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Author Topic: Futures trading help  (Read 179 times)
Oshosondy
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October 03, 2021, 10:42:16 AM
 #21

It is a hook to attract gamblers. I don't call most of people who do Future tradings are traders. Most of them are gamblers and the loses they get from Future tradings are huge.
I agree, many people are complaining of losses on spot trading, I do not know how huge will be the liquidation and loss for future contracts, it will be so much, some people can even go 125x to buy and sell bitcoin on future contract trading platforms, the loss will be in few seconds or minutes for isolated trade.

Reduce trading fee a little bit is not a matter of exchange because they can earn more from market liquidations.
Yes, also that exchanges can earn more from increasing leverage, the higher the leverage the higher the fee. For someone that go for 5x leverage, he will pay more in fee for future contract with the same value of coin traded with spot trading aside COIN-M maker fee while it higher for COIN-M maker fee for 8x leverage and above.

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fullhdpixel
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October 04, 2021, 03:02:25 PM
 #22

I like to hold coins for long term but right now im interested in futures trading and there is a thing i don't understand and cannot find answer on internet (lol).

Lets say i bought long BTC/USD at $47,000 and if bitcoin goes down like at $42,000 will my open order will be canceled automatically without my permission and lose my money. I know stop limit loss but im not interested at this right now because im always behind my computer. Also... Can you hold open orders like for a year and if it goes up i take alot of profits.. My concern is only if im at loss i don't like to sell and lose but im concerned if my open order will be canceled automatically if not set up limit loss and take loss, i always wait for the price to go up at the same price i bought. English is not my first language if my question is not clear please let me know i'll try to explain below in comments. Thank you.
If you need help in futures trading, then you should not be futures trading, simple as that. The simplest fact is that if you do high leverage and the price goes against what direction you wagered on (and yes you wager this, not invest, it is total gambling) then you will be liquidated, which means all of your order will be gone and you will lose all of that money.

So, let's say you put up 1000 dollars into bitcoin going to 55k until next week, and it goes down to 40k instead, all of that 1000 will be gone and you will not be able to wait until it goes back up, if that was an option then there would be a lot more people who do that and not enough people to lose so that others would profit. Long story short, if you are not sure about trading futures, and you have questions then you need to do a whole lot more regular trading and studying before you move to futures.

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zulfi125
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October 04, 2021, 03:29:58 PM
 #23

First of all, I suggest don't invest in futures trading because most investors lose their all money when you will open an order at the price of $47000 and buy BTC then if the price will go down and you will select above 5% margin and will not set the stop loss then your position will automatically liquidate and your all funds will be lost, you can do open order long time but if you have more funds and you select minimum margin but you will pay interest per day on your position.

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October 06, 2021, 07:15:35 AM
 #24

If you need help in futures trading, then you should not be futures trading, simple as that. The simplest fact is that if you do high leverage and the price goes against what direction you wagered on (and yes you wager this, not invest, it is total gambling) then you will be liquidated, which means all of your order will be gone and you will lose all of that money.
High leverage is highly risky, but your comment is opposed to 1x leverage which means no leverage, you will be able to go short or long but with your own funds. But leveraging is what is risky. But the reason many people are trading on future trading is because they want to leverage which is highly risky.

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Wind_FURY
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October 06, 2021, 01:05:50 PM
 #25

If you need help in futures trading, then you should not be futures trading, simple as that. The simplest fact is that if you do high leverage and the price goes against what direction you wagered on (and yes you wager this, not invest, it is total gambling) then you will be liquidated, which means all of your order will be gone and you will lose all of that money.

High leverage is highly risky, but your comment is opposed to 1x leverage which means no leverage, you will be able to go short or long but with your own funds. But leveraging is what is risky. But the reason many people are trading on future trading is because they want to leverage which is highly risky.


If you don’t want to use leverage, then why trade using futures at all? Trade, withdraw, and hold the Bitcoins in your wallet. Less risk.

OP, trade perpetual futures, you can stay in the trade for years as long as you do not get liquidated. My advice, use leverage wisely.

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geegaw
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October 06, 2021, 01:55:32 PM
 #26

First of all, I suggest don't invest in futures trading because most investors lose their all money when you will open an order at the price of $47000 and buy BTC then if the price will go down and you will select above 5% margin and will not set the stop loss then your position will automatically liquidate and your all funds will be lost, you can do open order long time but if you have more funds and you select minimum margin but you will pay interest per day on your position.
Agree, whether choosing a high or low margin, mostly stop loss is a rare occurrence while burning and liquidation of the entire account is the more received message because at high margin, liquidation is very fast and most participants do very little calculation of their position, almost consider the amount as a tuition for fun and entertainment. For low margin, subjectivity is a bad side but also a good side, good here includes in position and psychology, few people think that position can be burned but the accident does not spare anyone, such a low is also stuck with an extremely long pillar on the candlestick chart, betray our prediction

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Wind_FURY
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October 07, 2021, 07:20:00 AM
 #27

First of all, I suggest don't invest in futures trading because most investors lose their all money when you will open an order at the price of $47000 and buy BTC then if the price will go down and you will select above 5% margin and will not set the stop loss then your position will automatically liquidate and your all funds will be lost, you can do open order long time but if you have more funds and you select minimum margin but you will pay interest per day on your position.

Agree, whether choosing a high or low margin, mostly stop loss is a rare occurrence while burning and liquidation of the entire account is the more received message because at high margin, liquidation is very fast and most participants do very little calculation of their position, almost consider the amount as a tuition for fun and entertainment. For low margin, subjectivity is a bad side but also a good side, good here includes in position and psychology, few people think that position can be burned but the accident does not spare anyone, such a low is also stuck with an extremely long pillar on the candlestick chart, betray our prediction


If the person who is “trading” actually knows that he’s actually gambling, and has a higher probabilty of getting stop-hunted/liquidated by the whales, then I believe it’s OK. Who are we but mere plebs to tell him/her how to use his money. But I will always encourage everyone to HODL.

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