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Topic: Binance futures Are you full time trader ? - page 2. (Read 443 times)

hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
December 07, 2022, 05:30:20 PM
#28
I am not a full time trader like you. Because I like to hold gems until it's pump hard. Again I think future trading is much risky that's why I don't suggest anyone future trading with high leverage because there have a risk to be liquidated.
You don't need to become a trader like OP if your goal is to just buy, hold, and sell.
In fact, your understanding of Futures trading is right, it was too risky for beginners and not everyone can bear the risk that's why many traders are preferred to stay on spot trading rather than this. It was looking for a venue where we are about to stay comfortable and knowing the nature of Futures trading, only a few will take and try. Expert traders might take it but newbies, they will just lose their money.
hero member
Activity: 2730
Merit: 632
December 07, 2022, 02:08:30 PM
#27
Actually you can only be a successful trader if you become a full time trader otherwise little information and little time can misguide you.  Focus of Full time trader  is just on its ambition and they do not thing anything else so i will suggest that if you want success then consciousness each moment will increase your success. But one thing to be noted is future trading is so hard and is full of risk in my opinion.
People who are not great at trading should not become a full-time trader if they can't afford to. I mean full-time trader means that they would have to actually make a living out of it, and take money out each month. Whenever you have to buy groceries, or pay the bills or go out, all that money comes out of your trading capital and that's the biggest problem.

Full-time trading requires a huge capital to begin with, and you would need to trade each dollar move on high leverage to make a big profit. This also means you could lose all of that money too if it goes on the wrong direction and I would highly suggest not to do that if you are not a veteran trader already.
On the time that you would be able to consider yourself to switch up on becoming a full time trader is on the time you do really find yourself be able to sustain and make that profits despite of those pile of losses.
Its not really something that easy to make up such decision because you would really be needing that consideration before making up that step.We know that market cant guarantee us out with sure profit or simply with that assurance and since we are really that needing money then we do need to have another source of income aside from trading.If you cant be able to provide or sustain yourself with daily
living then its better to find some day stable job and make trading as a side income if you do able to do so.
member
Activity: 362
Merit: 12
December 07, 2022, 01:56:09 PM
#26
I am not a full time trader like you. Because I like to hold gems until it's pump hard. Again I think future trading is much risky that's why I don't suggest anyone future trading with high leverage because there have a risk to be liquidated.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
December 07, 2022, 10:51:24 AM
#25
Actually you can only be a successful trader if you become a full time trader otherwise little information and little time can misguide you.  Focus of Full time trader  is just on its ambition and they do not thing anything else so i will suggest that if you want success then consciousness each moment will increase your success. But one thing to be noted is future trading is so hard and is full of risk in my opinion.
People who are not great at trading should not become a full-time trader if they can't afford to. I mean full-time trader means that they would have to actually make a living out of it, and take money out each month. Whenever you have to buy groceries, or pay the bills or go out, all that money comes out of your trading capital and that's the biggest problem.

Full-time trading requires a huge capital to begin with, and you would need to trade each dollar move on high leverage to make a big profit. This also means you could lose all of that money too if it goes on the wrong direction and I would highly suggest not to do that if you are not a veteran trader already.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
December 06, 2022, 06:13:50 AM
#24
Actually you can only be a successful trader if you become a full time trader otherwise little information and little time can misguide you.  Focus of Full time trader  is just on its ambition and they do not thing anything else so i will suggest that if you want success then consciousness each moment will increase your success. But one thing to be noted is future trading is so hard and is full of risk in my opinion.
legendary
Activity: 2534
Merit: 1397
December 03, 2022, 04:27:59 AM
#23
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.
I believe that even though OP is good at trading, there are times that you still lose, it's not Christmas day everyday in trading. There are a lot of traders who are losing millions even those companies or trading firms, still, lose and some of them went bankrupt.
So for me, we must not feel comfortable always when doing trading, we must learn and grow along the way.
hero member
Activity: 602
Merit: 442
A Proud Father of Twin Girls 👧 👧
December 02, 2022, 08:25:45 PM
#22
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 thought this was a poem, not until I have to read and re-read because really understanding what you said and getting your point.
Maybe I think you deserve an accolade for being a binance full time future trader and on behalf of the entire Bitcoin talk forum I'm congratulating you, because if that's what you're really expecting, then I jus want to let you know that no one give a shit about who you are and what you do, not in this very forum.
I also saw someone trying to advice you to not trust an centralized exchange, maybe you might be aware of this and rather than seeing it from the wrong perspective, why not see it as a reminder to not leave your money in centralized exchanges.
hero member
Activity: 1148
Merit: 518
December 02, 2022, 07:06:14 AM
#21
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.
Binance is on of the best exchange I've use for trading and it's highly recommendable. Some of us are still ignorant of the fact that trading is not everyone, only the discipline and consistent ones. Been a full time trader is one of the most point out target by people craving to be expert in trading. Although it's not easy to open a trading position by mere guessing, the market can't be predicted in most cases but can be analyzed and how where the trade is going, but they're not always 100% accurate.
legendary
Activity: 2772
Merit: 1127
December 02, 2022, 01:30:21 AM
#20
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.
legendary
Activity: 1974
Merit: 1157
MAaaN...!! CUT THAT STUPID SHIT
December 01, 2022, 09:54:07 AM
#19
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 Wink

and you even beg for merit for posting the signal? did you get it? LOL
hero member
Activity: 826
Merit: 583
December 01, 2022, 09:51:36 AM
#18
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.
hero member
Activity: 1204
Merit: 563
🇵🇭
December 01, 2022, 09:49:27 AM
#17
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.
member
Activity: 1191
Merit: 78
December 01, 2022, 09:42:08 AM
#16
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.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
December 01, 2022, 07:17:58 AM
#15
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.
hero member
Activity: 1484
Merit: 608
Vave.com - Crypto Casino
December 01, 2022, 06:55:50 AM
#14
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
hero member
Activity: 896
Merit: 654
Leading Crypto Sports Betting & Casino Platform
December 01, 2022, 03:21:22 AM
#13
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?
hero member
Activity: 2282
Merit: 659
Looking for gigs
December 01, 2022, 02:30:37 AM
#12
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. 
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
December 01, 2022, 02:18:50 AM
#11
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.
sr. member
Activity: 2422
Merit: 357
November 30, 2022, 04:39:24 PM
#10
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.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
November 30, 2022, 03:59:04 PM
#9
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.
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