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Topic: Be careful with margin trading. (story) (Read 633 times)

sr. member
Activity: 812
Merit: 260
November 30, 2019, 07:47:17 AM
#80
Never use bots or believe signal ( free/ premium ) but trust your strategy. Margin is to double your profit/ lost so be careful to set it, always use fix range.

100% right about 'signals'
Really successful traders got no time to share 'signals'. Whoever is doing that either want to take advantage aka counter trade whoever does that, or just cannot make better money in trading at all.
This is only common sense but somehow people do not even think about it, a trader that is successful and that is earning money in the markets does not have any incentive to tell you why he's selecting to invest his money in a particular coin at that moment in time, because if he does this enough times you can reverse engineer whatever method he is using to determine what actions he should take and then you could use it to generate your own signals that you can trade.


Agree with you that's why I will never use  bots and will never paid for signals, there's a lot of experts our there not giving signals but they are analyzing the market and it will be up to you what will be on your decision since they are only suggesting and how they come up with it. For those who are paying for signals, make sure that you don't give your all in as there in guarantee with it.
hero member
Activity: 1092
Merit: 501
November 29, 2019, 08:34:08 PM
#79
Never use bots or believe signal ( free/ premium ) but trust your strategy. Margin is to double your profit/ lost so be careful to set it, always use fix range.

100% right about 'signals'
Really successful traders got no time to share 'signals'. Whoever is doing that either want to take advantage aka counter trade whoever does that, or just cannot make better money in trading at all.
This is only common sense but somehow people do not even think about it, a trader that is successful and that is earning money in the markets does not have any incentive to tell you why he's selecting to invest his money in a particular coin at that moment in time, because if he does this enough times you can reverse engineer whatever method he is using to determine what actions he should take and then you could use it to generate your own signals that you can trade.
newbie
Activity: 5
Merit: 0
November 27, 2019, 01:17:48 PM
#78
Never use bots or believe signal ( free/ premium ) but trust your strategy. Margin is to double your profit/ lost so be careful to set it, always use fix range.

100% right about 'signals'
Really successful traders got no time to share 'signals'. Whoever is doing that either want to take advantage aka counter trade whoever does that, or just cannot make better money in trading at all.
sr. member
Activity: 826
Merit: 252
November 26, 2019, 09:10:13 AM
#77
You already learn something that we are the player, take control all activity depend ourselves not others. Never use bots or believe signal ( free/ premium ) but trust your strategy. Margin is to double your profit/ lost so be careful to set it, always use fix range. Know our field is good but understand our strategy is better.
legendary
Activity: 2982
Merit: 1028
November 26, 2019, 05:09:06 AM
#76
If possible, you just avoid margin trading altogether. Just stick to the ordinary spot trading, the normal one which the majority are using. Leave margin trading to the experts and rich traders. Margin trading is also not for newbies. Newbies tend to trust easily the signals coming from people who are not even personally known to be an accurate analysts. Especially if these signals are kept to exclusive ones who can pay for it, newbies will think of them as 100% reliable. They are wrong of course.
Yeah right, there's no such things inside trading industry, even those so called experts is not exempt with losing position. The volatility of the market
is tough to predict but if you are willing and ready to handle the risk then proceeding is also an option. It's best to not to rely to anybody but your own analysis, the market is wild and everything is speculative, margin trading can easily sucked your money needs to have a clear and full understanding.
copper member
Activity: 45
Merit: 0
November 26, 2019, 12:05:28 AM
#75
The most conspicuous benefit of margin trading is that it can bring about greater profits because of the greater relative value of trading positions. Apart from this, margin trading can be practical for diversification, as traders can open multiple positions with relatively low amounts of investment capital. Finally, a margin account can help traders quickly open positions without having to transfer large amounts of money to their account.

Despite all its advantages, margin trading has the disadvantage of increasing losses in the same way that it can increase earnings. Unlike ordinary cash transactions, margin trading introduces the possibility of losses greater than the trader's original investment and is therefore considered a high-risk trading method. Depending on the amount of leverage involved in a transaction, even a meager decrease in the market price can lead to significant losses for traders. For this reason, it is imperative that investors who decide to use margin trading use risk management strategies.

Trading margins in the cryptocurrency markets Margin trading is intrinsically riskier than normal trading, but for cryptocurrencies the risks are even higher. Due to the high levels of volatility typical of these markets, cryptocurrency margin traders should pay particular attention. Although hedging and risk management strategies may prove useful, margin trading is certainly not suitable for beginners.

Being able to analyze charts, identify trends and determine entry and exit points will not eliminate margin trading risks, but it can help better anticipate risks and negotiate more effectively. Therefore, before taking advantage of their cryptocurrency transactions, it is recommended that users develop a thorough understanding of technical analysis and gain extensive experience with spot trading.

Overall, margin trading is a handy mechanism for those looking to bolster the profits of their successful transactions. If used correctly, leverage transactions provided by margin accounts can result in both profitability and portfolio diversification.However margin trading method also exacerbate losses and bring about much higher risks. Therefore, it should only be used by highly seasoned traders. As far as cryptocurrency is concerned, margin trading should be approached with even greater care due to the high volatility of the market.
sr. member
Activity: 1123
Merit: 253
November 25, 2019, 10:58:04 PM
#74
If possible, you just avoid margin trading altogether. Just stick to the ordinary spot trading, the normal one which the majority are using. Leave margin trading to the experts and rich traders. Margin trading is also not for newbies. Newbies tend to trust easily the signals coming from people who are not even personally known to be an accurate analysts. Especially if these signals are kept to exclusive ones who can pay for it, newbies will think of them as 100% reliable. They are wrong of course.
hero member
Activity: 1092
Merit: 501
November 25, 2019, 07:30:31 PM
#73
All right. To make this easier, it’s not enough just to try to control your emotions, you need to build a certain plan, according to which you will follow. Thanks to this plan, it will be much easier for you to put up with losses and failures, because your goal will be much higher than the level at which you are now. This will be some beacon to the fact that you are moving in the right direction.
This is difficult and requires constant control over your discipline, but only in this way will you become a very good trader the fastest.
This is the right approach, many people always talk about how important it is to control your emotions but they never describe how to do that? And the only way in which we can do that is to have a very defined plan about what we're going to do in every single scenario that presents itself when we trade, if you have a very clear idea about what you're going to do in the case something goes wrong then instead of thinking about what you should do in those circumstances you will only act according to your plans and no emotions will be involved in the process.
sr. member
Activity: 1050
Merit: 377
November 21, 2019, 09:52:38 AM
#72
I also do not advise anyone to use margin trading. This can only be done by real professionals who have worked more than 10 years in the market. Because margin trading for newcomers is a common lottery in which new traders always lose.
If you yourself do not know how to trade, then read more articles. For example, I use the Neironix because there every day there is a quality technical analysis and market review. Yes, and on the news there you can trade
It is not even about being a professional trader, margin trade is generally a risky trade and I would not advise someone to go for it, although we have so many people that are in experience about this, so they will not understand this until they try it themselves and then fail, maybe then, they will learn from their mistake.

I remember that I never listened to people’s advice about going for margin trade and the worst thing about mine is that I was even greedy about my own leverage which I really leveraged high till I lost thousands of money to Forex trading and when I heard that they introduced margin trade to cryptocurrency also, I ran away from it like my dear life was at stake because I knew the experience I had passed through in Forex.

The fact of the matter is that people learn mainly from their mistakes.
It’s hard to learn from someone else’s experience, it’s much easier to try it yourself. After all, until you get burned, you won’t know what is really hot, no matter what you are told.
Therefore, the simplest and relatively safe method is to test margin trading with a very small amount, or you can use a demo account (for example, on paper).
Just to understand how difficult and risky the game is. It is better to take some money that you are ready to lose, and experiment with margin trading.
Thus, you will control the process, and not the process will control you.

Learning to control of your emotion should be the one we should overcome too before we give all in in cryptocurrency, as we are practicing trading, we should also practice how we are going to control our emotion in every scenario. Losing is part of the game, not everyone is winning everyday, but it's up to us how we can  trade responsibly, and how we can learn everyday, everything is in our hands.

All right. To make this easier, it’s not enough just to try to control your emotions, you need to build a certain plan, according to which you will follow. Thanks to this plan, it will be much easier for you to put up with losses and failures, because your goal will be much higher than the level at which you are now. This will be some beacon to the fact that you are moving in the right direction.
This is difficult and requires constant control over your discipline, but only in this way will you become a very good trader the fastest.
hero member
Activity: 1092
Merit: 501
November 20, 2019, 10:39:01 PM
#71
I also do not advise anyone to use margin trading. This can only be done by real professionals who have worked more than 10 years in the market. Because margin trading for newcomers is a common lottery in which new traders always lose.
If you yourself do not know how to trade, then read more articles. For example, I use the Neironix because there every day there is a quality technical analysis and market review. Yes, and on the news there you can trade
It is not even about being a professional trader, margin trade is generally a risky trade and I would not advise someone to go for it, although we have so many people that are in experience about this, so they will not understand this until they try it themselves and then fail, maybe then, they will learn from their mistake.

I remember that I never listened to people’s advice about going for margin trade and the worst thing about mine is that I was even greedy about my own leverage which I really leveraged high till I lost thousands of money to Forex trading and when I heard that they introduced margin trade to cryptocurrency also, I ran away from it like my dear life was at stake because I knew the experience I had passed through in Forex.
At least you learned your lesson, there are many traders that after suffering a loss when they were margin trading they decide to take an even greater risk so they can recover their money immediately and as you may guess instead of getting their money back what they get is even more frustration and more losses, I can understand why many traders use margin trading in the Forex market because it is not as volatile, but using margin trading in this market is a terrible idea unless you know very well how to manage your risk.
hero member
Activity: 1190
Merit: 511
November 20, 2019, 04:31:00 AM
#70
I also do not advise anyone to use margin trading. This can only be done by real professionals who have worked more than 10 years in the market. Because margin trading for newcomers is a common lottery in which new traders always lose.
If you yourself do not know how to trade, then read more articles. For example, I use the Neironix because there every day there is a quality technical analysis and market review. Yes, and on the news there you can trade
It is not even about being a professional trader, margin trade is generally a risky trade and I would not advise someone to go for it, although we have so many people that are in experience about this, so they will not understand this until they try it themselves and then fail, maybe then, they will learn from their mistake.

I remember that I never listened to people’s advice about going for margin trade and the worst thing about mine is that I was even greedy about my own leverage which I really leveraged high till I lost thousands of money to Forex trading and when I heard that they introduced margin trade to cryptocurrency also, I ran away from it like my dear life was at stake because I knew the experience I had passed through in Forex.

The fact of the matter is that people learn mainly from their mistakes.
It’s hard to learn from someone else’s experience, it’s much easier to try it yourself. After all, until you get burned, you won’t know what is really hot, no matter what you are told.
Therefore, the simplest and relatively safe method is to test margin trading with a very small amount, or you can use a demo account (for example, on paper).
Just to understand how difficult and risky the game is. It is better to take some money that you are ready to lose, and experiment with margin trading.
Thus, you will control the process, and not the process will control you.

Learning to control of your emotion should be the one we should overcome too before we give all in in cryptocurrency, as we are practicing trading, we should also practice how we are going to control our emotion in every scenario. Losing is part of the game, not everyone is winning everyday, but it's up to us how we can  trade responsibly, and how we can learn everyday, everything is in our hands.
newbie
Activity: 48
Merit: 0
November 19, 2019, 10:01:44 PM
#69
The Invictus Margin Lending Fund is now offering investors the ability to take advantage of the volatile nature of the cryptocurrency market without risking direct exposure.
legendary
Activity: 1834
Merit: 1036
November 19, 2019, 06:23:17 PM
#68
On the second line of your post where it says “signal”, thats the part where your friend committed a mistake. Signals even when you say thats its premium and you pay for it, its still not reliable. Maybe I will use it as a guide, but to make me decide using it 100%, its a NO. Trading itself is very risky, margin trading multiplies the risk even more.
sr. member
Activity: 1050
Merit: 377
November 18, 2019, 03:38:42 PM
#67
I also do not advise anyone to use margin trading. This can only be done by real professionals who have worked more than 10 years in the market. Because margin trading for newcomers is a common lottery in which new traders always lose.
If you yourself do not know how to trade, then read more articles. For example, I use the Neironix because there every day there is a quality technical analysis and market review. Yes, and on the news there you can trade
It is not even about being a professional trader, margin trade is generally a risky trade and I would not advise someone to go for it, although we have so many people that are in experience about this, so they will not understand this until they try it themselves and then fail, maybe then, they will learn from their mistake.

I remember that I never listened to people’s advice about going for margin trade and the worst thing about mine is that I was even greedy about my own leverage which I really leveraged high till I lost thousands of money to Forex trading and when I heard that they introduced margin trade to cryptocurrency also, I ran away from it like my dear life was at stake because I knew the experience I had passed through in Forex.

The fact of the matter is that people learn mainly from their mistakes.
It’s hard to learn from someone else’s experience, it’s much easier to try it yourself. After all, until you get burned, you won’t know what is really hot, no matter what you are told.
Therefore, the simplest and relatively safe method is to test margin trading with a very small amount, or you can use a demo account (for example, on paper).
Just to understand how difficult and risky the game is. It is better to take some money that you are ready to lose, and experiment with margin trading.
Thus, you will control the process, and not the process will control you.
legendary
Activity: 3094
Merit: 1127
November 18, 2019, 03:36:16 PM
#66
I also do not advise anyone to use margin trading. This can only be done by real professionals who have worked more than 10 years in the market. Because margin trading for newcomers is a common lottery in which new traders always lose.
If you yourself do not know how to trade, then read more articles. For example, I use the Neironix because there every day there is a quality technical analysis and market review. Yes, and on the news there you can trade
It is not even about being a professional trader, margin trade is generally a risky trade and I would not advise someone to go for it, although we have so many people that are in experience about this, so they will not understand this until they try it themselves and then fail, maybe then, they will learn from their mistake.

I remember that I never listened to people’s advice about going for margin trade and the worst thing about mine is that I was even greedy about my own leverage which I really leveraged high till I lost thousands of money to Forex trading and when I heard that they introduced margin trade to cryptocurrency also, I ran away from it like my dear life was at stake because I knew the experience I had passed through in Forex.
Have same experience yet ive been trading with ForEx for 2-3 years and im really aware of that margin trading.The thing here is that forex
doesnt have that much volatility compared to crypto.When we do talk about the level or risk then margin trading on this place is more risky
because of too much movement.We know on how volatile crypto is.It isnt bad to try though but always proceed with your own risk.
legendary
Activity: 2884
Merit: 1117
November 18, 2019, 03:20:50 PM
#65
I also do not advise anyone to use margin trading. This can only be done by real professionals who have worked more than 10 years in the market. Because margin trading for newcomers is a common lottery in which new traders always lose.
If you yourself do not know how to trade, then read more articles. For example, I use the Neironix because there every day there is a quality technical analysis and market review. Yes, and on the news there you can trade
It is not even about being a professional trader, margin trade is generally a risky trade and I would not advise someone to go for it, although we have so many people that are in experience about this, so they will not understand this until they try it themselves and then fail, maybe then, they will learn from their mistake.

I remember that I never listened to people’s advice about going for margin trade and the worst thing about mine is that I was even greedy about my own leverage which I really leveraged high till I lost thousands of money to Forex trading and when I heard that they introduced margin trade to cryptocurrency also, I ran away from it like my dear life was at stake because I knew the experience I had passed through in Forex.
sr. member
Activity: 1050
Merit: 377
November 16, 2019, 07:18:30 AM
#64
I also do not advise anyone to use margin trading. This can only be done by real professionals who have worked more than 10 years in the market. Because margin trading for newcomers is a common lottery in which new traders always lose.
If you yourself do not know how to trade, then read more articles. For example, I use the Neironix because there every day there is a quality technical analysis and market review. Yes, and on the news there you can trade

Neironix is a common analytics provided by many other experts, it gives almost nothing if you yourself do not know how to read charts.

Margin trading can be used by any trader who understands how to do this, and acting according to his trading strategy.
An exposing stop-loss, not rushing to extremes, a trader approaching trading with a cold head, will be able to fully cope if he does not make the entire deposit, but only part of it.
hero member
Activity: 1092
Merit: 501
November 15, 2019, 07:19:12 PM
#63
Emotional patterns emerged yesterday when the price of BTC in binance went wild at $ 8888- $ 8657, this liquidated many users with large leverage in just one hour. this teaches the importance of stop limits and the need to increase capital to increase liquidation distance.
only a small sample because the BTC movement is still in the support phase, margins do have a high risk.
I wonder if those traders ever read a book about trading that was honest about the huge risks of using leverage trading, because when I take the time to look around the Internet about it some articles talk about the risks but only superficially, leverage trading is solely for traders that have a lot of experience and have a very precise idea what to do to earn profits in the markets, and I'm sure that the majority of those that are getting their positions liquidated do not fulfil those requisites.
legendary
Activity: 1526
Merit: 1179
November 15, 2019, 04:54:10 AM
#62
Putting to an end of our trading career is a perfect solution rather than to continue doing but still ended up for nothing.
That would be the best, but if people were to be totally honest and rational, they wouldn't start trading to begin with. The problem people face is that they think that the next time will be different while that's not the case at all.

If the next time is different and they make a profit, that's purely because they were in luck, nothing else. That confidence boost makes them then take higher risk resulting in losses once again.

I feel kinda sorry for people going through this, but we are all responsible for our own actions, which means that stupidity has to cost people money otherwise they don't know that what they are doing is very stupid.
jr. member
Activity: 48
Merit: 1
November 15, 2019, 03:00:54 AM
#61
I also do not advise anyone to use margin trading. This can only be done by real professionals who have worked more than 10 years in the market. Because margin trading for newcomers is a common lottery in which new traders always lose.
If you yourself do not know how to trade, then read more articles. For example, I use the Neironix because there every day there is a quality technical analysis and market review. Yes, and on the news there you can trade
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