Success in futures trading after long wait.

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Quote from: rozak on March 01, 2023, 11:16:13 PM

Quote from: NicNacCoin on March 01, 2023, 11:08:07 PM

Yes futures trading platform is high risk. Here you can make huge profits in a moment and lose again in a moment. For this reason, one of the things to avoid while doing futures trading is greed. A person who is greedy in futures trading platform is at a loss and loses all his money because of his small mistakes. So I would like to say that those who want to do futures trading must gain experience in trading. Also, when you go into liquidation, the balance should be taken into your account before adding liquidation. So that later you can add to your trading platform.

Futures trading has been widely recommended only for those who do have experience and good emotional control. those who can control their emotions in futures trading, of course, have qualified trading skills. and it can save you from the risk of greater losses.
unfortunately, many of them post the results of futures trading on social media. it attracted several relatives and colleagues to engage in futures trading. and without good knowledge, it will only make a loss.

In short, make yourself that profitable on spot trading first before you would be touching up futures because it is really that not something that you could easily deal with.The higher the leverage the more risky it would become because you are really that making yourself that easily get liquidated once the market would be moving out huge whether going up or down.Making profits would be much more better if we do compared out
with spot but the risks is more higher which is understandable.This is why its really that important that you should really be aware on how you would really be gonna deal with futures.
You could try for yourself if you could bare up with the risks or not.

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Quote from: NicNacCoin on March 01, 2023, 11:08:07 PM

Yes futures trading platform is high risk. Here you can make huge profits in a moment and lose again in a moment. For this reason, one of the things to avoid while doing futures trading is greed. A person who is greedy in futures trading platform is at a loss and loses all his money because of his small mistakes. So I would like to say that those who want to do futures trading must gain experience in trading. Also, when you go into liquidation, the balance should be taken into your account before adding liquidation. So that later you can add to your trading platform.

Futures trading has been widely recommended only for those who do have experience and good emotional control. those who can control their emotions in futures trading, of course, have qualified trading skills. and it can save you from the risk of greater losses.
unfortunately, many of them post the results of futures trading on social media. it attracted several relatives and colleagues to engage in futures trading. and without good knowledge, it will only make a loss.

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Quote from: ScamViruS on February 22, 2023, 09:49:02 AM

If the market goes against your position, it can become a thorn in your neck if you have to add funds to save this position from liquidation. Because if the market becomes more volatile and eventually your defense strategy fails then you will face a huge loss. So risk management is the most important thing in futures trading, here as you can make quick profits, you will also face huge losses due to small mistakes.

Yes futures trading platform is high risk. Here you can make huge profits in a moment and lose again in a moment. For this reason, one of the things to avoid while doing futures trading is greed. A person who is greedy in futures trading platform is at a loss and loses all his money because of his small mistakes. So I would like to say that those who want to do futures trading must gain experience in trading. Also, when you go into liquidation, the balance should be taken into your account before adding liquidation. So that later you can add to your trading platform.

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Quote from: kamvreto on February 28, 2023, 02:51:07 PM

Quote from: EdenHazard on February 27, 2023, 07:26:29 PM

Well op should share about the dark side of having a hurting loss so people especially beginners can learn about the risk about playing these risky activity , spot trading is the safest and future is the riskiest , not only making people lured into this.

Too much people falling into these kind stories.

not everyone wants to share or tell their losses to the public, they are too prestigious for that. they only share the profits and will be silent when heavy losses come. Futures trading is very unfriendly to those who don't know how to read the market. it's just a guess, but when the price guess is wrong and uses large leverage, losses will be right before your eyes. Everyone is allowed to take risks, but taking risks with futures without understanding how the system works is a stupid decision.

When those who only tell silly things with lots of advantages, believe me, they just want to entertain themselves from the losses that are happening behind the scenes.

This is prominent during the bull season. There are many successful trading stories on social media when it is bull market since most of the traders are winning because of the upward movement of the market. There are people who are pretending to be expert in trading by sharing their trading histories and the winning trades which are common in that season, Though the people who flexes on social media during bull market is no where to see during the bear market. I personally no longer see any "weird trading flexes" on social media anymore and because I believe that they can't survive this kind of bear market or don't have any experience on what kind of bull market do crypto have. I know so many people started trading by doing futures trading and I that most of them got liquidated after the big dump that started the bear market.

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Quote from: SirLancelot on February 27, 2023, 03:15:39 PM

I think it all started with spot trading. Before we become a futures trader, we first started with spot because it has some of the elements that is needed to learn futures trading easily so it would be weird if someone will just jump straightly on futures thinking it was more profitable than in spot only because they heard that it was risky but not all high risk are highly profitable right?

Yes of course your words are valued. Those who want to trade should first learn trading from spot trading. After gaining some experience from spot trading, only then entry into futures trading platform will avoid some risk. Besides, if they are directly on the futures trading platform, it will cause high risk for them and they will lose their money anytime. I have seen many people who do not understand anything about trading and jump straight into futures trading platform with little knowledge and lose their money there.

Quote from: SirLancelot on February 27, 2023, 03:15:39 PM

And there are also low risk but still highly profitable like for example investing in Bitcoin. You didn't bother sharing your strategy because you know that it might still not work with others but I know there are some who are too stingy to share their strategy for free.

There are many people who are very experienced but they never share their experience among people. I never thought it was right. I will definitely try to share what I know with people, it may be of benefit to others.

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Quote from: EdenHazard on February 27, 2023, 07:26:29 PM

Well op should share about the dark side of having a hurting loss so people especially beginners can learn about the risk about playing these risky activity , spot trading is the safest and future is the riskiest , not only making people lured into this.

Too much people falling into these kind stories.

not everyone wants to share or tell their losses to the public, they are too prestigious for that. they only share the profits and will be silent when heavy losses come. Futures trading is very unfriendly to those who don't know how to read the market. it's just a guess, but when the price guess is wrong and uses large leverage, losses will be right before your eyes. Everyone is allowed to take risks, but taking risks with futures without understanding how the system works is a stupid decision.

When those who only tell silly things with lots of advantages, believe me, they just want to entertain themselves from the losses that are happening behind the scenes.

EdenHazard

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Quote from: kamvreto on February 27, 2023, 06:48:04 PM

Quote from: SirLancelot on February 27, 2023, 03:15:39 PM

Quote from: Rigon on February 26, 2023, 10:49:18 PM

Yes definitely it is better not to enter the futures trading platform for newbies. Participating in spot trading platform may result in losses but hope for recovery later. But if you get hurt or lose in future trading platform then you can never recover. Once your balance is exhausted you will be given a liquidation call and all your balance will vanish. So I advise those who have no idea about this trading to stay away from futures trading.

I think it all started with spot trading. Before we become a futures trader, we first started with spot because it has some of the elements that is needed to learn futures trading easily so it would be weird if someone will just jump straightly on futures thinking it was more profitable than in spot only because they heard that it was risky but not all high risk are highly profitable right?

And there are also low risk but still highly profitable like for example investing in Bitcoin. You didn't bother sharing your strategy because you know that it might still not work with others but I know there are some who are too stingy to share their strategy for free.

Beginners are supposed to start from spot trading, with lower risk than futures trading. Usually those who start with futures trading do not really know the big risks that will occur. They are just victims of some advertisements or influencers who make it so easy to trade on futures platforms. No matter how much money is used, if you don't understand the risks that will occur, it will run out and be liquidated, especially when they use large leverage, the faster they will lose. Those who don't want to share strategies may also be because each strategy used is not the same and cannot be applied by others, or being too stingy might be the reason. But it would be very risky if the shared strategy failed and caused other people to suffer losses.

Well op should share about the dark side of having a hurting loss so people especially beginners can learn about the risk about playing these risky activity , spot trading is the safest and future is the riskiest , not only making people lured into this.

Too much people falling into these kind stories.

kamvreto

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Quote from: SirLancelot on February 27, 2023, 03:15:39 PM

Quote from: Rigon on February 26, 2023, 10:49:18 PM

Yes definitely it is better not to enter the futures trading platform for newbies. Participating in spot trading platform may result in losses but hope for recovery later. But if you get hurt or lose in future trading platform then you can never recover. Once your balance is exhausted you will be given a liquidation call and all your balance will vanish. So I advise those who have no idea about this trading to stay away from futures trading.

I think it all started with spot trading. Before we become a futures trader, we first started with spot because it has some of the elements that is needed to learn futures trading easily so it would be weird if someone will just jump straightly on futures thinking it was more profitable than in spot only because they heard that it was risky but not all high risk are highly profitable right?

And there are also low risk but still highly profitable like for example investing in Bitcoin. You didn't bother sharing your strategy because you know that it might still not work with others but I know there are some who are too stingy to share their strategy for free.

Beginners are supposed to start from spot trading, with lower risk than futures trading. Usually those who start with futures trading do not really know the big risks that will occur. They are just victims of some advertisements or influencers who make it so easy to trade on futures platforms. No matter how much money is used, if you don't understand the risks that will occur, it will run out and be liquidated, especially when they use large leverage, the faster they will lose. Those who don't want to share strategies may also be because each strategy used is not the same and cannot be applied by others, or being too stingy might be the reason. But it would be very risky if the shared strategy failed and caused other people to suffer losses.

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Quote from: Rigon on February 26, 2023, 10:49:18 PM

Quote from: kamvreto on February 26, 2023, 02:16:12 PM

Yes maybe a variety of what tips and strategies to use, but with the caveat that not all of the strategies the OP uses will suit others. Just as a suggestion or an example can be followed or not. Futures trading is a trade that is quite high risk compared to spot trading, therefore beginners who only want to enter without basic trading knowledge are advised not to do it.

Yes definitely it is better not to enter the futures trading platform for newbies. Participating in spot trading platform may result in losses but hope for recovery later. But if you get hurt or lose in future trading platform then you can never recover. Once your balance is exhausted you will be given a liquidation call and all your balance will vanish. So I advise those who have no idea about this trading to stay away from futures trading.

I think it all started with spot trading. Before we become a futures trader, we first started with spot because it has some of the elements that is needed to learn futures trading easily so it would be weird if someone will just jump straightly on futures thinking it was more profitable than in spot only because they heard that it was risky but not all high risk are highly profitable right?

And there are also low risk but still highly profitable like for example investing in Bitcoin. You didn't bother sharing your strategy because you know that it might still not work with others but I know there are some who are too stingy to share their strategy for free.

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Quote from: kamvreto on February 26, 2023, 02:16:12 PM

Yes maybe a variety of what tips and strategies to use, but with the caveat that not all of the strategies the OP uses will suit others. Just as a suggestion or an example can be followed or not. Futures trading is a trade that is quite high risk compared to spot trading, therefore beginners who only want to enter without basic trading knowledge are advised not to do it.

Yes definitely it is better not to enter the futures trading platform for newbies. Participating in spot trading platform may result in losses but hope for recovery later. But if you get hurt or lose in future trading platform then you can never recover. Once your balance is exhausted you will be given a liquidation call and all your balance will vanish. So I advise those who have no idea about this trading to stay away from futures trading.

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Quote from: _BlackStar on February 26, 2023, 11:44:46 AM

Quote from: Bobrox on February 26, 2023, 11:09:15 AM

Seems not really necessary for updating about how your success with future trading

It's fine to share the success on trading, but it's good idea if the OP also shares his trading strategy instead of just his success.
Somebody might expect that of him rather than congratulating him on his success, and I think it's more than great idea to be useful. I guess ideas like this are just rarely thought of, but I hope they'll do better while being grateful for the success.

Yes maybe a variety of what tips and strategies to use, but with the caveat that not all of the strategies the OP uses will suit others. Just as a suggestion or an example can be followed or not. Futures trading is a trade that is quite high risk compared to spot trading, therefore beginners who only want to enter without basic trading knowledge are advised not to do it.

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Quote from: Bobrox on February 26, 2023, 11:09:15 AM

Seems not really necessary for updating about how your success with future trading

It's fine to share the success on trading, but it's good idea if the OP also shares his trading strategy instead of just his success.
Somebody might expect that of him rather than congratulating him on his success, and I think it's more than great idea to be useful. I guess ideas like this are just rarely thought of, but I hope they'll do better while being grateful for the success.

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Seems not really necessary for updating about how your success with future trading because OP topic have been reading by many member exactly with beginner, they less understand about risk when investing in future trading actually got liquid notification and all fund loss. I am glad with your achievement in future trading but when your histories become inspiration for the beginner start future trading have bad impact for their financial.

Not only wit how much losing but also when the beginner started in future trading and loss much they will have bad assumption about cryptocurrency like gambling choose up or down.

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Quote from: Warkop on February 22, 2023, 10:40:44 AM

Quote from: bhooscream on February 11, 2023, 07:28:43 PM

I really understand how it feels to be successful and get high profits in futures trading after receiving many defeats and losses. Of course this is very exciting and also profitable. but on the other hand, this would actually be risky if we didn't have good financial management because we might want to trade more without knowing how to control our finances. So, it would be better if we stayed under-control and weren't too happy to keep our emotions in check. us to carry out further trading activities.

Becoming a successful person requires a high level of sacrifice and patience, sometimes we are defeated by economic needs outside of investment or some kind of unexpected need, often experienced by most people, that's why I learned to really be able to manage it all, for the most part. long-term trading needs to be called additional income beyond that, so it doesn't bother us when we experience financial mines, because we know playing long-term trading is full of risks and even our patience is tested with market conditions, the solution is just looking for busyness so we don't focus on the assets we have on exchange..

Sacrifice will always be there when we do anything, and that also applies to trading or investing. But sacrifice must be accompanied by knowledge, everyone can sacrifice, but not everyone who sacrifices has knowledge. So the decision is in our hands, what kind of traders we are going to be, whether we are just making sacrifices or are traders who make sacrifices who have knowledge.
Many traders end up failing due to lack of knowledge, so don't let us be one of those people.

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Well here in futures trading we can see the clear example of OP, perseverance makes trading a successful activity, personally I am very afraid of trading at this level of futures because it is very easy to lose money.

A friend gave me some advice, he told me that he trades Kucoin futures with 4x leverage, he only trades with a simple technical analysis, without any indicators, he told me that 30 dollars I already had for 240 USD, and that is something that motivates anyone, he emphasized to me that Kucoin is much better than Binance, now why? I don't know, and not only has he told me, many friends tell me that they don't trust Binance very much.

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Quote from: armanda90 on February 22, 2023, 03:41:19 PM

I have bad experienced with future trading and still remember with Zilliqia coins with short position opening, last several season Zilliqia coins raise higher price and up more than 50% and I am trying with short position, I have margin fund $1,000 actually profit earn from future trading and start with losing half after Zilliqia pump drastically.

I am not quiet after losing $500 and keep trying with another short position with Zilliqia coin but I am not lucky with left my margin liquid all, start from there I have been quit from future trading and only active with spot trading right now without want back with future trading again. Nice to see OP consistent earn profit with future trading but don't forget keep withdrawing about 50% from your profit before taking back by CZ Grin

It is a common mistake of a novice trader to open a short position on a coin, the price of which has greatly increased. It is very difficult to determine to what level the price will increase when the entire crypto market is growing. Of course, after each pump, a correction will follow, but to open a short position, you need to wait for confirmation that the price has started its decline.

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I have bad experienced with future trading and still remember with Zilliqia coins with short position opening, last several season Zilliqia coins raise higher price and up more than 50% and I am trying with short position, I have margin fund $1,000 actually profit earn from future trading and start with losing half after Zilliqia pump drastically.

I am not quiet after losing $500 and keep trying with another short position with Zilliqia coin but I am not lucky with left my margin liquid all, start from there I have been quit from future trading and only active with spot trading right now without want back with future trading again. Nice to see OP consistent earn profit with future trading but don't forget keep withdrawing about 50% from your profit before taking back by CZ Grin

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Quote from: Warkop on February 22, 2023, 10:40:44 AM

Quote from: bhooscream on February 11, 2023, 07:28:43 PM

I really understand how it feels to be successful and get high profits in futures trading after receiving many defeats and losses. Of course this is very exciting and also profitable. but on the other hand, this would actually be risky if we didn't have good financial management because we might want to trade more without knowing how to control our finances. So, it would be better if we stayed under-control and weren't too happy to keep our emotions in check. us to carry out further trading activities.

Becoming a successful person requires a high level of sacrifice and patience, sometimes we are defeated by economic needs outside of investment or some kind of unexpected need, often experienced by most people, that's why I learned to really be able to manage it all, for the most part. long-term trading needs to be called additional income beyond that, so it doesn't bother us when we experience financial mines, because we know playing long-term trading is full of risks and even our patience is tested with market conditions, the solution is just looking for busyness so we don't focus on the assets we have on exchange..

You wanna be a big baller in the tradin game? Well, let me tell ya, it's gonna take some mad patients, discipline, and hard work. Don't go puttin all your eggs in one basket, tho. Ya gotta have multiple streams of income. Tradin should be seen as an extra source of cash, not your main bread n butter. That way, when the market gets all crazy n fluctuates like a mofo, you won't be freaking out like a chicken with it's head cut of.

Diversifying your investments is key, my dudes. And havin a solid plan to stick to will help ya avoid makin decisions based on yur emotions. Believe me, I've been there, done that, and bought the t-shirt. Emotions can mess with your head and lead to unnecesary losses. That's why we gotta be rational and not let our feelins dictate our moves.

As the wise ones say, "Plan the trade, trade the plan." That's some real talk right there, fam. So keep it simple, stay disciplined, and stick to your plan. Success in tradin is within your reach, but only if you keep your head on straight and don't let the market drive you crazy!

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Quote from: bhooscream on February 11, 2023, 07:28:43 PM

I really understand how it feels to be successful and get high profits in futures trading after receiving many defeats and losses. Of course this is very exciting and also profitable. but on the other hand, this would actually be risky if we didn't have good financial management because we might want to trade more without knowing how to control our finances. So, it would be better if we stayed under-control and weren't too happy to keep our emotions in check. us to carry out further trading activities.

Becoming a successful person requires a high level of sacrifice and patience, sometimes we are defeated by economic needs outside of investment or some kind of unexpected need, often experienced by most people, that's why I learned to really be able to manage it all, for the most part. long-term trading needs to be called additional income beyond that, so it doesn't bother us when we experience financial mines, because we know playing long-term trading is full of risks and even our patience is tested with market conditions, the solution is just looking for busyness so we don't focus on the assets we have on exchange..

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My very important advice to users who believe in trading futures, please do not hold your positions for a very long time in futures trading (in other words, don't stick to your trades) and use proper risk management as well as tight SL to keep yourself safe from unexpected losses. With that said, I'd like to explain why I'm conveying this - you'll bear with unnecessary funding fee (it can be negative mostly which will reduce your principal size every time it is deducted) and you'll also need more capital to keep your positions active and alive before getting stopped out completely if the market is going to hunt it.

Topic: Success in futures trading after long wait. (Read 754 times)