Topic: My story with leverage - page 2. (Read 302 times)

God! Margin is really dangerous.

In this case I highly recommend this risk monitor and stats reporting assistant. This is the only app I use and it helped me to increase my profit a lot.
It controls risks at several accounts (not like a stop loss, it has more options) and makes advanced reports. So you always see where you lose and what to improve

Here it is  - https://www.bitinsure.com/

Looks like this:

100x leverage will be possible when market do a jump on your direction. Or you might have a reserve funds to add more when market fluctuates (when you add more funds, it will be no more 100x leverage as your are diluting your capital). Leverage trading kills all the trading plans as it will not let you wait until market turns positive. People eye big profits due to leverages but never calculate how long they could withstand on negative direction.

I do see few traders leaving some funds for escaping from auto-square-off but when holding for days, they need to pay interests for the used leverages which again makes spot trading a heaven to make use.

If gambling houses offer leverage then we can try it by fixing a player but not sure how to do the same with markets. If there will be a chances for insider news from exchanges then you may opt for leverage to see enormous profits in short time.

Pretty sure nobody trades at 100x on Bitmex or at least not profitably. The 100x is really skewed towards Bitmex to protect themselves against losses that your trade will get liquidated earlier because of the high maintenance margin required. Basically on high leverage a large portion of your initial margin is the maintainance margin. So instead of a 1% loss cleaning you out, its only 0.5% which happens every few hours on BTC trading.

When you get liquidated, some of your funds go to the insurance fund and rest to the other party. Since the insurance is growing everyday, its shows you how many newbies are getting rekt due to this method. Just use 5-10x leverage max.

There's only 2 ways to address liquidations when there isn't sufficient market depth: socialized losses, or auto-deleveraging like Bitmex employs: https://www.bitmex.com/app/autoDeleveraging#Overview-of-Auto-Deleveraging-ADL

I've experienced both. I'm not sure which I prefer, honestly. It's pretty rare either way, only happens during insanely high volatility. That's the price we pay for access to high leverage.


Only pure gamblers. My bread and butter is 3-5x. Maximum 10x, which is reserved for very low risk entries.

It's like a gambling that the house always win but the only difference is that we have basis here in leverage trading. Our entry is based on our readings on technical analysis.


While it is true that it is better to be do some scalping because the funding fee will just gonna eat your fund. And i do some of scalping everyday, with 5-10x leverage and setting up stop loss every trades. Since scalping is too risky because there are too many sideways and unexpected happenings.


Supports and resistance are very important in leverage trading. Before, I used BB, MACD and RSI. But I have changed my indicators to EMA and RSI only. So far, those indicators I am using right now is profitable.

Yes, it is boring.

I currently trade on BitMEX, and I'm not a fan of socialized losses either, but I trust in their insurance fund and aggressive liquidation engine to prevent any sort of incident like what happened on OKEx, though it could very well happen on any platform even despite the systems in place to prevent such events.

I know some people who occasionally use high or 100x leverage, but those people typically use it as pretty much a gamble more than with serious trades, or they stop the trade out before it hits its (very) close liquidation price. I've gone up to between 25-50x on rare occasions with a small position as well, but I've never ridden any positions with this high of a leverage to liquidation.

Well, your story is really good fun, thanks for sharing, but there is something I wish you could try, in the case of Bitmex, just use a 10x leverage, the reason is simple, in Bitmex first settle the big positions like 100x, 50x and 25x many times they go for 10x, the odds decrease, and on the part of Binance I have not tried leverage very well, however, it is not good to abuse leverage, because as you affirm it can clearly become gambling and it is not What is sought.

I try to stay away from Bitcoin futures, simply because I don't like the way some platforms socialize losses among the winners, that's a god damn joke.

Because of this, I tend to just use BTC futures when a cash and carry opportunity arises, but I don't bother checking the charts anymore looking for these, simply because all my profits got wiped out by a socialized loss on OKEx one time.

Does anybody actually trade with 100x leverage? I have never gone about 25x because of how volatile the market is.

Yeah, when they are doing leverage, new people do not realize that even a single 0.1% drop in price could mean ALL of your money gone. That is something needs to be specified a lot better because many people who are newbies and lost money because of it also doesn't know that it works like that. I had plenty of friends who have lost money on leverages all because they invested in the correct movement but it first did a small reverse movement before going to their movement.

One friend recently literally put 0.1 btc (a lot of money where I am from) on long futures for example when it was around 9.6k , now its higher so he should have made profit right? Wrong, dude literally lost ALL of his money because it first went back to 9.3k before going to above 10k, so he lost all his money instead of making thousands of profit.

There's always a learning curve involved with leverage trading. It isnt as simple as vanilla trading and need a lot more thought processes behind it. You should never go all in on just 1 trade, to start with. How I do is, I have one primary long term trade and have multiple short term trades either to enhance my profits on the primary trade or to save it, if the market isnt kind.

Do you have tried Huobi margin trading ? i think margin trading is better than Leverage model trade.
in margin trade, the margin call 130%, and its more safe than leverage trade, where you can lost easily just by flash pump or flash dump.
of course stop loss and stop profit is the best way to minimize your loss, dont forget to use it in Margin trade or leverage trade.

One of the Major reasons traders make huge losses and get out of the market is Leverage

Newbies who are in trading for making huge money will most likely to take all leverage exchange provides , but newbies doesn't even think about risks leverage increases risks increases 

There are unlimited factors which drives market and that coupled with huge risks which trader cannot afford , he ends up with huge loss and kicked out of markets

I personally take 10times leverage and even less  when markets are bad

Hi. Today i want to tell my history at leverage in BITMEX and BINANCE and try explained what i have learndt. First: In most of the cases HIGH leverage is like a casino and the Exchange always will win. Anyway, at the start i don´t have won nothing, actually i loss more then 20% of my profit in only one '' long ''. But i realize is better perform operations (Short / long) maximun 1hour our 1/2 day (s), because if you dont do this you will lose so much at the tax and in the 'funding rate'. I realize that if you want to won USD you must have stop loss and stop gain, because without this in most of case you will lost a lot of money and this lost could be avoided. In my opinion the maximum of Levels you need is 3x, i usually use only 1x or 2x (it means I dont use leverage levels at this case '1x', but it is necessary if a want to short. If you are long without leverage '1x' is better just buy bitcoin at normal way, because in 'futures' or 'Bitmex' you will pay funding rate). One of the better ways to operate is look for suports and resistences, fibonnaci, Bollinger Bands, Moving average (50,200), and operate in charts of 15minutes and 1 hour. In my oppinion Binance 'now' is better then Bitmex, because 'now' you can operate in 'futures' with usd, not in btc like Bitmex. It means you can  trade btc and your usd't 'will be safe.




Ps: I'm sorry for any grammar mistakes.