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Topic: My guide on Leveraged trading (Read 388 times)

sr. member
Activity: 924
Merit: 275
November 16, 2020, 09:26:17 AM
#28
I don't yet try leveraging my trading. I just scalp and swing my capital. What I want to know further more is to leverage my funds and I cannot still try it. Thanks for sharing this information because it is helpful for noob trader who wants to increase their knowledge in trading. I think you can have this leveraging strategy when you are a swing trader. Because day traders want to fulfill their entries in a specific time so that they can sell it all immediately.
It is good that you don't do leverage trading because I have faced worst times with leverage trading because I was trading with leverage on Binance when the price for Bitcoins went down earlier this year and I had to sell the bitcoins else I would just lose everything to the margin.

It is always better to trade with your own money and ensure that you can wait even if the price goes down because that gives you freedom to wait even 6 months if you want and everyone knew the Bitcoins will again gain their value but the problem with leverage is that you either deposit more to cover up or you will loose once the price drops to a certain level.
It is not advisable for those new traders to do margin trading first because they should master and acquire a lot of experiences in spot trading first. The stories about new traders who are losing because of margin is not new anymore and for me it is the reason why it is advisable to do spot trading first than doing margin. Leverage is good as long as you are now experienced trader where you can handle huge risks in the market, If you really want to open and do a margin trading; my advice is you should not do over leveraged wherein for me the maximum leverage for the beginners are ranging into 10x - 20x. Do not take leverage more than 100x because for sure one wrong move, you will lose all of your capital.
sr. member
Activity: 504
Merit: 259
November 14, 2020, 05:07:39 AM
#27
Thank you for detailed information in the article. Do the exchanges you mentioned allow to open leveraged positions in opposite directions at the same time? What if you add to your previously opened position, does it effect your entry price?

I use Bybit.
If you want to open positions in different directions, you need different accounts.

If you add to a position, it will move the entry accordingly.
hero member
Activity: 2926
Merit: 640
November 11, 2020, 03:17:47 PM
#26
Thank you for detailed information in the article. Do the exchanges you mentioned allow to open leveraged positions in opposite directions at the same time? What if you add to your previously opened position, does it effect your entry price?
Please read the article once because I was unable to find any exchange link given in the whole article. The article is really good and best point through the article I felt was - Determining Bias. This is really important and one thing we all miss during the leveraged trading.

I do not like leverage trading personally because I always think that instead of borrowing money and paying interest it is better to just deposit my own money and by the grace of God I have enough as much as I want to deposit and trade so I don't feel the need to borrow money.

But nonetheless a great article for people who want to trade big with small capital and are new to how things work.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
November 11, 2020, 11:03:34 AM
#25
This thread is very helpful I didn't expect this could possible you can make a large earning without too much increasing if leverage most of the people suggest that make leverage over 20x but this technique requires only less than 5x this is great too because right now I'm planning to bring back my self to make another trade just to earn some quite short additional profit.

Thumbs up for you OP great thread.
legendary
Activity: 2660
Merit: 1074
November 11, 2020, 10:45:42 AM
#24
I don't yet try leveraging my trading. I just scalp and swing my capital. What I want to know further more is to leverage my funds and I cannot still try it. Thanks for sharing this information because it is helpful for noob trader who wants to increase their knowledge in trading. I think you can have this leveraging strategy when you are a swing trader. Because day traders want to fulfill their entries in a specific time so that they can sell it all immediately.
It is good that you don't do leverage trading because I have faced worst times with leverage trading because I was trading with leverage on Binance when the price for Bitcoins went down earlier this year and I had to sell the bitcoins else I would just lose everything to the margin.

It is always better to trade with your own money and ensure that you can wait even if the price goes down because that gives you freedom to wait even 6 months if you want and everyone knew the Bitcoins will again gain their value but the problem with leverage is that you either deposit more to cover up or you will loose once the price drops to a certain level.
jr. member
Activity: 42
Merit: 2
November 11, 2020, 09:23:34 AM
#23
Thank you for detailed information in the article. Do the exchanges you mentioned allow to open leveraged positions in opposite directions at the same time? What if you add to your previously opened position, does it effect your entry price?
member
Activity: 560
Merit: 13
November 11, 2020, 07:08:42 AM
#22
I don't yet try leveraging my trading. I just scalp and swing my capital. What I want to know further more is to leverage my funds and I cannot still try it. Thanks for sharing this information because it is helpful for noob trader who wants to increase their knowledge in trading. I think you can have this leveraging strategy when you are a swing trader. Because day traders want to fulfill their entries in a specific time so that they can sell it all immediately.
jr. member
Activity: 99
Merit: 2
November 11, 2020, 06:14:18 AM
#21
have you tried https://trading.wunderbit.co/en for leveraged trading?
sr. member
Activity: 504
Merit: 259
October 30, 2020, 11:40:38 AM
#20
That's why I always keep just a fraction of my leveraged trading funds on one account.

I have about six leveraged trading accounts, and still I keep over half the funds I want to keep available for Leveraged trading offline until they are needed in one of the accounts.
hero member
Activity: 1132
Merit: 536
October 29, 2020, 02:56:07 PM
#19
Hi guys,

For the past year I have been practicing and experimenting trading with maximum Leverage.

I have now written my findings down in a guide

 https://medium.com/@sambrans/mastering-trading-with-leverage-a-lucid-guide-b918696384f0

I would love to receive feedback.

Knepala

Thanks Knepala for sharing knowledge and your experience with leverage trading.
But I think for any new trader or even for experience one also, putting SL is very important. You have mentioned that you never put SL up to 5x leverage. I don't think this a good idea, especially for new traders.
Eg: Say if my capital is $100000 and I am trading at 5x leverage with no SL, and market crash by just 10%. So my loss would be 10000*5=50000. And in Crashes, even cross margin won't help much. This mean I will lose 50% of my capital in 1 day, due to drag down effect. Here SL comes into role. I know crash does not happen daily, but Most investors lose all their profits which they have earned in crashes only.
This is my opinion, you are welcome to give your feedback.
legendary
Activity: 3808
Merit: 1723
October 29, 2020, 12:12:19 AM
#18
Leveraged trading ideas are good but its strategies need to be followed searching for information to include other financial instruments to enhance financial efficiency we have a minimal guide compilation that will educate anyone new to the market. Leverage brokers pay you the amount you paid to enter the trade this is the opposite of margin which means the minimum amount of money for a broker to invest before investing increases the probability of profit per trade high leverage can increase your losses.

Well you need to understand that the reason why brokers and exchanges offer margin and leverage trading in the first place is because they make their money based on volume. So the more volume that is executed the more money they will make. If someone has $1000 and takes 1 trade with 0.10% fee the broker will make $1 for one side of the trade. For round trip its $2 and since there is a counterparty they would make $4.

So if they offer 3x leverage they can make basically $12 per $2000 that traders hold on their accounts. Usually new traders overtrade and the brokers love that. And face it, most people are greedy so they will go max leverage as they can to make the most profit and they usually end up losing it all.
member
Activity: 868
Merit: 15
October 28, 2020, 11:45:12 PM
#17
Leveraged trading ideas are good but its strategies need to be followed searching for information to include other financial instruments to enhance financial efficiency we have a minimal guide compilation that will educate anyone new to the market. Leverage brokers pay you the amount you paid to enter the trade this is the opposite of margin which means the minimum amount of money for a broker to invest before investing increases the probability of profit per trade high leverage can increase your losses.
sr. member
Activity: 1330
Merit: 326
October 28, 2020, 11:03:30 PM
#16
I was amazed at how you made a leverage trading tips and guides. This will be a great help for those traders that wanted to try new way of acquiring tips and strats. Like this one;

Quote
Now, I use multiple accounts, and you should too.
I will be going Long on one account and focusing on Shorting on another.

This is what you called hugging trading strat. Two accounts with opposite entries. However, this must be learn carefully as it was very risky. Ive tried this once but it must be watch as you will be liquidated at both accounts.

But, what I learn in your article is doing scalpinh and margin in two different accounts. I usually do one before. In this case, it needs more focus since you are integrating two entries and we know that the market is unpredictable.
legendary
Activity: 2030
Merit: 1189
October 28, 2020, 06:40:18 PM
#15
Made some improvements to the guide.


As of now the guide is pretty long, so the first thing to get over is to keep on reading. If interested enough you find that by reading it you get a few tips on where to go and how to go about monitoring your trading.

I would say though that this is no guide for beginners, there is a lot of technicality even for some experienced traders. However, the benefit is that you might find new strategies or indeed come up with some yourself after reading this.

sr. member
Activity: 1456
Merit: 359
October 28, 2020, 04:33:11 AM
#14
Having a 11% daily profits in a conditional situation is something any traders wanted to achieved. It's not easy and there are lots of anticipation to be made, plus the time that you have to spend mastering this volatile market condition,.

If you already established good strategy you'll find yourself enjoying waiting for the green sign to close out your position. 

your guide is something that will catch interest of those readers who are still
in the process of building their strategies inside trading business.


I think what's hard there is to be consistent because we know that the market is too volatile and everything can change and no one can predict the price. Even if we are full time trader, we are still have a boss and it is the price action. The higher the leverage the higher risks but the rewards are also higher and there are many traders that are losing with the use of high leverage because they are being blind because of the potential rewards that they can get. Building a trading system is important wherein we have a process how to pick a right coin to trade where we know our entry points and also understand how risky it is.
jr. member
Activity: 33
Merit: 1
October 28, 2020, 04:26:37 AM
#13
Super Article About trading with Leverage.


Hi guys,

For the past year I have been practicing and experimenting trading with maximum Leverage.

I have now written my findings down in a guide

 https://medium.com/@sambrans/mastering-trading-with-leverage-a-lucid-guide-b918696384f0

I would love to receive feedback.

Knepala
sr. member
Activity: 504
Merit: 259
October 25, 2020, 07:07:35 PM
#12
Made some improvements to the guide.
sr. member
Activity: 504
Merit: 259
August 10, 2020, 10:55:18 AM
#11
..I would love to receive feedback.
...

In your guide, you show examples of trading with X100 leverage. Only for me it remains unclear how exactly you place an order to buy / sell BTC at 1%, that it always turns out profitable for you. After all, it is enough for the price to go against you by only 1% and this will entail the liquidation of your deposit.

Cross Margin. I always use Cross Margin with the method explained.

Thank you for the feedback all!
legendary
Activity: 2268
Merit: 1655
To the Moon
August 10, 2020, 09:45:54 AM
#10
..I would love to receive feedback.
...

In your guide, you show examples of trading with X100 leverage. Only for me it remains unclear how exactly you place an order to buy / sell BTC at 1%, that it always turns out profitable for you. After all, it is enough for the price to go against you by only 1% and this will entail the liquidation of your deposit.
full member
Activity: 2520
Merit: 204
August 09, 2020, 07:40:06 PM
#9
I like the idea where OP's highlighting to start small, it's very important to learn your attitude
when doing this business.
Most of those new traders are prone to emotional ways of trades, failing to manage their funds
carefully and lose along the way.
You have to be more on taking care of your investment, having a good risk management will
save you a lot while engaging to this business.
It's better to take the longer journey than busting all your funds when you failed to control your
emotions.
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