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Author Topic: Binance futures Are you full time trader ?  (Read 377 times)
borovichok
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December 02, 2022, 12:06:14 PM
 #21

Yes Im full time trader
I use binance and futures.

I cant thank the binance enough to provide this opportunity to us.

Right now i can say that im full time trader.
Binance is on of the best exchange I've use for trading and it's highly recommendable. Some of us are still ignorant of the fact that trading is not everyone, only the discipline and consistent ones. Been a full time trader is one of the most point out target by people craving to be expert in trading. Although it's not easy to open a trading position by mere guessing, the market can't be predicted in most cases but can be analyzed and how where the trade is going, but they're not always 100% accurate.

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December 03, 2022, 01:25:45 AM
 #22

Yes Im full time trader
I use binance and futures.

I cant thank the binance enough to provide this opportunity to us.

Right now i can say that im full time trader.

I thought this was a poem, not until I have to read and re-read because really understanding what you said and getting your point.
Maybe I think you deserve an accolade for being a binance full time future trader and on behalf of the entire Bitcoin talk forum I'm congratulating you, because if that's what you're really expecting, then I jus want to let you know that no one give a shit about who you are and what you do, not in this very forum.
I also saw someone trying to advice you to not trust an centralized exchange, maybe you might be aware of this and rather than seeing it from the wrong perspective, why not see it as a reminder to not leave your money in centralized exchanges.

R


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December 03, 2022, 09:27:59 AM
 #23

Congrats and good for you. I'm sure you bet to know how many are always losing in futures and that's because they still lack experience and knowledge.
I guess, if you're a full-time futures trader then you're so good at it and you're making a living from it. Like you're going to make more than $100 a day or every trade you make.
I believe that even though OP is good at trading, there are times that you still lose, it's not Christmas day everyday in trading. There are a lot of traders who are losing millions even those companies or trading firms, still, lose and some of them went bankrupt.
So for me, we must not feel comfortable always when doing trading, we must learn and grow along the way.

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December 06, 2022, 11:13:50 AM
 #24

Actually you can only be a successful trader if you become a full time trader otherwise little information and little time can misguide you.  Focus of Full time trader  is just on its ambition and they do not thing anything else so i will suggest that if you want success then consciousness each moment will increase your success. But one thing to be noted is future trading is so hard and is full of risk in my opinion.



 

 

 

 

 

 


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December 07, 2022, 03:51:24 PM
 #25

Actually you can only be a successful trader if you become a full time trader otherwise little information and little time can misguide you.  Focus of Full time trader  is just on its ambition and they do not thing anything else so i will suggest that if you want success then consciousness each moment will increase your success. But one thing to be noted is future trading is so hard and is full of risk in my opinion.
People who are not great at trading should not become a full-time trader if they can't afford to. I mean full-time trader means that they would have to actually make a living out of it, and take money out each month. Whenever you have to buy groceries, or pay the bills or go out, all that money comes out of your trading capital and that's the biggest problem.

Full-time trading requires a huge capital to begin with, and you would need to trade each dollar move on high leverage to make a big profit. This also means you could lose all of that money too if it goes on the wrong direction and I would highly suggest not to do that if you are not a veteran trader already.

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December 07, 2022, 06:56:09 PM
 #26

I am not a full time trader like you. Because I like to hold gems until it's pump hard. Again I think future trading is much risky that's why I don't suggest anyone future trading with high leverage because there have a risk to be liquidated.
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December 07, 2022, 07:08:30 PM
 #27

Actually you can only be a successful trader if you become a full time trader otherwise little information and little time can misguide you.  Focus of Full time trader  is just on its ambition and they do not thing anything else so i will suggest that if you want success then consciousness each moment will increase your success. But one thing to be noted is future trading is so hard and is full of risk in my opinion.
People who are not great at trading should not become a full-time trader if they can't afford to. I mean full-time trader means that they would have to actually make a living out of it, and take money out each month. Whenever you have to buy groceries, or pay the bills or go out, all that money comes out of your trading capital and that's the biggest problem.

Full-time trading requires a huge capital to begin with, and you would need to trade each dollar move on high leverage to make a big profit. This also means you could lose all of that money too if it goes on the wrong direction and I would highly suggest not to do that if you are not a veteran trader already.
On the time that you would be able to consider yourself to switch up on becoming a full time trader is on the time you do really find yourself be able to sustain and make that profits despite of those pile of losses.
Its not really something that easy to make up such decision because you would really be needing that consideration before making up that step.We know that market cant guarantee us out with sure profit or simply with that assurance and since we are really that needing money then we do need to have another source of income aside from trading.If you cant be able to provide or sustain yourself with daily
living then its better to find some day stable job and make trading as a side income if you do able to do so.

R


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December 07, 2022, 10:30:20 PM
 #28

I am not a full time trader like you. Because I like to hold gems until it's pump hard. Again I think future trading is much risky that's why I don't suggest anyone future trading with high leverage because there have a risk to be liquidated.
You don't need to become a trader like OP if your goal is to just buy, hold, and sell.
In fact, your understanding of Futures trading is right, it was too risky for beginners and not everyone can bear the risk that's why many traders are preferred to stay on spot trading rather than this. It was looking for a venue where we are about to stay comfortable and knowing the nature of Futures trading, only a few will take and try. Expert traders might take it but newbies, they will just lose their money.

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December 07, 2022, 10:52:55 PM
 #29

Yes Im full time trader
I use binance and futures.
I am very impressed at all the successful futures trading. I don't know how much they struggle until they are comfortable in futures trading. Because, futures trading is one of the things that is very risky, makes life uneasy, and often wake up at night just to check market developments. It's tiring for me. Therefore I am out of futures trading. What's more, I still have many shortcomings in terms of strategy, emotional management, and also accuracy in assessing the market. So, this is future trading, high risk, high return.

Spot trading can be so brutal too. Just ask people who bought Luna right before the crash and had no stoploss
Indeed, after seeing what happened to LUNA, I am so worried because I have several altcoins in my spot trading that is still very under the price that I bought. Indeed, investing in altcoins is high risk. We cannot guarantee that the altcoins that we are holding will last longer or not. uLUNA and FTX really teach us many thing to be more and more careful, and smart decision.

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December 07, 2022, 11:44:23 PM
 #30

I am not a full time trader like you. Because I like to hold gems until it's pump hard. Again I think future trading is much risky that's why I don't suggest anyone future trading with high leverage because there have a risk to be liquidated.

Full-time traders don't mean they mostly engage in Future Trading alone. Being full-time traders means they are actively engaging in various types of trading, either spot or futures, on regular basis to the point that they are considering it now as a career. It's just common to expect that trading has associated risks.

That's the challenge there, how to deal with that risk. There's no shortcut to success.

Not unless you are not really that comfortable dealing with that, you can keep doing your holding strategy as much as you like.

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December 08, 2022, 05:21:34 AM
 #31

Full Time trader is risky job especially the futures one, to be honest i have been tried binance futures the profit is insane but at the end of the day I am losing up $1000  Grin Grin


Full-time traders don't mean they mostly engage in Future Trading alone. Being full-time traders means they are actively engaging in various types of trading, either spot or futures, on regular basis to the point that they are considering it now as a career. It's just common to expect that trading has associated risks.

This is the right answer is not about futures trading, in fact trade by using leverage is made our heart beat dance  Cheesy

Just little bit of advice if you guys have more money to trade on I mean you have $1K+ trade using spot is way better than trade on futures using leverage

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December 08, 2022, 06:16:59 AM
 #32

Yes Im full time trader
I use binance and futures.

I cant thank the binance enough to provide this opportunity to us.

Right now i can say that im full time trader.
If you are a professional in day trading or futures, there is no problem. it's up to you to manage your trading assets. some people may be doing what you do daily trading on Binance to make a profit and fulfill their needs like buying coffee and cigarettes.
I hope you consciously use your money to trade futures, don't sue other people when you lose the trades you make.



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Rainbot
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December 08, 2022, 06:42:12 AM
 #33

Even though I can't be a full-time trader, I'm also grateful to Binance because Binance has allowed me to profit.
I once tried to become a full-time trader but that didn't go well because, at that time, my analytical skills needed improvement and I often experienced losses.
I decided to become a trader based on how the market is going and if market conditions allow for trading, I will try it.
And so far, I can still survive and minimize losses. Even though I still get losses, I can still get profits.
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December 08, 2022, 05:52:40 PM
 #34

I did not prefer anyone to trade in Binance futures. Because the Future market is a very risky market. Because in this, we are taking leverage. It means that if we have 100$ and we have taken 10x leverage then we can open a trade of 1000$. The more you get the profit from this trade and and lose too vice versa. And a chance that your whole account can liquidate. So, must think about the risk management of your funds.

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December 09, 2022, 07:30:38 PM
 #35

Who cares if you are full time trader not? This doesn’t matter if you have bullshit trading portfolio due to trading full time compared to a accurate trading from casual trader. Sharing your trading portfolio will be more interesting rather than just ask whether user is full time or not on Binance. Also you should not leave your balance on any exchange including due to the risk of losing it once Binance run or experience same fate with FTX. Doing a full time trading on centralized exchange is very risky because you are leaving your money exposed to potential risk.

I’m not a full time trader but I do casual trade every weekends, my salary and significant event that will make crypto volatile than normal volume.

I highly disagree with your thoughts, trading has a very high potential and if you have mastered the techniques of securing your account you have the key ,now only you need to make 1% par day and you can easily 2x your portfolio in 100 days .

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December 09, 2022, 07:54:10 PM
 #36

Who cares if you are full time trader not? This doesn’t matter if you have bullshit trading portfolio due to trading full time compared to a accurate trading from casual trader. Sharing your trading portfolio will be more interesting rather than just ask whether user is full time or not on Binance. Also you should not leave your balance on any exchange including due to the risk of losing it once Binance run or experience same fate with FTX. Doing a full time trading on centralized exchange is very risky because you are leaving your money exposed to potential risk.

I’m not a full time trader but I do casual trade every weekends, my salary and significant event that will make crypto volatile than normal volume.
You don't have to attack the OP like this, everyone has the right to say something, and be sure that it's not everyone that is creative or sound in grammatical construction. It's the duty of the learned to digest things from these people critically and reply if need be. From what I realized, the OP is just expressing himself as a full-time trader with an exchange. The approach is a direct answer to his question and the gist is clear enough to me, which is the main thing.

Myself is a full-time futures trader, but I have other things doing in addition, and I trade long-term to give room for that.

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December 11, 2022, 02:15:22 PM
 #37

If you are a successful trader and have a guaranteed income, which is very rare in the cryptocurrency market, then you can really stop working for the boss, wasting your valuable time. But in this case, you need to pay for various insurance fees yourself, which will provide you with a pension when the time comes.

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December 11, 2022, 03:44:35 PM
 #38

If you are a successful trader and have a guaranteed income, which is very rare in the cryptocurrency market, then you can really stop working for the boss, wasting your valuable time. But in this case, you need to pay for various insurance fees yourself, which will provide you with a pension when the time comes.

But whether you are a successful trader or not you are not focus only trading. It is good to have different options of financial stability and not to rely on one side. You can quit the boss job no problem but you have to involve in something else that will supplement for your at the down times. This is important because such times are always to be considered in life. Trading is an area of livelihood business that also would give you the chance to involve in other investment.
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December 13, 2022, 03:06:57 AM
 #39

But whether you are a successful trader or not you are not focus only trading. It is good to have different options of financial stability and not to rely on one side. You can quit the boss job no problem but you have to involve in something else that will supplement for your at the down times. This is important because such times are always to be considered in life. Trading is an area of livelihood business that also would give you the chance to involve in other investment.
It is true @palle11.

People should assign big part of profit they get from trading for investment. If they use that profit to continue trading, they will end losing most of it. That is very bad ending after starting from small capital, make it to a big one and end it with nearly initial capital or worse less than initial capital.

You will be very negatively disappointed if you end your trading like this.

I don't believe much in trading that most of traders can have profit from trading and manage risk and their orders good enough to prevent loses later. Investment is best especially investment in Bitcoin.

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December 13, 2022, 03:58:15 AM
 #40

Since you are a full time traders in binance over a year now, I believe you have achieved a lot of incomes from your trading which other traders will like to see so that they will follow your strategies in this bearish season, so that they will have something good to achieve in future. I am not a full time traders in binance, because it will not help me to make a good profits like decentralized currency which many traders has experienced a lot of favour from decentralized currency. I will advise you to try Bitcoin investment in this bearish season to buy and hold like 2 or 3 years so that you will know that, it is profitable to be a full time traders in Bitcoin than binance.

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