Hope you did not use high leverage?

[Akbarkoe]

10x-50x is also relatively large from my point of view, I wonder how much margin you always use to take +30x positions, the trend is always interesting to pay attention to especially in short time frames, but still in an uncertain market, some days green and then turned red, there is always room for uncertainty to come to the traders, which is why there are so many cases of liquidation in the market.

My leverage today is not more than 8x, which is more than enough, especially playing in a very volatile market even though the trend is indeed in a good state.

Yes, 10x to 50x might still seem a lot but it is manageable. With proper risk management in place, we can still make really good profits by using that high leverage. Using up to 50x leverage depends on how experienced we are. Just to try out our luck, it is fine to blow our account once or twice but blowing our account more than 3 times would mean we are doing something wrong. At that point, one can consider decreasing leverage or not using one at all. 50x leverage still seems safe if you are a well-seasoned trader.

In current volatile markets, 8x is a decent choice and I am sure you would still need to sit in front of the screen for hours to speculate sudden moves. Either stop loss will be in place or you will have to stick yourself in front of the screen until this position is closed.

What kind of risk management can I do with a leverage of say 40x, can you project it with how you work in trading, let's say I have a trading capital of $2000, as my initial capital, you only need to describe a trade here with a POV that you think it is still possible to do and is still quite safe, as a risk, from the start of the margin and time frame and SL limits that I need to take when trading.

[Rengga Jati]

Hope you did not use high leverage during this fall that many of us predicted?

Because the market can change very quickly, some analyses can sometimes be quite inconsistent with market realities. Moreover, market volatility is very high.

Using high leverage will actually carry very high risks. Therefore, we must ensure that we are financially prepared to be better prepared for all risks. It's better to use small leverage, and do it several times carefully, than to do it all at once with high leverage.

[Out of mind]

It is very risky for every trader to always use high leverage in trading. I think it is better to use low leverage in trading because there is less chance of loss and there is no chance of losing money. Most of the time people use high leverage in futures trading to earn more money in a short time but this is basically a misconception. When using high leverage in futures trading, of course if the price fluctuates a little, the possibility of loss is high and this is the highest risk. In that case, using low leverage in futures trading will have less risk and less chance of loss. And if spot trading is done, there is a possibility in the long term and the possibility of loss is slightly reduced. Using 0.2x leverage is very low risk, so it is safe to use this leverage in trading.

[juttsab@]

It is very risky for every trader to always use high leverage in trading. I think it is better to use low leverage in trading because there is less chance of loss and there is no chance of losing money. Most of the time people use high leverage in futures trading to earn more money in a short time but this is basically a misconception. When using high leverage in futures trading, of course if the price fluctuates a little, the possibility of loss is high and this is the highest risk. In that case, using low leverage in futures trading will have less risk and less chance of loss. And if spot trading is done, there is a possibility in the long term and the possibility of loss is slightly reduced. Using 0.2x leverage is very low risk, so it is safe to use this leverage in trading.

High leverage mean high And millions of people are present in the market who want to be rich fast and they want to take more leverage which is more risky for them . You should apply less leverage if you want to lose less and you have less investment to lose . You could lose your money if you heard the voice of people who are saying that Bitcoin will cross to 150k$ which is not possible in a day but in the future years it will touch to that and always think by your mind and don't trust to anyone who is saying that you should follow me because it will cause of your lose because you will follow him And you will not use your mind . Do your own research if you want to get success in life because success matters a lot and people want to be rich fast in cryptocurrency And trading can give you more money than any other daily work

[cyberninja2]

...

High leverage mean high And millions of people are present in the market who want to be rich fast and they want to take more leverage which is more risky for them . You should apply less leverage if you want to lose less and you have less investment to lose . You could lose your money if you heard the voice of people who are saying that Bitcoin will cross to 150k$ which is not possible in a day but in the future years it will touch to that and always think by your mind and don't trust to anyone who is saying that you should follow me because it will cause of your lose because you will follow him And you will not use your mind . Do your own research if you want to get success in life because success matters a lot and people want to be rich fast in cryptocurrency And trading can give you more money than any other daily work

Doing something like this I think is quite a big risk because the reason is that there will always be risks to be faced so that someone's goal now is clearly to want to quickly have wealth quickly and I think there is no party who doesn't want to quickly have that wealth.

And our belief in the occurrence of price increases does not need to listen to what is said by other parties because it is not necessarily what is said or what is predicted to be true and if the opposite happens, we may experience quite a large loss because we do not believe in the beliefs that we have because our goal is to want to quickly have wealth so we do it without thinking about the losses that will come to us so at that time we make purchases that are aggressive this is because we believe in what is said by other parties where the price will be at a high number so we make purchases when the price is in decline with the number of purchases we make without thinking about the price meaning all the income we have immediately buy Bitcoin because we hope that the price will increase even though in the end the market price does not occur as we expected this is what makes us experience losses in doing without following our own personal beliefs.

[AakZaki]

I often find screenshot posts on social media related to high leverage, but after I searched they only used a margin of no more than $5.
I think that's the case, those who use high leverage are actually those who have little capital who dream of being rich overnight.

Saying that they are trading futures, but in reality they are gamblers with little capital and then double the capital with high leverage.

[Stable090]

High leverage mean high And millions of people are present in the market who want to be rich fast and they want to take more leverage which is more risky for them .

Most people that are always trading futures don’t even have proper knowledge about it, what they are always after is just how they going to make huge money, and that’s why they are always making use of high leverage. Some of them know the risk involved in making use of high leverage but they do ignore it, they just want to take risk, and at the end most of them just end up losing money.

You should know crypto space is not a get rich quick scheme, but people are just always looking for means to get rich quickly. As a trader it’s better to make use of low leverage always to reduce the risk involved in your trading. If you make use of low leverage, you are lowing the risk which you are taking and it’s just the best.

[I_Anime]

I often find screenshot posts on social media related to high leverage, but after I searched they only used a margin of no more than $5.
I think that's the case, those who use high leverage are actually those who have little capital who dream of being rich overnight.

Saying that they are trading futures, but in reality they are gamblers with little capital and then double the capital with high leverage.

Yeah when you have large capital best you use lower leverage so that you won’t get yourself liquidated. The higher your leverage the more chances of your money liquidating faster . Those with lesser capital have to make use of leverage in order to make something good from the market .

But many do abuse it , by taken unreasonable risks increasing their leverage in order to make faster profits within a short period of time which is actually what many refers to when they call trading gambling.

[_act_]

I often find screenshot posts on social media related to high leverage, but after I searched they only used a margin of no more than $5.
I think that's the case, those who use high leverage are actually those who have little capital who dream of being rich overnight.

This is very true, but not all true. It is true because traders are not patient. You can see them have $50, they use it to trade and lose because of the high leverage, but there are some professional traders that can have $5000 on their trading account, but use $500 to open a trade, setting the leverage to 50x, which means he used $5 to open the trade. If they win small, the P&L will be large in percentage despite low amount made as profit.