Topic: If i have 1k how to trade future - page 3. (Read 690 times)

The smaller the leverage, the safer it will be and we will be more careful in analyzing. This can pressure us so that we don't leave the psychological zone, remembering that the greater the leverage used, the higher the possibility of us being complacent and following our emotions. Therefore, when first learning to trade, it is best to use small leverage

If futures trading with $1000 is done correctly then a trader can make good money. If you have some idea about futures trading then you can use laverage below 5X in the beginning. Using laverage below 5X will greatly reduce your financial risk. Increasing the amount of laverage increases the risk of your money. I think it is good to think of relatively low profit but never losing money with excessive risk.  Trading futures with $1000 is good if we can make relatively little profit but trading with $1000 if we lose $1000 hoping for extra profit then we will not have enough money to trade later. It is a good decision for a trader to start trading with 1000 dollars below five x laverage.

I'm actually a little hesitant to say this, but it's a fact. If you are a beginner, it is not recommended to trade futures. Because after all, future trading or trading with leverage is very high risk. Indeed, it can make you get big profits in a short time, especially with that much capital. But on the other hand, you don't get a guarantee and also risk losing the money if the market suddenly changes or the position you take is wrong. Future trading requires precise analysis and careful consideration. We don't just think about the hope of getting a profit in 2 days using futures with leverage. That's all. But on the other hand, we also have to consider the risks because if we don't have the ability to trade futures, the risk of losing money will be even greater. so, nothing safe in trading future.

Maximum of 5x can be more safe here especially if you are planning to hole for at least two days, this can be enough not to be liquidated and also don’t forget to set-up at least your cur loss price to avoid losing big. The risk in future trading is there, so make sure you are ready for it and make sure you know how to do futures trading properly, or else you might lose everything here.

Well demo mode is a solution for a beginner who is afraid of losing money to practice trading skills, I highly recommend it, instead of wasting money on training, even though you can start with free things, because it works the same.

Only maybe the difference is in mental emphasis, when using demo mode, you will not be afraid of losing money, and when successful you will not get anything either, but the most important thing is when you want to trade the future is the analysis process and the tools used for the trading process, after understanding it then you start slowly using the money you want to try to trade.

Trading/spot/futures would really be ending up on becoming an investment on the time that you do find yourself get caught on peak or high price.  

This is really something that wont be suggested for a newbie to get engaged on. If you do really still value your $1000 then better skip out and would be putting up focus on spot and try out to make
that capital of yours to increase gradually and dont make haste on doing that because mistakes do really happen usually on these kind of moments and this is something that you
should really be watchful or else then that 1k of yours would be easily be blown away.

You should skip futures for now if you are really that a newbie on trading. There would really be a specific time for that on the time that you do
see that you are really that doing well in spot then this is the time that you would really be transferring out.

Investing is different from trading/spot, but he can always start in either of the two of them, but I prefer investing first while he learn trading on the background, so that he can immediately start earning something while he build his skills in trading. Other than using a small amount to practice, maybe there is also a demo version to learn futures, same as what we have in spot trading. He can start there to save even more money.

Risking all of your allocated capital in one go is very risky, especially if done in futures, and add in the fact that he is only just a newbie in it. Even the professional future traders themselves who already have what it takes are still not doing that, I believe.

First of all, OP mentions what kind of 1k, is fiat money (USD, EUR, PKR, IND, AUD, SAR, RUB, Yuan etc etc), or its, BTC, ETC, or any other cryptocurrency.

Secondly, TBH, don't trade futures better have patience play safe with risk management, and try luck in the spot market, More on it if you really want to try recklessly better seek guidance from the video tutorials about how to make orders in futures market, how set limits, TP, SP and much more it will be more effective comparing to any step on step guide provided by the users.

The higher the leverage the higher the risk will be. If this is the only fund you have then I suggest you use no more than 3X leverage as any big drop in the market will wipe out a big chunk of your balance. TBH i do not do futures trading and don't suggest anyone do that because the crypto market is highly volatile so a major market correction can cut my investment in half. In this situation spot market gives me the chance to hold my funds until Market recovers.

Future trading is very risky, if you are a newbie who gonna try future trading, then I would highly advise you to practice trading using demo account and balance. Future trading do gives you good profits, but along with good profits, high risk of losses also come. If you are not so sure about this, then it will be better to do some practice with the demo balance. When you are confident, analyse the risk involved and then place the bets.

As someone who has lost money in futures both in the past and recently, I would like to add my own experiences and I hope it will be useful for both you and everyone else.

First of all, it is very important to use stop loss for every transaction and this stop loss level should be determined by technical analysis. In addition, it is necessary to make very careful calculations when using stop loss in high leverage transactions because due to high leverage a stop loss order placed at a very close price may actually amount to 50-60% of the position amount. For this reason, it would be beneficial to analyze the stop loss point well and act carefully in order not to become a victim of a needle in a possible fluctuation.

I strongly recommend that friends with a capital amount of three digits use a maximum of 10 times leverage, friends with a capital amount of four digits use a maximum of 5 times leverage, and friends with a capital amount of five digits use a maximum of 3 times leverage. A high leverage amount not only causes your capital to melt away but also significantly increases the cost of your stop loss order at a very close price.

It would also be beneficial to take profits gradually because depending on the leverage ratio very rapid and serious changes occur in the amount of gain or loss in margin transactions. Therefore, closing the position in three or four moves and taking profits at certain price levels will definitely be a very good option.

On the other hand, it is necessary to avoid opening a transaction just for the sake of it. It is important to remember that in leveraged transactions we increase the risk rate with the leverage amount. In other words, opening a transaction for the purpose of having an open transaction under such risky conditions will only cause you to be more affected by possible losses.

I would like to remind you again, HIGH LEVERAGE SHOULD NOT BE USED!

That's all I can say for now, I hope it was useful. Oh, and I would like to remind you that what I wrote is not information I read or heard from a few places but rather the experiences I gained by confirming it with my own transactions and I lost a five-digit amount of money in dollars to turn these into my own experience.

Honestly, this is the type of responses I expected to see under this thread but I'm surprised to see some people suggesting the leverage to use. Op sounds like someone who's absolutely a novice in this space and I don't think he knows what he's about to do. Trading is not something that newbies should be running into due to the risk associated with it. At first he said safe trade and at the end he said safe leverage and these two obviously show that op has little or no experience about trading and there's every need to learn and experience with demo before thinking of engaging in that a risky journey called trading. By the way, that amount is too huge for a beginner who lacks experience.

How did you manage to trade in a way that you earn 1k$ daily by investing 1k$? It is too risky I think or you go with the full leverage? What was the scenario for your trading when you had already made that much of the $? Because I have also seen some users which can make daily 2k$ and they can also make more than that, but that was an average profit for them but I have seen that their portfolio is too large and they also gain potential through the coins they have already buy as in the recent market.

But the way you trade I didn't think the portfolio you have, you can make this much of the profit daily? Are you just assuming it or in real you have made this profit before? Do you still making this? If yes, what is the strategy you are following then can you share us, so I can take benefit by seeing your strategy and just following it if it is better for me in the trades.

Margin trading is very risky if you have not much knowledge about it. I also trade here which is very useful or harmful and I lose my fund to invest in margin trade. you can trade in spot trading which is good for anyone and I love here to trade here.

if I have 1k of course I will grow it, I will make my trading plan like before when I doubled the 1k in one trade tomorrow again now my capital is 2k when I double again tomorrow again until it grows of course I still need risk management

Leverage trading is too complicated to explain because sharp wicks can make my trading activities chaotic even though sometimes I have the right direction.
So far, I can make a profit from trading by doing spot trading.

Trading in general is never safe from risk. If you don't have enough experience, don't do leverage trading. If you still want to do it, it's better to first learn how to trade with the type you want.
I think it's easier for me to do spot trading to look for a little profit.

Many traders consider 2x to 5x leverage to be relatively conservative; leverage higher than 10x can significantly increase risk.
Trading always involves risk, and there is no sure-fire strategy. If you are new to trading, it is important to educate yourself, practice risk management, and start with small positions.
Before implementing any particular strategy it is recommended that you do thorough research and possibly consult with a financial advisor. In addition pay attention to the terms and conditions of the trading platform you are using.

That is not a bad idea, I think the number is fine too because 5% seems like a good way to go, I think that should be an important thing to handle and could be done greatly. I understand that it may not be all that great, and I understand that we may not end up with anything marginal, but at the end of the day it's a good thing and we should end up with something smart with it. That should be an important thing to do, it would definitely allow you to make a profit on the long run.

I believe that the best thing to do would be making sure that we are dealing with a greater profit, it could end up with some sort of return that will benefit everyone at all times and could be done in a way that will be making a great return.

There is no term of safe trade in future.
If you want to have safe trade, kindly choose spot trading. It is much safer than future.

Regarding the amount of money to use, it depends on how much money you afford to lose. I assume you won't be ready to lose 1k, right? So, I think 5% of the money is enough to be your capital in trading. However, I am curious about your capability in trading. How long you trade crypto coins? If you are a beginner, don't choose future.

I do not advocate starting with futures. I strongly advise trading in spot since, according to what you said, trading in futures is risky for you. I know you want to trade futures because you want to make money quickly, whereas spot trading requires more patience. To be honest, earning less is preferable to losing more in trading. That is why some traders simply trade on spot and are content with their profits. I suggest joining a mentorship program for futures trading to avoid losing money due to a lack of knowledge.