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Author Topic: Binance futures Are you full time trader ?  (Read 377 times)
Kelvinid
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December 13, 2022, 01:27:00 PM
 #41

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.
Maybe, but still, nobody believes it. Futures trading has been found to be riskier than other forms of trading. Might OP is a full-time trader but yes, we're not sure how good he is and how profitable he become.
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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.
It was not been said that we need to become a full-time trader in order to earn more because what really matters in trading, especially in Futures Trading is knowledge, strategies, and capital. Missing any of them can't bring you earnings but losses or just earning a small profit. Even though we are in trading for 2-3 years it was not our assurance that we are making a lot of money from trading, maybe at least we were just able to survive and stay as a trader.

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December 13, 2022, 03:15:25 PM
 #42

If binance will follow to FTX then who else you can trust anymore ?
But Im not talking this Im just talking who's full futures traders i am i trade everyday.

Right now Binance is the hope of those who still uses centralize exchange after what FTX displayed.
I'm also a trader but I only trade when I have some spare cash that I'm willing to lose.
My trading hasn't been that profitable for me that's why I had to reduce it, I'm terrible when it comes to trading so I tend to use little Capital just so I won't be disappointed at the end of my trade.
The fact that you're a full time trader means that you must be a good analyst and also possess great trading skills.

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8rch7
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December 13, 2022, 03:18:16 PM
 #43

It was not been said that we need to become a full-time trader in order to earn more because what really matters in trading, especially in Futures Trading is knowledge, strategies, and capital. Missing any of them can't bring you earnings but losses or just earning a small profit. Even though we are in trading for 2-3 years it was not our assurance that we are making a lot of money from trading, maybe at least we were just able to survive and stay as a trader.
Not recommended with Future trading whatever exchange market kinds Binance or not, but right now many changed about funding fees in Binance and I saw was increase up than usually. Not financial advice when trading in Future kinds but I saw bad problem when last time with my future order filled, usually I used with medium leverage but I don't know why funding fees more than 30% with Binance future.

I have stop awhile with future trading after many time losses and for new trader better with spot trading, can't expected with profit always although all time in trading or have more experience about three or four years with Future trading can't consistency earn profit.

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December 13, 2022, 03:34:11 PM
 #44

I have stop awhile with future trading after many time losses and for new trader better with spot trading, can't expected with profit always although all time in trading or have more experience about three or four years with Future trading can't consistency earn profit.
You may be aware that futures trading is a high-risk trade. You might be able to manage your emotions well as long as you feel lucky, but on the other hand when you lose a lot of money then you might not feel okay. Not recommended for futures trading for those who are not really able to manage their emotions well, besides spot trading or investment is also profitable instead of futures trading.

But it's good when you have come to the conclusion that you have abandoned futures trading for a while. Start spot trading or long-term investment, this is safer to do even though futures trading is also profitable.

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December 13, 2022, 03:38:17 PM
 #45

It's good that you have become a full-time trader with just your funds and have fulfilled your needs with just trading. Imagine your life without it, huh? It's like that for sure in your space. I can't imagine without BTC in my life. That's the same thing as how you feel.

I also trade with Binance Futures and am thankful for it because I have learned how to lose money there manually. Grateful I have a trading bot like Gunbot to make life easier and trade it consistently for me without worrying about checking the market all the time.

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December 13, 2022, 11:14:47 PM
 #46

If binance will follow to FTX then who else you can trust anymore ?
But Im not talking this Im just talking who's full futures traders i am i trade everyday.

Right now Binance is the hope of those who still uses centralize exchange after what FTX displayed.
I'm also a trader but I only trade when I have some spare cash that I'm willing to lose.
My trading hasn't been that profitable for me that's why I had to reduce it, I'm terrible when it comes to trading so I tend to use little Capital just so I won't be disappointed at the end of my trade.
The fact that you're a full time trader means that you must be a good analyst and also possess great trading skills.
After that FTX incident then pretty sure that lots had dwindled up their trust into centralized platforms but later on it would really be just be forgotten just like into those happenings back into those various known
exchangers back in the past.People do easily forget out on not to store their coins on exchange platforms but still keep on doing it until these situations do happen and ending up on a disaster.
When making up some trades then it would be whether you are a full time or not.It does really vary since each trader or person does have different situations when it comes
on handling up their time on engaging with trades.Also, we do have different type of trading where some do get engage with spot and some with futures.

R


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December 13, 2022, 11:30:36 PM
 #47

It was not been said that we need to become a full-time trader in order to earn more because what really matters in trading, especially in Futures Trading is knowledge, strategies, and capital. Missing any of them can't bring you earnings but losses or just earning a small profit. Even though we are in trading for 2-3 years it was not our assurance that we are making a lot of money from trading, maybe at least we were just able to survive and stay as a trader.
Not recommended with Future trading whatever exchange market kinds Binance or not, but right now many changed about funding fees in Binance and I saw was increase up than usually. Not financial advice when trading in Future kinds but I saw bad problem when last time with my future order filled, usually I used with medium leverage but I don't know why funding fees more than 30% with Binance future.

I have stop awhile with future trading after many time losses and for new trader better with spot trading, can't expected with profit always although all time in trading or have more experience about three or four years with Future trading can't consistency earn profit.
Unfavorable market conditions for trading at the moment. even those who are already professionals in futures trading. I am not day trading anymore after the downturn that happened to Bitcoin this year. I choose to acquire assets for the long term. it looks safer.
especially now that there is more frequent news regarding the many futures traders who lose because the market is not easy to predict. I'm sure it's not only beginners who experience this, those who are experienced also feel the same problem with the current market conditions.



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December 14, 2022, 12:59:32 AM
 #48

I have stop awhile with future trading after many time losses and for new trader better with spot trading, can't expected with profit always although all time in trading or have more experience about three or four years with Future trading can't consistency earn profit.
You may be aware that futures trading is a high-risk trade. You might be able to manage your emotions well as long as you feel lucky, but on the other hand when you lose a lot of money then you might not feel okay. Not recommended for futures trading for those who are not really able to manage their emotions well, besides spot trading or investment is also profitable instead of futures trading.

But it's good when you have come to the conclusion that you have abandoned futures trading for a while. Start spot trading or long-term investment, this is safer to do even though futures trading is also profitable.
This is a very common mistake, futures trading can without a doubt be a very profitable way to trade the markets which is why it attracts so many people, but just as it can be incredibly profitable it can also bring incredible losses as well, but people never think about that potential scenario and once they do is because they are already losing a massive amount of money anyway, so it is important that only those that are expert traders try their luck with futures trading, as anyone else has almost no chance of ever making profits.
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