Binance futures Are you full time trader ?

[Portocervo777]

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.

[Portocervo777]

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.

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.

[d3nz]

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.

It's really hard to be a full-time trader if you have a lot of bills to pay and future trading is really risky if you don't have a proper trading plan, that's why most traders today switch from future to spot trading.

Most of the future traders are losing their assets since they only rely on trading signals which obviously a way to get money from newbie traders.

[Bitcoin_Arena]

If binance will follow to FTX then who else you can trust anymore ?

The point is, you shouldn't full trust any centralized exchange at all. Have only money you can afford to lose deposited there. I can assure you Binance won't be here forever. Have that at the back of your mind.

that's why most traders today switch from future to spot trading.

Spot trading can be so brutal too. Just ask people who bought Luna right before the crash and had no stoploss

Risk management is the most important aspect of trading.

Most of the future traders are losing their assets since they only rely on trading signals

I am a futures trader and I don't rely on trading signals.

[Oshosondy]

All I know is that trading is risky, especially for those that have just started trading and for those that just go for emotion. Also in overall discussion, trading is risky, especially future trading.

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

Binance provide the service because they want to profit from it, why then thanking them when there are alternative exchanges that are providing the service?

It's really hard to be a full-time trader if you have a lot of bills to pay and future trading is really risky if you don't have a proper trading plan, that's why most traders today switch from future to spot trading.

No trader will start with future trading, they all start with spot. If they learn future trading, likely they are not switching back but to go for 1x leverage or they just buy and hold which would be better on noncustodial wallet. Spot traders are mostly people that do not know how to trade in derivative market because 1x long position is just like spot trading.

Spot trading can be so brutal too. Just ask people who bought Luna right before the crash and had no stoploss

That is true, just that future trading is riskier because of leveraging. What is the real trading in forex, stock trading and crypto trading is for a trader to be able to buy (open a long position) and sell (open a short position), although spot trading is trading too.

[tvplus006]

If binance will follow to FTX then who else you can trust anymore ?..

Centralized exchanges are not designed to store cryptocurrencies. To store your coins, you need to use a wallet from which you have a private key. On a centralized exchange, it is necessary to store only that part of the deposit that is necessary for trading. An even better solution might be to use DEX.

[Adbitco]

Now I ask you at what point would you like to trust exchange I mean Centralized exchanged if you could lay your trust in binance then what more of FTX lapses, this was same way it was trusted before the sudden development that occurred recently and you trust Binance exchange.
My advice to you is never you lay a full trust or reliability to Centralized exchange as your money are not in your control. Bear it in mind that Note your key Not your money, and you keep saving money on CEX.
Traders on CEX needs to be fully oriented about security breaching issues which may occurs at anytime.

[blockman]

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.

[Hamphser]

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.

Full time trader whether you are doing spot or futures then it do always counts because if you do say that you are on full time then you are totally allocating your time on doing trades or into this engagement.

Just bare it up into your mind that not all the day of trading will really be a profitable one, you should really make yourself aware that losses are always next in line.Market is unpredictable.
You might be profitable on this time but it wont really give out assurance that it would really be continuing and make yourself rich.This wont really be a smooth sail ride and this is why it is really
that suggested that you should really be that prepared for whatever situations that you might faced later on.Being full time trader is never been easy but since you do really
already end up into that point then you do consider yourself that sustaining.

[goaldigger]

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.

Does this mean you make a lot of money for being a full time trader?
There’s a lot of futures options with other CEX, so what’s the deal with Binance here and what are you trying to say with this one?

Futures requires analysis and being a full time trader here can be a big help for you to become more successful, if you are confident about your trading skills then its good for you and there is no need to tell that you are a full time trader. Futures are too risky though, make sure you monitor it closely.

[Oshosondy]

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.

It depends on the country you come from and the amount of money you are using to trade while considering risk management too.

If you use bigger amount of money with just 1x leverage, the risk is low and the more the profit.

About the country people come from, example is the country that I come from, if I convert our minimum wage in a month to dollar using parallel market exchange rate, it is not up to $40. Assuming you earn 5 times more than that, that would be $200 which you can use to live good in my country every month and still have little savings. That is less than $7 daily profit in trading.

[cheezcarls]

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.

So since you are a full time trader, I assume that you are already a so-called “guru” or “expert”? It’s unrealistic for cryptonians here regardless of our experiences that we can make trading a full-time career. Not even some pro traders out there are actually calling it full-time.

I have a friend who is a pro trader and is actually been doing well in both spot and futures trading on Binance. However, he did said to me that he is not considering crypto trading as a full-time job despite the gains he have. He still maintains his day job for sustainability. Crypto trading could give you much more, but not as a guaranteed or stable source of income. 

[EarnOnVictor]

You are welcome to the trading world friend, it's good if you are adequately equipped with experience. For you to be a full-time trader indicates that you don't lose your money, right? This is a good encouragement to others as I am also an active trader with futures trading which is the same as the traditional online trading that I started with.

Trading could be so challenging, yet with the right approaches, success would be consistently made. It took me several years to have my stand in it, that's why I would like to ask you who just began, how do you come about futures trading and what strategy are you using for sustenance in its trading?

[coinerer]

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.

Many use trading as their source of income and many use trading as their part-time business, this is not a problem.  But trading should be done on the spot.  Future trading is very risky and future trading behaves like gambling.  So it is wise to refrain from futures trading. So you should be careful about future trading

[michellee]

I am a part-time trader and just occasionally on futures trading and spot trading. If you are a full-time trader, congratulations to you, as that will not be easy to be that type of trader. We are trying to be good traders and by that, we need to learn many things and practice what we've got.

How much capital do you use to trade in one coin?

If Binance becomes a scam, we must search for other exchanges. Although that is not easy, we need to do that to continue trading.

[Myleschetty]

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.

The first thing that should always come to your mind is that every idea created by the CEX exchange especially Binance is mainly for them to profit from it.
From my understanding future trading is a very risky form of trading and some people regard it as gambling because of the level of the exchange ^{which is called house edge in gambling} taking everything while the trader makes a loss.
You thanking your star is the right thing, not Binance and I will advise you to stop or minimize future trading.

[AbuBhakar]

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.

The first thing that should always come to your mind is that every idea created by the CEX exchange especially Binance is mainly for them to profit from it.
From my understanding future trading is a very risky form of trading and some people regard it as gambling because of the level of the exchange ^{which is called house edge in gambling} taking everything while the trader makes a loss.
You thanking your star is the right thing, not Binance and I will advise you to stop or minimize future trading.

Maybe you mislead how the trading works even on futures trading. Binance only facilitates trading and charge user fee on every trade that they made. Every liquidated position will be sent to the lenders that lend you your margin and some of it goes to those position who win against yours. You’re just competing to other traders when you are doing spot and futures trading.

All the liquidated positions doesn’t go to Binance! This is the most common misconception on trading. Binance is just the middleman on every user trading. They always win no matter what is the trend but there profit is only limited to the fees and not all the liquidated assets because traders is not competing on exchange when trading.

[Pandu Geddon]

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 don't know how you do it to continue to benefit from your trading. but I'm sure you use capital that is large enough to be able to withdraw any of your daily profits for your daily needs.
I'm sure you are not the only trader who only relies on profits to meet needs. many of them are also successful with the trade management they have.
but futures trading has quite a big risk. however you minimize the risk, what is clear is that it will not make you immune from losses at any time.

[kamvreto]

Do you just want to announce that you are a full-time professional trader? I do not understand your intent and purpose for stating this kind of thing without anyone asking and wanting to know about yourself.
Looking at the history of your previous posts, you only provide signals in the form of numbers without being included with technical charts, which of course is very important.

it's easy to write a number like that:

Yes i do use TA analysis a lot.
Anyways today i choose my coin to be
Signal is here
Direction long:
Xrp/usdt
Price now 0.40$
Tp target: 0.42$/0.45$/0.48$
Stop loss: 0.39$

Enjoy and Merit If you Will thank me later

and you even beg for merit for posting the signal? did you get it? LOL

[jaberwock]

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.

Does this mean you make a lot of money for being a full time trader?
There’s a lot of futures options with other CEX, so what’s the deal with Binance here and what are you trying to say with this one?

Futures requires analysis and being a full time trader here can be a big help for you to become more successful, if you are confident about your trading skills then its good for you and there is no need to tell that you are a full time trader. Futures are too risky though, make sure you monitor it closely.

He didn't say anything in regards to that but I can feel that he is earning enough according to his tone. Being a full time futures trader can be profitable or can be very risky but before we decide to be one of it, we need to practice properly first.

For now, we might need to stick on our jobs or business as our primary source of income while we are doing part time trades on the side or in the background. Regular spot trading do already require an analysis so how much more the futures trading? It obviously need more of it because it is more risky. Focusing full time on it can make us improve but it again like I said earlier it can also be damaging to our finances.