order to secure your funds. Although it will not give big profits, at least, you can learn by doing at first how margin trading is working on and you can have a better and better experience by it.

i think we should not try or speculate our money into part in which we didnt understand or atleast have skills on it. before we start trading in future , we should ask to our self did we have good trading result in our spot market. this is have same ways to analize market with future trade, and if our trades mostly loss better to postponed it and learn again till have better result in spot trading. better to miss opportunity rather than loss our money in market. when it gone it will never back to us.

[iged_war]

However, if you really want to try margin trading, I will suggest you use small margin and small leverage at first in order to secure your funds. Although it will not give big profits, at least, you can learn by doing at first how margin trading is working on and you can have a better and better experience by it.

i think we should not try or speculate our money into part in which we didnt understand or atleast have skills on it. before we start trading in future , we should ask to our self did we have good trading result in our spot market. this is have same ways to analize market with future trade, and if our trades mostly loss better to postponed it and learn again till have better result in spot trading. better to miss opportunity rather than loss our money in market. when it gone it will never back to us.

i do agree we must have good trading history in our spot market trading, it will represent how we will trade in margin or future trades. not all traders have good history in spot market but they desperate to start their future trades due its profits opportunity that could rise more than 1x in each trade. as good investors we should not trapped in this condition , our money safety must be priority.

[spyderbilt]

Hello Everyone.

I want to know your opinion on margin trading is it good for beginners or not? is there any high chance of losing the money?

for beginners should not peg using big money.  make sure to spend a small budget to minimize the risk of loss.  my system is a small profit as long as it continues rather than a big profit but it doesn't last long

[iv4n]

Hello Everyone.

I want to know your opinion on margin trading is it good for beginners or not? is there any high chance of losing the money?

for beginners should not peg using big money.  make sure to spend a small budget to minimize the risk of loss.  my system is a small profit as long as it continues rather than a big profit but it doesn't last long

Margin trading is not even for experienced traders, it's gambling, pure gambling, with high steaks I must add! Before deciding to try margin trading try to inform as much as you can about it, and try not to risk everything you have... it can become a problem if you risk more than you can handle, and margin is high-risk trading!
For all of us, not just beginners, who are not professionals, it's good to focus on small profit, mid and long-term trades that can surprise you with the rise! If you invest in technology that is worth it will happen sooner or later!

[ScamViruS]

Hello Everyone.
I want to know your opinion on margin trading is it good for beginners or not? is there any high chance of losing the money?

Margin trading is very dangerous if you know little about trading. And going into margin trading as a beginner is by no means the right thing to do. Newcomers have a tendency to make quick profits, and because of this greed they quickly lose their funds and exit the market. When it comes to margin trading, you need to have a lot of knowledge about the market, because the slightest movement of the market while trading margin can put you in trouble.

So leave this margin trading for experts, if you have a lack of knowledge about the market.

[jaberwock]

i do agree we must have good trading history in our spot market trading, it will represent how we will trade in margin or future trades. not all traders have good history in spot market but they desperate to start their future trades due its profits opportunity that could rise more than 1x in each trade. as good investors we should not trapped in this condition , our money safety must be priority.

I guess I get that it is not easy to trade on margin trading, and I would suggest spot trading for anyone who is starting out, but the question is not "should a beginner prefer spot or margin trading?", if that was the question then I would say that spot trading is a lot better and everyone should focus on that. However the question is if margin trading good for a beginner or not.

I have to say depends on the beginner, if it is a great trader who can understand these type of things, they could always be great at it as well, if he is good at spot trading when starting out, that means he could be good at margin when starting out as well. I have to say that it is obvious for anyone who can learn very well and study very well that starting with either could be very profitable. However if you are bad, then you will be bad in both of them.

[gustavroy]

Beginners never dive to margin trading this is my advice at all. I am in this market almost 5 years lost and make lots of money but margin is hurst worsth. Even worsth than scam ICO's you have to improve yourself before it except things can go to even till suicide.

[trannguyenbtc]

Try to take a safe position and learn little by little.Trading on margin is an excellent way for experienced traders to boost their purchasing power and explore trade opportunities that they otherwise couldn’t using on-hand cash alone. However, margin trading comes with significant risks, especially if used incorrectly or to double-down on individual trades, and can make managing your trading accounts more complex. Be careful to fully understand how margin works and spread your risk across a diverse portfolio before jumping headfirst into trading on margin.

[Kelvinid]

Try to take a safe position and learn little by little.Trading on margin is an excellent way for experienced traders to boost their purchasing power and explore trade opportunities that they otherwise couldn’t using on-hand cash alone. However, margin trading comes with significant risks, especially if used incorrectly or to double-down on individual trades, and can make managing your trading accounts more complex. Be careful to fully understand how margin works and spread your risk across a diverse portfolio before jumping headfirst into trading on margin.

It is a need to be aware of how risk this margin trading is compared to spot trading where mostly newbies and even old-timers are still there. There is no wrong about trying, who knows exactly. But can't deny and assume that losses are what we have to get, not profit. Even in spot trading, even experts traders could still be at a loss how much more if know nothing or if we just only know the basics.

That you right,
OP, it was good not to think of getting into a huge profit, better to work on building the fundamentals of your trading journey as this was the ticket for your success.

[LUCKMCFLY]

I think the delicate thing is when the leverage is a lot, in Binance it has x100 which I think is crazy, however many enter with that leverage in margin trading, newbies when they are starting tend to see everything very lightly, and They do not care much, but it is a valid option if they can enter with x5 or x10, since many can predict that the market will go down, however to enter margin trading it is very necessary that they start trading with play money and thus know well the platform and implement their plans or strategies.

Many do not like to enter with play money, and in fact they do not, but it is my highest recommendation to lose play money to lose real money.Most platforms have margin trading, but what I consider to have the most is that in a single operation they can have the option of "Stop Loss" and "Take Profit" so that you can secure your transactions, because if you do not have this control you are likely to lose everything. In my personal case, it helped me a lot when I started with Bitmex, since there are many tools that must be learned to use and it is essential to know them well for operations.