As an experienced futures trader.

[Adbitco]

I will try to learn about spot trading first, when I get a rough idea about sport trading, then if necessary I will try once or twice, if it is too risky to do futures trading, then I will leave it, but for now my main goal is to know about spot trading.

We often see trading as very difficult for someone to dive into, yes we have seen it to be that hard with the mindset that people are losing much or due to complaint about how they swipe their trading account to easily. People can lose while trading but this is based on their experience or knowledge towards trading, anyone out there can venture into spot trading because it's the simplest trading we can ever do without the fear to lose much while trading provided you know how to set up your stop lose and take profits then you could hardly lose while trading, except you don't chose the right coin to trade.

[FortuneFollower]

I will try to learn about spot trading first, when I get a rough idea about sport trading, then if necessary I will try once or twice, if it is too risky to do futures trading, then I will leave it, but for now my main goal is to know about spot trading.

We often see trading as very difficult for someone to dive into, yes we have seen it to be that hard with the mindset that people are losing much or due to complaint about how they swipe their trading account to easily. People can lose while trading but this is based on their experience or knowledge towards trading, anyone out there can venture into spot trading because it's the simplest trading we can ever do without the fear to lose much while trading provided you know how to set up your stop lose and take profits then you could hardly lose while trading, except you don't chose the right coin to trade.

If a person doesn't have much expertise - futures are not for him or her.
The reliable way out would be the spot, or maybe you have a mentor (a real one, not a "guru" of sorts) who could help you here and there to properly adjust to the leverage.
Otherwise, it's not really worth it.

[fikrett]

Feel free to exercise your freedom of speech fellas.

If you already have skills in analysis, then free signals or perhaps when you join paid signals, both should only be used as a comparison and also to measure whether your analysis skills are improving or not developing, but I would choose not to follow the paid ones and only use the free ones as a reference to make it a coin that will be analyzed and the decision remains in accordance with the analysis made, not from the free signal.

Usually, the paid ones are just bait to get money off from the souls willing to believe in them.
And you are totally right - such info can only be used as a reference, not as something that would decide or change your strat entirely.

[bettercrypto]

Like you, I also don't really believe in copy trading in my own personal assessment. Because I noticed that those who do copy trading also have a little deception called, the kind that they will say in their description that the win rate percentage is high but the truth is they don't say it.

That's why we can notice when we look at the features of copy trading that they have an average of who has a high percentage and who has a low percentage, so maybe this is one of the reasons why I don't want to join, I would rather trust myself in understanding trading than rely on others just to make money from trading because I don't think I will grow like that.

[crwth]

I believe it’s essential that you accept and understand what kind of trades you are making if you are following a signal. Do not depend too much in a way that you don’t think, but make sure that if the reputation of that signal group is good, maybe you could do it, but make sure that you have risk management with your trades.

As long as you continually compound your wins and have important stop losses for your trades, you could probably make a lot of money in the long run.

[tottong]

I believe it’s essential that you accept and understand what kind of trades you are making if you are following a signal. Do not depend too much in a way that you don’t think, but make sure that if the reputation of that signal group is good, maybe you could do it, but make sure that you have risk management with your trades.

As long as you continually compound your wins and have important stop losses for your trades, you could probably make a lot of money in the long run.

That's right because if you pay attention, only a few percent of people will be successful in future trading and the rest are more likely to fail.
When we want to get involved in trading, we should understand the type of trading that we will run so that it is easier for us to learn to develop ourselves.
Relying on signals also does not necessarily provide good results, especially if we follow a signal group that does not have a good reputation in trading.
Most people show off money to convince others that they do have the best abilities in trading.

In fact, they are looking for profit from the growing community in the group they build.
It is better to learn to minimize risk and continue to develop trading skills so that we can trade in our own way than to continue to follow other people's signals.

[justdimin]

I believe it’s essential that you accept and understand what kind of trades you are making if you are following a signal. Do not depend too much in a way that you don’t think, but make sure that if the reputation of that signal group is good, maybe you could do it, but make sure that you have risk management with your trades.

As long as you continually compound your wins and have important stop losses for your trades, you could probably make a lot of money in the long run.

Yeah, when you are following someone else's word while trading, you are not going to get a good return at all, it is not going to be profitable and you shouldn't really be bothered about it, because you won't get a good return at all.

Developing our own skillset will not let us go down and trading cannot be an exception for sure. Learning and practicing will definitely help especially in bitcoin market because market is pivoted around halving hence we can easily predict the long term trend and this is why I would suggest just doing your own research when you want to trade, that would be a lot better and would give you a better return on profit. If you can learn how to trade yourself, even if it is spot trading, you are going to end up making a much better profit for sure.

[Ahli38]

I don't know how many dozens of trading groups or channels I have entered. And personally, I don't like taking trading signals from other people. But I'm always open to seeing how other people do their analysis. And sometimes the big benefit of a signal group is not about the signals provided but about the fundamental information that we sometimes share with each other. And from there I also built extensive relationships to always get information faster than other people. because you know that for us traders, information is very important. And the person who gets the information first usually has the advantage. So this is where it is important to have lots of relationships or places to share information. I once tried copy trade. But in the end I prefer my own analysis and trade with my own control.

[hero_the_bossman]

I don't know how many dozens of trading groups or channels I have entered. And personally, I don't like taking trading signals from other people. But I'm always open to seeing how other people do their analysis. And sometimes the big benefit of a signal group is not about the signals provided but about the fundamental information that we sometimes share with each other. And from there I also built extensive relationships to always get information faster than other people. because you know that for us traders, information is very important. And the person who gets the information first usually has the advantage. So this is where it is important to have lots of relationships or places to share information. I once tried copy trade. But in the end I prefer my own analysis and trade with my own control.

Yeah, it's great when any signal group does have a room for discussions - usually, that's not the case, you are just given the "signal" to copy it and see how it goes.
I too would go for my own analysis only, albeit using the signals and what they've got in store only for reference. Maybe they would have something worthwhile analyzing.

[LogitechMouse]

If a person doesn't have much expertise - futures are not for him or her.
The reliable way out would be the spot, or maybe you have a mentor (a real one, not a "guru" of sorts) who could help you here and there to properly adjust to the leverage.
Otherwise, it's not really worth it.

As a person who hadn't have any experience, or any mentor on my side, I would say that futures can be for anybody. You just need to learn from your experiences.

Just to share a short story of mine. I started futures trading years ago and lost all of my capital 3x already. I just started trading a month ago for the 4th time and luckily, I manage to double my money within that span of time already. I would say that experience in my past losses is a big factor towards my decisions right now, and you will not become an expert if you will not start as a newbie, right? Having a mentor is a plus for a newbie, but not a recommendation since you can learn all by yourself although it would take a longer time of course.

Spot trading is for newbies and for some as well, but most of the profits come from futures trading so... yeah. It's all about risk management.

[shinratensei_]

Like you, I also don't really believe in copy trading in my own personal assessment. Because I noticed that those who do copy trading also have a little deception called, the kind that they will say in their description that the win rate percentage is high but the truth is they don't say it.

That's why we can notice when we look at the features of copy trading that they have an average of who has a high percentage and who has a low percentage, so maybe this is one of the reasons why I don't want to join, I would rather trust myself in understanding trading than rely on others just to make money from trading because I don't think I will grow like that.

i think the deceiving part of copy trade is that their current win rate doesn't reflect future performance if you see many of these expert traders PnL on the copy trade site you'd see that the PnL going up so high at the beginning and moving forward it just plummets, I don't know if it's part of their strategy to attract liquidity to their side but it just happens to be that way, you can do your observation and figure this kind of thing happening. if we were to follow them when their PnL started going down, then we're doomed while the trader we copied just make break even.

that is why, following other people signal could be detrimental, but using it as a reference is giving us really good insight.

[MusaMohamed]

Spot trading is for newbies and for some as well, but most of the profits come from futures trading so... yeah. It's all about risk management.

I really don't think Spot Trading is for newbies, or mainly for newbies. It's hard to succeed as traders so when people had enough experience with trading, got enough losses with Leverage and Futures trading types, they will realize that if they want to trade, Spot Trading is a safest trading type for them.

With Spot Trading type, they avoid a biggest threat in trading, liquidation because there is no Long squeeze or Short squeeze and liquidations with Spot Trading type. They can have loss, but it is not like when price drops 15%, 20% or 30%, they will lose 70% to 80% of their trading capital, which they will get with Leverage and Futures Trading types.

[doomloop]

I don't know how many dozens of trading groups or channels I have entered. And personally, I don't like taking trading signals from other people. But I'm always open to seeing how other people do their analysis. And sometimes the big benefit of a signal group is not about the signals provided but about the fundamental information that we sometimes share with each other. And from there I also built extensive relationships to always get information faster than other people. because you know that for us traders, information is very important. And the person who gets the information first usually has the advantage. So this is where it is important to have lots of relationships or places to share information. I once tried copy trade. But in the end I prefer my own analysis and trade with my own control.

Yes I agree, you don't have to trade based on what others are telling you, makes no sense at all and I would try to avoid that as much as possible, I mean it's on my hands, I can avoid it by just not trading what others told me to trade. However, any smart trader would check what others are doing, reasonable to follow the hype, and reasonable to see what makes people buy something or sell something, would make it much better for you on the long term.

I believe the return will be quite great, wouldn't be that much of a problem in the end. I understand too many people would locate this type of thing as a good thing, but that is a great return without a big trouble, we should be considering this as a great data to use later on.

[Adams0001]

I don't know how many dozens of trading groups or channels I have entered. And personally, I don't like taking trading signals from other people. But I'm always open to seeing how other people do their analysis. And sometimes the big benefit of a signal group is not about the signals provided but about the fundamental information that we sometimes share with each other. And from there I also built extensive relationships to always get information faster than other people. because you know that for us traders, information is very important. And the person who gets the information first usually has the advantage. So this is where it is important to have lots of relationships or places to share information. I once tried copy trade. But in the end I prefer my own analysis and trade with my own control.

Yes I agree, you don't have to trade based on what others are telling you, makes no sense at all and I would try to avoid that as much as possible, I mean it's on my hands, I can avoid it by just not trading what others told me to trade. However, any smart trader would check what others are doing, reasonable to follow the hype, and reasonable to see what makes people buy something or sell something, would make it much better for you on the long term.

I believe the return will be quite great, wouldn't be that much of a problem in the end. I understand too many people would locate this type of thing as a good thing, but that is a great return without a big trouble, we should be considering this as a great data to use later on.

You are correct, but some people have more knowledge about learning from others in trading more and have experience on how to trade well and reach there goals. if the market is favorable to you. I have some people who don't know how to trade successfully, they just focus on all of these free singal groups to stake, and some make a profit, while others lose money. Is just that not all free signal groups are real, some are just scammers to just use you because some would claim you should drop money and place you on there VIP group, they will be dropping singal every week and later they will just scame you so is more better to know your mentor physical that will guide you well, and teach you on how to used difference strategies on trading. But I didn't see problem on checking other people trading and know how they do there on that us when you will perfect and get many experience that some traders don't have but some prefer they should just do there on by there self and some just learn trading without anyone help just analyse and searching on without anyone involved.

[betswift]

I don't know how many dozens of trading groups or channels I have entered. And personally, I don't like taking trading signals from other people. But I'm always open to seeing how other people do their analysis. And sometimes the big benefit of a signal group is not about the signals provided but about the fundamental information that we sometimes share with each other. And from there I also built extensive relationships to always get information faster than other people. because you know that for us traders, information is very important. And the person who gets the information first usually has the advantage. So this is where it is important to have lots of relationships or places to share information. I once tried copy trade. But in the end I prefer my own analysis and trade with my own control.

Yes I agree, you don't have to trade based on what others are telling you, makes no sense at all and I would try to avoid that as much as possible, I mean it's on my hands, I can avoid it by just not trading what others told me to trade. However, any smart trader would check what others are doing, reasonable to follow the hype, and reasonable to see what makes people buy something or sell something, would make it much better for you on the long term.

I believe the return will be quite great, wouldn't be that much of a problem in the end. I understand too many people would locate this type of thing as a good thing, but that is a great return without a big trouble, we should be considering this as a great data to use later on.

Listen to what most do, but do your own thing instead, if you don't believe in the crowd to be right.
It can be hard, but that's true - in crypto and trading, you are your own god and master and you can't rely on anyone, especially on influencers, at least not on a big list of them spilling the news like fresh bread 

[tvplus006]

I really don't think Spot Trading is for newbies, or mainly for newbies. It's hard to succeed as traders so when people had enough experience with trading, got enough losses with Leverage and Futures trading types, they will realize that if they want to trade, Spot Trading is a safest trading type for them.

With Spot Trading type, they avoid a biggest threat in trading, liquidation because there is no Long squeeze or Short squeeze and liquidations with Spot Trading type. They can have loss, but it is not like when price drops 15%, 20% or 30%, they will lose 70% to 80% of their trading capital, which they will get with Leverage and Futures Trading types.

This will depend on whether the trader adheres to the risk management strategy. And if you do not open an order using x20 leverage, but use x3, then the risk of liquidation will decrease significantly. In addition, you can use leverage equal to x1 and in this case your trading will be similar to spot trading. You will also be able to open a short position, which is not possible with spot trading.

[Lanatsa]

I don't know how many dozens of trading groups or channels I have entered. And personally, I don't like taking trading signals from other people. But I'm always open to seeing how other people do their analysis. And sometimes the big benefit of a signal group is not about the signals provided but about the fundamental information that we sometimes share with each other. And from there I also built extensive relationships to always get information faster than other people. because you know that for us traders, information is very important. And the person who gets the information first usually has the advantage. So this is where it is important to have lots of relationships or places to share information. I once tried copy trade. But in the end I prefer my own analysis and trade with my own control.

Yes I agree, you don't have to trade based on what others are telling you, makes no sense at all and I would try to avoid that as much as possible, I mean it's on my hands, I can avoid it by just not trading what others told me to trade. However, any smart trader would check what others are doing, reasonable to follow the hype, and reasonable to see what makes people buy something or sell something, would make it much better for you on the long term.

I believe the return will be quite great, wouldn't be that much of a problem in the end. I understand too many people would locate this type of thing as a good thing, but that is a great return without a big trouble, we should be considering this as a great data to use later on.

You are correct, but some people have more knowledge about learning from others in trading more and have experience on how to trade well and reach there goals. if the market is favorable to you. I have some people who don't know how to trade successfully, they just focus on all of these free singal groups to stake, and some make a profit, while others lose money. Is just that not all free signal groups are real, some are just scammers to just use you because some would claim you should drop money and place you on there VIP group, they will be dropping singal every week and later they will just scame you so is more better to know your mentor physical that will guide you well, and teach you on how to used difference strategies on trading. But I didn't see problem on checking other people trading and know how they do there on that us when you will perfect and get many experience that some traders don't have but some prefer they should just do there on by there self and some just learn trading without anyone help just analyse and searching on without anyone involved.

When dealing up into something then learning curve and the duration and the level of knowledge you will be having will be totally basing up on the overall experience of a certain trader. Of course there would really be those individuals who are considered to be fast learners and there are those people who are really that slow when it comes into this kind of condition. There are some long time spot traders out there
who cant be still able to make some good trades when it comes to futures trading due to high leverage. Its not really that talking about on having that lacking of knowledge and skills but rather they do have some main issues when it comes to emotion control on which i could say that this is really indeed a main issue for most people who do really get involved with futures. Prices move up too fast on which this isnt really that similar to spot and thats why having setting up some SL's would really be that relevant.

Also, there are some newbie traders who do really think that futures trading is really that easy on which at the time or moment that they do deal up with it or simply with trading, they do skip out on doing spot
and immediately goes to futures on which they do blown up themselves when it comes into the trading capital that they do have. It will really be always better that you should be starting out with the basics
and not all experienced spot traders are really that doing good or really having that kind of success when it comes to futures and thats why they do really just that decided that sticking into spot rather
than on touching up futures. If you cant be able to bare up with the risks involved then why would really be trying out to deal up with it on desperate manner? Yes, potential profit could really be that
high or big but the risks is really that getting higher and higher.

[LogitechMouse]

Spot trading is for newbies and for some as well, but most of the profits come from futures trading so... yeah. It's all about risk management.

I really don't think Spot Trading is for newbies, or mainly for newbies. It's hard to succeed as traders so when people had enough experience with trading, got enough losses with Leverage and Futures trading types, they will realize that if they want to trade, Spot Trading is a safest trading type for them.

With Spot Trading type, they avoid a biggest threat in trading, liquidation because there is no Long squeeze or Short squeeze and liquidations with Spot Trading type. They can have loss, but it is not like when price drops 15%, 20% or 30%, they will lose 70% to 80% of their trading capital, which they will get with Leverage and Futures Trading types.

Well, I might agree with you, but if you're a newbie and you want to trade, which of the 2 will you recommend? Spot Trading or Futures Trading? That's why I said that it's for newbies... or should I say that's their first step towards learning how to trade.

Trading in general is hard and risky even though you have the experience because you don't know what can happen to the market. Leverage trading really isn't for newbies, or I should say, if they're just starting on trading, they should avoid it at first and focus on spot trading. You can still incur losses if you do either one of them, but if you want to learn and try trading, you must think that losing money in your first try is almost guaranteed.

What's important is that you will learn and adjust based on what you've experienced that's why I said that Spot trading is for newbies. At least, your losses in Spot Trading can be lesser than that of Futures Trading.

[jaberwock]

I really don't think Spot Trading is for newbies, or mainly for newbies. It's hard to succeed as traders so when people had enough experience with trading, got enough losses with Leverage and Futures trading types, they will realize that if they want to trade, Spot Trading is a safest trading type for them.

With Spot Trading type, they avoid a biggest threat in trading, liquidation because there is no Long squeeze or Short squeeze and liquidations with Spot Trading type. They can have loss, but it is not like when price drops 15%, 20% or 30%, they will lose 70% to 80% of their trading capital, which they will get with Leverage and Futures Trading types.

This will depend on whether the trader adheres to the risk management strategy. And if you do not open an order using x20 leverage, but use x3, then the risk of liquidation will decrease significantly. In addition, you can use leverage equal to x1 and in this case your trading will be similar to spot trading. You will also be able to open a short position, which is not possible with spot trading.

Yes I agree, or you could just not use all of your money for your trade, use high leverage, but have a margin invested as well so that could make a lot of problem and that would be a lot better situation. I believe that we are going to see this changing long term we couldn't really consider this as a new situation and we need to figure out lowering the risk and that would be a lot better.

I prefer to consider this as a better approach and that would not be a big deal but lowering risk takes a while and we can't comprehend the situation any differently at the moment and things could be changing and arranging a perfect one takes time and not that easy at all, could be considered as something of a mastering skill as well.

[Huppercase]

Yes I agree, you don't have to trade based on what others are telling you, makes no sense at all and I would try to avoid that as much as possible, I mean it's on my hands, I can avoid it by just not trading what others told me to trade. However, any smart trader would check what others are doing, reasonable to follow the hype, and reasonable to see what makes people buy something or sell something, would make it much better for you on the long term.

I believe the return will be quite great, wouldn't be that much of a problem in the end. I understand too many people would locate this type of thing as a good thing, but that is a great return without a big trouble, we should be considering this as a great data to use later on.

Unless you are copy trading where everything you do is driven by the person you are using to trade, there is point in trading with other people's recommendations, even if you are usimg it let it be something you can use to learn and not something that is going to affect your trade, when such things go bad you will not be happy with your decision, your trade should be your own idea and never listen to someone to close your trade because they think if will not go up.

Making your own decision build you up for tough times ahead. What are you going to do as a trader when you have nobody to give you advice and tells you what to do next, you will only be at one placed and I'm not even sure if you are going to be a professional trader later in the future. You wouldn't be able to adapt when the market trend changes, the only time you can trade and be profitable is bull run, when others are making money in bear market, you will only be looking.