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Topic: If i have 1k how to trade future (Read 690 times)

hero member
Activity: 1148
Merit: 518
December 14, 2023, 03:03:43 PM
#91
Don't think it is a good idea to put all your 1k in to futures trading especially if you ae very new to crypto . Start with small amount till you can be able to manage your profits and losses then you can increase the amount also as an advice avoid using too much leverage when trading.
Overleverage without counting proper risk management is often what blown trading accounts and makes trading to become very difficult for these set of traders. Any amount is presentable to be okay but it does depend on our portfolio because we can be trading knowing fully well that we don't stand strong. Trading future can become very competitive and profitable at the same time, it does require compacitated sectors that ought to become very smooth for most traders in the system. I started with small amounts and I would also advised you do the same because there's a whole lot to handle in the system.
hero member
Activity: 2884
Merit: 794
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December 14, 2023, 02:50:51 PM
#90
If you don't know how should leverage you need to safe trade against your initial capital, that means you are not a experienced guy in future trading, So I don't understand why you are so desperate in future trade? I recommend for Spot trading it will be more safe trade, not high chances to get quick liquidated such future trading.
It should be obvious why a person like that may want to trade futures even if they do not know anything about it, and that is because of the massive increase in the profits they may get if they make a series of successful trades, spot trading is safer but the profits are smaller too, so it is unlikely too much money can be made when your starting capital is 1k, however if a person uses leverage while trading futures then they may think their profits could increase exponentially, not noticing that their losses could increase exponentially as well.
sr. member
Activity: 1008
Merit: 262
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December 08, 2023, 01:53:10 PM
#89
If you don't know how should leverage you need to safe trade against your initial capital, that means you are not a experienced guy in future trading, So I don't understand why you are so desperate in future trade? I recommend for Spot trading it will be more safe trade, not high chances to get quick liquidated such future trading.
If op have $1k I don't think trading the future market would be a good decision because he could lose the money especially when he leverage on it and the market turn against him. This same thing had happened to many traders and they lost severely in the market.
The best decision is for one to use the money to invest in good projects that would yield huge profits like invest in good meme project that has good team and large community that would able to support the project.
jr. member
Activity: 1708
Merit: 3
December 08, 2023, 10:48:08 AM
#88
Don't think it is a good idea to put all your 1k in to futures trading especially if you ae very new to crypto . Start with small amount till you can be able to manage your profits and losses then you can increase the amount also as an advice avoid using too much leverage when trading.
full member
Activity: 532
Merit: 163
December 08, 2023, 10:40:10 AM
#87
If ihave 1k how much to use margin for safe trade

To hold position for say two days

And which safe laverage to use
op First of all you need to understand where you want to trade alt coin or bitcoin. Basically what coin you will be trading. It must be fixed first that not every coin requires leverage. There are many coins in alt coin that you don't need to leverage so first you need to decide which coin you want to trade.
full member
Activity: 856
Merit: 111
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December 08, 2023, 10:15:05 AM
#86
If you don't know how should leverage you need to safe trade against your initial capital, that means you are not a experienced guy in future trading, So I don't understand why you are so desperate in future trade? I recommend for Spot trading it will be more safe trade, not high chances to get quick liquidated such future trading.
sr. member
Activity: 1386
Merit: 406
December 08, 2023, 08:09:15 AM
#85
You directly mentioned futures trading, before doing futures trading I want to ask you one question that is how much do you know about trading. Don't misunderstand me for asking how much you know about trading but I am asking this question for your own good. If you have little knowledge about trading or if you have no experience in spot trading then it is better not to decide on futures trading in the beginning. The riskiest trading in crypto currency is futures trading and you want to use a thousand dollars early in your career to trade futures. You can lose your $1000 in a moment if you can't trade futures in the right coin at the right time. You need to understand about futures trading and you need to have a good idea about how much risk you should be trading futures on which coin you can decide on futures trading.
hero member
Activity: 896
Merit: 654
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December 08, 2023, 08:02:49 AM
#84
Op, it would have been nice if you tell us whether you are experience trader or beginner with trading, but from your question, one would conclude that you are a beginner trader. Therefore, I suggest you stay away from trading futures right now because it doesn't matter how much you are using to trade, so far you have little or no experience there is a higher chance that you're gonna lose that money, so save your money, time, stress and pain it will cost you when you might have blown the funds and invest it into learning, then when you must have gotten the knowledge and experience required to trade futures then you can start your futures trading journey.

yes, he should have some experience in trading. At least you have enough experience in spot trading. it can give him a good picture for market analysis in futures trading.
and also he has to start with a small value first, don't play too much with large leverage. After really mastering futures trading, if you want to add more capital, that's not a problem. The most important thing is that he understands the risks.
Spot trading is nothing compared to futures trading, so we should not advise anyone to use them for comparison, or else, the person might regret it. Spot trading is not a leveraged product, at least when you are trading a particular asset without using tokens to multiply the risk, but for futures trading, one should note that the risk is high and the best to deal with it is when they are so sure of your trading expertise, it's never a child's play.

Regardless, one thing I love in the world of leverage is that no one is forcing you to use all the risk permissible by your leverage. Personally, I like to select the highest leverage permitted by the broker or the trading platform I use, yet, I ensure that I trade based on my plan only, I don't allow the leverage to control me. Risk control in my trading has never been an issue for me, and once a trader can work on their trading emotions, the issues of trading with high leverage will be out of it all.

The remaining criteria for success that matter is for the trader to have a good trading system and plans regarding it and be such that will stick to the plans with the right psychology of trading.
hero member
Activity: 2884
Merit: 794
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December 07, 2023, 03:12:48 PM
#83
Newbies should be even more conservative than that, since their level of skill is so low they should start their journey from the very beginning and that means becoming long term holders at first, as this is the activity that entails the least risk on this market, eventually they could implement strategies like DCA and buying the dip, and only once they have mastered those skills then they can think about the spot markets, and if they did all of that and were successful then they could think about the possibility of trading futures.

In my opinion, it's best for OP or us, if possible, to stay away from futures trading altogether, don't even try it even if we are experienced people in the market. Because even if you are a holder or spot trader but have never participated in futures trading, you do not have any experience with it. The risks are still huge for anyone participating in futures trading, whether newbies or old in the market.

Futures trading is no different from gambling, it is no longer a form of investment like holding and spot trading, so it is best to limit participation in them. Honestly, I've never seen anyone get rich from futures trading, have you seen anyone?
And I agree, however if people are going to try anyway then they need to follow the proper procedure, newbies try to run before they even know how to walk and it is obvious they are going to suffer huge losses if they try to become futures traders, so they need to start slow and gain experience for years before they can even make an attempt to become futures traders, and by the time they gain the necessary experience they will realize how mistaken they were about it and simply avoid it when the time comes.
hero member
Activity: 2002
Merit: 534
December 05, 2023, 10:31:39 AM
#82
If ihave 1k how much to use margin for safe trade

To hold position for say two days

And which safe laverage to use

For me 1,000 USD is not enough money to start trading futures with a margin account. I have done so in the past with a few friends and we started out with 5,000 USD using x5 leverage, which still lead to large swings that would go up or down 10-20% in a day. Two days is not such a long time, so you probably have to worry less about larger swings. But why not keep trading more in the spot market with your 1,000? Prices are going up and down a lot lately and we can profit of the volatility in the spot market as well. Is this your only investment money or do you have other investments? Without any additional cash to cover margin calls you could be forced to sell your position at a loss. Assuming this is your first future trade I would recommend you stick to a small leverage and don't take too much risk.
hero member
Activity: 826
Merit: 583
December 03, 2023, 06:55:16 AM
#81
Op, it would have been nice if you tell us whether you are experience trader or beginner with trading, but from your question, one would conclude that you are a beginner trader. Therefore, I suggest you stay away from trading futures right now because it doesn't matter how much you are using to trade, so far you have little or no experience there is a higher chance that you're gonna lose that money, so save your money, time, stress and pain it will cost you when you might have blown the funds and invest it into learning, then when you must have gotten the knowledge and experience required to trade futures then you can start your futures trading journey.

yes, he should have some experience in trading. At least you have enough experience in spot trading. it can give him a good picture for market analysis in futures trading.
and also he has to start with a small value first, don't play too much with large leverage. After really mastering futures trading, if you want to add more capital, that's not a problem. The most important thing is that he understands the risks.
sr. member
Activity: 364
Merit: 195
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December 03, 2023, 06:47:48 AM
#80
If ihave 1k how much to use margin for safe trade

To hold position for say two days

And which safe laverage to use
I will answer your question first you can use any amount of leverage here 5x 10x 20x 25x 50x 100x its totally up to you. Now I want to tell you, do you know well about futures trading? Futures trading is a platform where once you enter you can never get out. Futures trading is compared to gambling platforms. Because once you lose money on a gambling platform, you cannot get it back, similarly, if you lose money on a futures trading platform, you cannot get it back. However, futures trading platforms are more dangerous than gambling platforms. I am sure if you go into futures trading with $1000 you will lose $1000. Instead of losing 1000 dollars if you are experienced in spot trading platform do spot trading it will save you 1000 dollars and make some profit.
sr. member
Activity: 1400
Merit: 420
December 03, 2023, 05:37:47 AM
#79
If ihave 1k how much to use margin for safe trade

To hold position for say two days

And which safe laverage to use
Future trading is much risky like gambling so if you have 1k fund the it is enough for spot trading and make $10-20 profit daily then why you should use future with 1k usd? The faster you want to profit, the more your risk will increase, so you will never be safe in future trading.  And if you go to futures trading with $200-500 or whole.  2-3x leverage can keep you somewhat safe if you trade futures with 1k. But I would say that it is better not to do futures
hero member
Activity: 1218
Merit: 608
December 03, 2023, 12:41:58 AM
#78
It seems that people just want to trade without having basic knowledge in trading and that's a dangerous decision that you guys are trying to make.

Do not trade when you don't even know how to start but how will you gain experience if you won't try? Simple, just don't get into the high amounts because you might not like it.

Much better to get a head start with those trial modes or demo accounts that are also being offered by the exchanges or some may not offer it but can start with minimum amount.
Some trader not only less knowledge with trading but also want to earn much and fast profit trough future trading, follow the other trader way have been success in the future trading by sharing their profit earning every day without knowing some future trader got thousand time of email liquid notification.
Trade with high amount is not much problem if choose spot trading but difference when start with future trading have bigger risk exactly with fund will get liquid or all fund loss. Not problem when start trading with real or demo account when have experience on spot trading will easily to understood about future trading.

Management money is most important thing when begin with future trading, how to spent few percent of fund to make away from liquidation price and keep position secure until raise price based on our predicting.
member
Activity: 560
Merit: 18
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December 02, 2023, 07:33:13 PM
#77
If ihave 1k how much to use margin for safe trade

To hold position for say two days

And which safe laverage to use

  Honestly, I have not tried to trade futures because my understanding of futures trading is not yet extensive. I'm also a little confused; I don't want you to try to bother me. Of course, my capital is also important to me.

  Maybe all I can say is make sure that the coin you will use for future trading can give you a profit. The set-up you do must be correct because you know that if something goes wrong in the set-up, you will lose immediately for sure in the end.
hero member
Activity: 3024
Merit: 680
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December 02, 2023, 04:36:35 PM
#76
It seems that people just want to trade without having basic knowledge in trading and that's a dangerous decision that you guys are trying to make.

Do not trade when you don't even know how to start but how will you gain experience if you won't try? Simple, just don't get into the high amounts because you might not like it.

Much better to get a head start with those trial modes or demo accounts that are also being offered by the exchanges or some may not offer it but can start with minimum amount.
legendary
Activity: 2268
Merit: 1655
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December 02, 2023, 04:28:23 PM
#75
If ihave 1k how much to use margin for safe trade
To hold position for say two days
And which safe laverage to use

The less leverage you use, the longer you will be able to hold a position if the price moves in the opposite direction to your expectations. But are you sure that you are ready to trade futures? Or have you already achieved success in the spot market and want to experience new unforgettable emotions associated with liquidation?
hero member
Activity: 1022
Merit: 600
December 02, 2023, 01:18:18 PM
#74
Op, it would have been nice if you tell us whether you are experience trader or beginner with trading, but from your question, one would conclude that you are a beginner trader. Therefore, I suggest you stay away from trading futures right now because it doesn't matter how much you are using to trade, so far you have little or no experience there is a higher chance that you're gonna lose that money, so save your money, time, stress and pain it will cost you when you might have blown the funds and invest it into learning, then when you must have gotten the knowledge and experience required to trade futures then you can start your futures trading journey.
sr. member
Activity: 1008
Merit: 262
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December 02, 2023, 01:03:31 PM
#73
If ihave 1k how much to use margin for safe trade

To hold position for say two days

And which safe laverage to use

Do you know anything about crypto trading, as beginners like you frequently inquire on the forum? Do you know what kinds of trading take place here? There are numerous trading options available here, including spot trading, futures trading, perpetual trading, margin trading, and leverage.

If you don't have any experience or ideas about what I've described, I can only propose that you start with the spot first, because the remainder of what I've mentioned is too intricate and can generate confusion that you won't comprehend right away. And this is most likely what other communities here have said or told you.

We don't need to go into future trading since it has more risks than other types of trading. The future trading is all about forecasting about what will happen in the future. Future traders need to be very accurate in the anlysis and predicts to be able to make profits from the market. Those that are newbie traders might not know more about how this really works. The market is full of different pattern of trading and the best thing we can do is to find ways to educate ourselves or better still learn how to trade online on different sites or watch YouTube videos.
legendary
Activity: 2086
Merit: 1058
December 02, 2023, 12:18:05 PM
#72
In my opinion, it's best for OP or us, if possible, to stay away from futures trading altogether, don't even try it even if we are experienced people in the market. Because even if you are a holder or spot trader but have never participated in futures trading, you do not have any experience with it. The risks are still huge for anyone participating in futures trading, whether newbies or old in the market.

Futures trading is no different from gambling, it is no longer a form of investment like holding and spot trading, so it is best to limit participation in them. Honestly, I've never seen anyone get rich from futures trading, have you seen anyone?
That's the point  for the newbies, don't get me wrong I am not saying nobody should do futures, but if you are not expert at spot trading then you should not be trading at futures neither, it will not give you any benefit. The trouble at futures is that you could lose 100% of your entered amount, with just one bad movement and it's all gone and you should stay away from that as much as you possibly could.

I understand that it may not sound all that possible to people, like how could you be that wrong, but yeah it's the reality at futures. This is why it's much better if people could just avoid futures until they are already making so much at spot trading that they are just looking for a way to increase that and spot isn't enough anymore.
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