Topic: Many people become binance futures full time traders as job - page 2. (Read 1057 times)
Futures trading is a good source of income you can make a ride with the small trades and big trades but again the market is volatile because of the different buy and low of the investors most of the time is whales but you can see that with the use of the technical indicators. Being a trade not only the budget you need at the same time is the knowledge because you cannot commit a position without being prepared, speaking of prepared trading is the battle of emotions a high scale of decision making.
Your preferred cryptocurrencies can be shorted against the USDT pair once you have transferred USDT to your futures wallet. Yes, that would be a good choice, but you can never be guaranteed a job as such. It may be easier to pass if you do analysis against bitcoin but not USDT. My personal preference is to trade futures because of their ease of use, the general interface, and the trade options, along with having trailing stops.
Well, I think it's because of the ease of access and the instantaneous income in the future, many people want to try it. in fact, very many people I know today still do. they make it as a hobby and also their way to double money even though it also has risks. well, it's perfectly natural for them to do that, because it's something legit, and also makes a pretty quick profit. however, not everyone who makes this makes it their main job. Mostly, these people think that futures are a place to make extra money.
Trading on binance is not a full time job , a job is something that brings profit all the time, maybe daily , weekly or monthly without any loss(salary).
There is an argument in the past if Trading can be considered a job or not but for me, I favored calling this a job even though we can't assure about profiting every day. Well, but is not important.People in binance, I can classify what they as a business that has high risk. Trading like this is not what anyone can go into because of the risk involved in it, and it is not advisable for anyone to consider to be a fill time job.
Generally, that is what we saw in trading - risky. But as we talk about future trading and getting involved with this, we ate absolutely taking more risk than the usual spot trading. I know the idea of wanting to earn more but putting ourselves at higher risk like this, we are likely taking the suicidal move. 
Trading on binance is not a full time job , a job is something that brings profit all the time, maybe daily , weekly or monthly without any loss(salary). People in binance, I can classify what they as a business that has high risk. Trading like this is not what anyone can go into because of the risk involved in it, and it is not advisable for anyone to consider to be a fill time job.
99% of all short term traders lose money in the long run. There are very little that make a career out of it. It isn’t for most people. During a bull market it’s easy however in a bear or sideways market it’s difficult.
Some traders are started trading during a bull run so they believe they are already a professional and some believe they can survive with crypto trading and they don't need any job again, most of them don't have bear market experience, whenever we are in bear market they endup getting frustrated, it's not really easy seeing your money reducing on a daily basis and if you are in future trading, you will even be scared of getting liquidated.
I don't really see it as a full time job because if you're new on futures, mostly you're gonna be depress and frustrated because most of your trades are losses. You can't expect a good return in futures, so it's not good to quit your job and be a full time futures trader, but if you don't have a job and decided to trade in futures full time, then you have to be patient and have a plenty of money in order to have plenty of experience that will be the key on making profits on it.
Future trading is not for full time . Future trading can be use for some time. Futures trading should be used only when the market situation is fully understood and a target can be estimated with certainty. but if someone take future trading as full time job then he will definitely lose his Money I think futures is only for experienced and skilled traders. Losing could be part of future trading but they already know how to deal with its risks. It's for those who know how to play with the market's volatility each day and see every market situation as a continuous opportunity and yes, it isn't for everyone.
I lost more than $200 there, it's easy to earn $1 or $10 per day, but the risk you accept is also higher,
yup , the risk is that you can lose your capital if you do something wrong
I don't really see it as a full time job because if you're new on futures, mostly you're gonna be depress and frustrated because most of your trades are losses. You can't expect a good return in futures, so it's not good to quit your job and be a full time futures trader, but if you don't have a job and decided to trade in futures full time, then you have to be patient and have a plenty of money in order to have plenty of experience that will be the key on making profits on it.
Future trading is not for full time . Future trading can be use for some time. Futures trading should be used only when the market situation is fully understood and a target can be estimated with certainty. but if someone take future trading as full time job then he will definitely lose his Money I think futures is only for experienced and skilled traders. Losing could be part of future trading but they already know how to deal with its risks. It's for those who know how to play with the market's volatility each day and see every market situation as a continuous opportunity and yes, it isn't for everyone.
I don't really see it as a full time job because if you're new on futures, mostly you're gonna be depress and frustrated because most of your trades are losses. You can't expect a good return in futures, so it's not good to quit your job and be a full time futures trader, but if you don't have a job and decided to trade in futures full time, then you have to be patient and have a plenty of money in order to have plenty of experience that will be the key on making profits on it.
Future trading is not for full time . Future trading can be use for some time. Futures trading should be used only when the market situation is fully understood and a target can be estimated with certainty. but if someone take future trading as full time job then he will definitely lost his Money
I don't really see it as a full time job because if you're new on futures, mostly you're gonna be depress and frustrated because most of your trades are losses. You can't expect a good return in futures, so it's not good to quit your job and be a full time futures trader, but if you don't have a job and decided to trade in futures full time, then you have to be patient and have a plenty of money in order to have plenty of experience that will be the key on making profits on it.
So many people become binance future full time traders, yes it is very good decision but in my opinion i think that those who are not expert of doing this thing will probably loss their cash so just think about the experience if you think that you have some sort of learning about trading or future trading then surely you should do it but otherwise it is somewhat difficult to get success.
Obviously, at one time or another, you will experience a big lost specially if you don't have any experience in trading. But take that as a challenge and improved your self and look for the end goal. As what expert traders says, this is a journey, not something that you can learn in months or years. So better prepared to take L occasionally, but don't be discourage but continue to move up to be able to succeed. Just one step at a time and keep everything as a learning experience.
Me personally, I am not one of them. I have tried future trading in Binance but right now, I stopped from the end of last year.
To be honest, yes, some of the day traders really use Binance as a full-time job. I have some friends that are doing this, they are consistent, even during this kind of market condition, they are struggling with their future trading. That is not easy, for me, I will get so much stress, but for them, this is challenging. And because they have dedicated their job to day trading, especially future trading, they should know how to overcome or deal with this market situation. Although the result may not be as high as some previous months before the crash market, in fact, they still survive.
I really appreciate them, because of their consistency, patience, efforts, learning, and experiences.
I believe that it is not only on Binance but also on some other exchange platforms.
But, if you are new in future trading, never use future trading as a fulltime job, because whatever it is, future trading requires high risks.
To be honest, yes, some of the day traders really use Binance as a full-time job. I have some friends that are doing this, they are consistent, even during this kind of market condition, they are struggling with their future trading. That is not easy, for me, I will get so much stress, but for them, this is challenging. And because they have dedicated their job to day trading, especially future trading, they should know how to overcome or deal with this market situation. Although the result may not be as high as some previous months before the crash market, in fact, they still survive.
I really appreciate them, because of their consistency, patience, efforts, learning, and experiences.
I believe that it is not only on Binance but also on some other exchange platforms.
But, if you are new in future trading, never use future trading as a fulltime job, because whatever it is, future trading requires high risks.
many futures traders use their small money. In the last incident I read, quite a lot of futures traders were losing money because of futures trading.
influencers only share guesses made based on technical analysis. while market conditions may not necessarily continue to show the same trend. other factors will make the market move differently than we planned.
therefore it is better to focus on the analysis that we do ourselves. both spot and futures trading, I think if we do it wisely, I think we will make a profit.
They are likely to lose because future trading is not just simple trading like spot trading. But to say that they have nothing to blame, their experience will tell these people that future trading is not an ideal place for everyone, unless if you have a long market experience and trading. That is why I don't listen to those ads talking about earning huge money from future trading, these promoters never know and have no idea what they are talking about, they just wanted people to lose their money while having their commission. influencers only share guesses made based on technical analysis. while market conditions may not necessarily continue to show the same trend. other factors will make the market move differently than we planned.
therefore it is better to focus on the analysis that we do ourselves. both spot and futures trading, I think if we do it wisely, I think we will make a profit.
So many people become binance future full time traders, yes it is very good decision but in my opinion i think that those who are not expert of doing this thing will probably loss their cash so just think about the experience if you think that you have some sort of learning about trading or future trading then surely you should do it but otherwise it is somewhat difficult to get success.
Not really a good decision. I've seen those that have been hyped by these influencers that are into futures and taken many newbies excited on how much they're earning.Well, they're very aggressive in showing those 100+% of gains and the newbies think that it's easy to take that type of percentage gain. But realistically speaking, they don't show the amount but only the percentage amount and what if they're just around $5-$10 of gain?
That's misleading the newbies and that's why it's almost everyday I am seeing newbies getting burned from futures.
So many people become binance future full time traders, yes it is very good decision but in my opinion i think that those who are not expert of doing this thing will probably loss their cash so just think about the experience if you think that you have some sort of learning about trading or future trading then surely you should do it but otherwise it is somewhat difficult to get success.
Not really a good decision. I've seen those that have been hyped by these influencers that are into futures and taken many newbies excited on how much they're earning.Well, they're very aggressive in showing those 100+% of gains and the newbies think that it's easy to take that type of percentage gain. But realistically speaking, they don't show the amount but only the percentage amount and what if they're just around $5-$10 of gain?
That's misleading the newbies and that's why it's almost everyday I am seeing newbies getting burned from futures.
influencers only share guesses made based on technical analysis. while market conditions may not necessarily continue to show the same trend. other factors will make the market move differently than we planned.
therefore it is better to focus on the analysis that we do ourselves. both spot and futures trading, I think if we do it wisely, I think we will make a profit.
So many people become binance future full time traders, yes it is very good decision but in my opinion i think that those who are not expert of doing this thing will probably loss their cash so just think about the experience if you think that you have some sort of learning about trading or future trading then surely you should do it but otherwise it is somewhat difficult to get success.
Not really a good decision. I've seen those that have been hyped by these influencers that are into futures and taken many newbies excited on how much they're earning.Well, they're very aggressive in showing those 100+% of gains and the newbies think that it's easy to take that type of percentage gain. But realistically speaking, they don't show the amount but only the percentage amount and what if they're just around $5-$10 of gain?
That's misleading the newbies and that's why it's almost everyday I am seeing newbies getting burned from futures.
So many people become binance future full time traders, yes it is very good decision but in my opinion i think that those who are not expert of doing this thing will probably loss their cash so just think about the experience if you think that you have some sort of learning about trading or future trading then surely you should do it but otherwise it is somewhat difficult to get success.
Binance futures as a job? No way, it is a risky business for traders, taking it as a full-time job can be a dangerous choice for life. Especially leaving your daily job and focusing on futures trading can be emotionally challenging for those who are not pros in this field. Risk and money management are two main keys to controlling trading activity, I doubt new traders with few years of market trading experience will handle it easily. Maybe taking it as part-time job can be good choice if the trader has ability to manage his journey. Just my 2 cents.
You could not have said it better, I think that to take this into account as a job you have to be a person who has another income or who at least has a few years trading so that you can do good risk management and have a good mattress just in case a bad streak comes, I think that is one of the things to take into account, trade is not a game, some take it as something very lightly, but to take it to the work plane, I think it is necessary much wisdom. And I think it could be that a trader always needs to update, read many books and be up to date with world events.
Now many people becomes binance full tome time fututrs trader as full time.
It is not new, mate. I know many of my friends also do those things and they are exactly professional about this. Actually, it does not matter if you are trading in the future or not. The problem is on yourself, whether you are able to do it or not, you are able to hod and survive from all the risks or not. You are able to do as professional as you can or not. Although many cannot do that and many people are falling because of the future market, in fact, many people are still doing it and can survive, moreover earn money from that. Why it is so different? Because they are professional and have ability, knowledge, analysis, and also experiences. Remember, a professional trader is not the one that is never lost in trading, but the one that can manage himself in trading very well.
And once more, don't judge every trader as the same trader.
Futures trading is a type of trading where you have to deposit the amount of money you take with you on the futures trading platform.I was once very addicted to futures trading platforms. I lost more money than I profited.Not only me but everyone like me has lost their money and some have even become fakirs of the path.Even if it is a profit in the first stage, then due to not being able to get rid of that addiction, one has to lose the entire money.And that is Future Trading is a very addictive trading platform.
There must be money deposited so you can get started, In futures trading you must have good skills so that you can manage when trading futures, of course if all is not in skill then your money will be lost even with the hope that you get nil.Futures trading must be able to manage a little time and precise analysis I know this is a difficult job compared to spot trading but in fact winning futures trading is more interesting.
just been hyped on someone you do saw that doing futures trading and earning huge amount in a short span of time.Yes,it could really be that possible but not all would really be able to have a good grasps on it.
It is a type of trading where futures/leverage trading is really something risky and not really that recommendable for newbie traders for them to get involved with or simply when they are just new.
Some do make spot trading as a job and it would really be that situational or does depend on someones capability.
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