Mkelgodson (OP)
Jr. Member
Offline
Activity: 32
Merit: 2
|
![](https://bitcointalk.org/Themes/custom1/images/post/exclamation.gif) |
October 03, 2022, 02:39:14 PM |
|
A man who needs an assistance about wealth, once and never again, will initially turn down an offer of wealth, and insist on learning how to make it (wealth).
I am curious about higher returns on trade. I have heard about leverage and actually checked on YouTube for better explanation. I want to know how it works! I believe better explanation will be from those who have actually used it in their trade. Please!
|
|
|
|
Oshosondy
Legendary
Offline
Activity: 1554
Merit: 1165
Gamble responsibly
|
You may learn how to trade but start to be losing. Use the amount of money you can afford to lose to trade.
If you want to leverage, it is tempting to use 2x up to 125x on exchanges, like OKX or Binance, or up to 200x on exchanges, like on Huobi global. Better not to leverage at first. Use 1x is better.
Spot trading is risky, not to talk of margin or future trading which are far riskier.
I started to leverage in trading with $2000 and I lost all in just less than 2 days. Do not make such mistake. Although, I have learnt and I am better now, but it would be better to avoid that by using the amount of money you can afford to lose.
If you want to leverage, you need to either go for margin trading or future trading (derivatives).
For margin You can borrow up to 3x - 10x if using margin trading on most exchanges. In market trading, spot market price is used.
Future trading Not using spot market price but derivative market price in a way you can leverage too, but without borrowing. This is my best option that I prefer. The derivative market price is almost similar to sport price with just little difference in prices.
If using margin trading, you can only buy just like spot market, and sell for stable coin or other coins. But the advantage of future trading is that you can go long (buy) or short (sell).
If you go long using BTCUSDT and the price of bitcoin is increasing, you are gaining If you go short and the price of bitcoin is reducing, you are also making profit If otherwise, you are losing.
The higher the leverage used, the closer the price of liquidation.
Try and use exchanges like Binance, OKX or Huobi global or anything trustworthy exchange for practice. One of the advantage of future trading is that you can start with low amount of money, but this could also depend on the exchange you are using. I remember when I was using Binance, I was able to use less than $1 (like $0.25) to either fo long or short, but I do not know if that is still possible.
Leveraging in trading is very risky, the higher the leverage the higher the risk.
|
|
|
|
jackg
Copper Member
Legendary
Offline
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2022, 03:04:14 PM |
|
I'd recommend getting used to paper trading and spot before going in with leverage. It's damaged a lot of portfolios - most of the time because people don't know how to manage risks.
Leverage essentially lends you money given your provided collateral and allows you to trade with more. If you put down $1000 and wanted 20x leverage, the exchange would lend you the other $19000 and you'd be able to trade with that. The catch is you'd then get all your funds wiped if the asset drops by about 5% (or a twentieth in price). You also have to pay a funding rate every 8 hours (with most exchanges) to cover the interest of the "loan".
There's no way an account can go negative but a good chance it can go to 1% if you're not doing diligence on risk management and don't incorporate it into a strategy (such as limiting trades to 1-5% of total funds in the futures account and then customising that based off success rate).
|
|
|
|
Wapfika
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2022, 03:08:03 PM |
|
I hope what risk you are entering by discovering leverage trading. It's true that you can earn quickly on this kind of high leverage trading but the risk involved is too high for a newbie like you to handle. This is already a gambling so I won’t recommend it at all for to try it unless you have enough experience already on trading.
To give you an idea. By the word itself leverage, You can borrow a money to exchange in equivalent to your leverage multiplier. So if you have 100$, You can borrow up to 10,000$ or equivalent to x100 leverage but this incorporate to a liquidation margin is very low if your leverage is high or vice versa. Simply you are borrowing money in exchange for a risk of liquidation of your position. I believe the youtube video explain it all to you.
|
|
|
|
crwth
Copper Member
Legendary
Offline
Activity: 2870
Merit: 1279
Try Gunbot for a month go to -> https://gunbot.ph
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2022, 03:12:44 PM |
|
So you are saying that many people with a lot of eagerness to learn about wealth would need the assistance with it to obtain wealth? It's like you're asking for a coach or something.
There are many ways to have higher returns, but it will most likely be harder to have more risk to have that kind of return. Don't you think so? Many people are into teaching people about trading, and then you need to be more patient and become accustomed to trading itself.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
blockman
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2022, 08:41:13 PM |
|
Start with the spot, I've seen those newbies that were very optimistic about it then have tried without going through the basics. The end result, all of them got burned, got liquidated so quick. It's okay to get on leverage as long as you're already aware of it and you've experienced how it works. But as a start, you should just be cool and stay with the spot first and learn how the market goes through it because it's a good start and you'll apply what you've done there when you already start to get into futures.
|
|
|
|
sheenshane
Legendary
Offline
Activity: 2464
Merit: 1231
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2022, 11:46:08 PM |
|
For beginners, I heard isn't recommended to trade leverage trading, if they do there should be a limit. Leveraging 1-2% of your total portfolio value might be advisable because they possibly lack knowledge in managing risk. This way you always have an option to cover your losses, remember always the amount that you can afford to lose.
Gaining profit in trading isn't that easy, even though in copy trading which you copied on expert traders like on the Etoro exchange platform but the chances of losing are still there.
|
|
|
|
adaseb
Legendary
Offline
Activity: 3850
Merit: 1727
Up to 300% + 200 FS deposit bonuses
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2022, 02:22:03 AM |
|
You will find that many of the people that are willing to teach you how to trade have no idea what they are doing. They are most likely doing it so you buy their product or signal service.
You can get an intro from some videos on YouTube but it’s up to you to make it all the way and be successful. You will find that it’s not as easy as it seems and it might not be for you. Most traders end up losing money and quitting.
|
|
|
|
libert19
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2022, 02:45:44 AM |
|
Better than asking people for advise, start with $50, and leverage trade. You will learn better that way.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
GreatArkansas
Legendary
Offline
Activity: 2422
Merit: 1370
|
Seems OP already got the meaning or how leveraged trading works. Now, I can share is the risk management on trading especially when you are using leverage.
My suggestion is always to use risk management, here comes the risk:reward ratio where you need to identify first your trade size, stop loss, and price target. You must stick with your plan and become consistent because expect that there will be no always 100% win trades.
Always analyze if your trade size is worth the profits if your price target will hit versus your stop loss.
Capital preservation, leverage trading is very risky, if you are not sure with your trade, it's better not to trade, capital preservation is a must.
|
█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
|
|
|
palle11
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2022, 01:09:20 PM |
|
Most traders end up losing money and quitting.
This is the hard fact but you need to hold to it. You can be lucky to stay longer or maybe succeed if you have passion for it. You can only learn by yourself, the things written or watched doesn't really add up. Trade with what you have learnt but with very little amount to play around with because chances are that you are going to lose before you understand why you are losing. Use little leverage size and don't be greedy.
|
|
|
|
YOSHIE
Legendary
Offline
Activity: 2212
Merit: 1779
|
The title of your topic reminds me of the ancient chinese proverb, I mean the saying is just a parable more precisely like this. "Giving a fishing rod is better than giving a fish".
I judge the behavior of the saying in my opinion applies only to certain places and conditions, meaning: in crypto trading you must really understand and study well, if you don't study well, your bait has no meaning in crypto trading, before you are given a fishing rod to get fish you need to study the conditions, circumstances and beliefs, whether there are fish or not. Crypto is high risk, of course you have to really understand how to use the fishing rod, for that there are several discussions in this forum that many people discuss about how to make a profit in crypto trading. Example: • What advice will you give to a beginner trader?• Cryptocurrency trading for beginners.• How to overcome my fear and how to start trading?Hope to be a good bait in the future.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Ararbermas
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2022, 02:25:57 PM |
|
leverage is a feature that can give you a good return in trading but at the same time can blow up your account immediately in just one mistake that's how i understand it and base on my experienced as well.. And how to use it? Well it's too hard to explain tbh but if I'm not mistaken there's are some site that can give you an answer how it really works especially to calculate losses and gains in every single trade with leverage..
|
|
|
|
TheUltraElite
Legendary
Offline
Activity: 2982
Merit: 1312
So anyway, I applied as a merit source :)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 04, 2022, 05:23:50 PM |
|
A man who needs an assistance about wealth, once and never again, will initially turn down an offer of wealth, and insist on learning how to make it (wealth). It is not that easy as it sounds. Otherwise we would not have any poverty in this world. I am curious about higher returns on trade. I have heard about leverage and actually checked on YouTube for better explanation. I want to know how it works! I believe better explanation will be from those who have actually used it in their trade. Please! Leverage and margin are for seasoned traders. The replies made above, have explained how these work, but the only person making a profit off these trades will be the exchange and the youtuber whose affiliate link you clicked to sign up on the site, not you. This is because any sort of trading other than spot trading is a type of gambling and here the luck becomes a more important factor than your skills. If you are serious about making money, first get a job, get some savings done and then allocate some fraction of your monthly income in to spot trading, starting with doing it on paper (dummy trading).
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
ethereumhunter
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2022, 11:06:01 AM |
|
I do not recommend trying leverage trading without learning about spot trading first because leverage trading is riskier than spot trading. You will lose by holding or selling the coin if you buy it at a high price. But on the other hand, you can see that the loss will turn into a profit if the price increases again. But if you decide to sell it, you will lose.
While in leverage trading, once the price reverses direction, you will get a loss that you will receive. And only losses you get without any chance to make a profit because the trade you made is finished.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
MainIbem
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2022, 12:32:26 PM |
|
Talking of trading, why not talk of investment as is more safer than trading, when you buy some volume of bitcoin or any other altcoin trust me or not in the next bull run you will do much appreciate it than trading.
|
|
|
|
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ████████▄▄████▄▄░▄ █████▄████▀▀▀▀█░███▄ ███▄███▀████████▀████▄ █░▄███████████████████▄ █░█████████████████████ █░█████████████████████ █░█████████████████████ █░▀███████████████▄▄▀▀ ███▀███▄████████▄███▀ █████▀████▄▄▄▄████▀ ████████▀▀████▀▀ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀BitList▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀List #kycfree Websites▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ |
|
|
|
el kaka22
Legendary
Online
Activity: 3626
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2022, 04:08:23 PM |
|
I never really truly understood it. The idea of "do not give me fish, teach me how to fish" applies to only a situation where it would be good for a day. Meaning, I rather learn how to make money than earn 20 dollars for one day and that’s it, of course making money methods are better on long term than 20 dollars once.
But, if you give me wealth, like literally wealth, over 100k+ for my nation would be fine, then I would prefer that, do not teach me how to make a million dollars, give me a million dollars instead, I will handle the rest for sure. That is something people need to realize, teach me how to fish only applies to small amounts when you compare it, not huge amounts that can alter your life.
|
|
|
|
gabbie2010
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2022, 04:49:04 PM |
|
leverage is a feature that can give you a good return in trading but at the same time can blow up your account immediately in just one mistake that's how i understand it and base on my experienced as well.. And how to use it? Well it's too hard to explain tbh but if I'm not mistaken there's are some site that can give you an answer how it really works especially to calculate losses and gains in every single trade with leverage..
It's obvious the OP had the mindset of trading to earn quick profits that was why the OP opted for leverage trading, yes the good side of leverage trading offers huge returns however, the bad side is rekting of funds in a jiffy, personally I had some sad experience with leverage trading having borrowed some USDT in my Binance trading platform in a bid to earn huge profits with just a little draw down of the price thus triggered a margin call thereafter liquidation, newbies are encouraged not to embark on leverage trading except such a newbie has vast experience and skills in trading which usually this comes with experience and plenty hours of charting analysis.
|
|
|
|
milewilda
Legendary
Offline
Activity: 3220
Merit: 1146
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2022, 09:07:43 PM |
|
A man who needs an assistance about wealth, once and never again, will initially turn down an offer of wealth, and insist on learning how to make it (wealth).
I am curious about higher returns on trade. I have heard about leverage and actually checked on YouTube for better explanation. I want to know how it works! I believe better explanation will be from those who have actually used it in their trade. Please!
Leverage trading. https://www.youtube.com/watch?v=BPnYtLiosBUFutures https://www.youtube.com/watch?v=Gh1n4acIagUVideo is much more better on at least on how its been done. Tuts above and answers are accurate but its not bad to look at on these things. Just need to bare up into your mind that having these kind of trades is very risk and this isnt something that recommendable for noobs.
|
|
|
|
NicNacCoin
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1358
Merit: 451
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 05, 2022, 10:34:11 PM |
|
You have mentioned the future trading platform here. All options must be considered while trading futures.The first thing to look at is leverage. First of all you need to notice how much your leverage is given and if it is given more then reduce it and if it is given less then increase it.But you can increase and decrease your amount depending on the labors.I see the first option as leverage.You can leverage from 1x-125x it is totally up to you.
|
|
|
|
|