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Topic: The joy of trading the spot market (Read 580 times)

hero member
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October 15, 2021, 02:37:52 AM
#81
For my opinion, I think spot trading is risk free trading way.Higher risk and higher ratio option. I Think only experienced trader can do it and he/she will make profit from spot trading.I Think every crypto trader now happy with come crypto like Btc and some valuable coin.
Risk free and higher risk?

Spot trading is comparatively easier than other form of trading but one who is doing without proper knowledge can end up with complete loss so they should be strong with technical and fundamental analysis based on their trading period.
full member
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October 13, 2021, 07:24:51 PM
#80
Many people think that trading in Spot is not challenging. But for me, it is very pleasant to trade in the Spot market, every market has a different challenge. And I cannot take higher risks by trading in the future. That is why I really enjoy trading in Spotmarket.

For my opinion, I think spot trading is risk free trading way.Higher risk and higher ratio option. I Think only experienced trader can do it and he/she will make profit from spot trading.I Think every crypto trader now happy with come crypto like Btc and some valuable coin.
I dont really believe on those risk free trading you do say because it was never been considered to be risk free even you do engage with spot trading.WEll yeah futures and leverage are more riskier but doesnt mean that
I also think so, every trading market has risks. The risks of trading in the spot market may not as high or higher than in the future. But, trading in spot still has risks. Our portfolio may be decreasing again and again, and we cannot meet the price at least when we bought them even after several months. And if we cannot hold longer again, we need to cut loose. And there are also other risks
hero member
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October 13, 2021, 04:47:42 PM
#79
For my opinion, I think spot trading is risk free trading way.Higher risk and higher ratio option. I Think only experienced trader can do it and he/she will make profit from spot trading.I Think every crypto trader now happy with come crypto like Btc and some valuable coin.
I dont really believe on those risk free trading you do say because it was never been considered to be risk free even you do engage with spot trading.WEll yeah futures and leverage are more riskier but doesnt mean that

it do exclude spot from that kind of category but we know it is way to lesser when it comes to risk and thats why people do really engage with spot trading because it is way more less riskier which

it is just part of common sense that you would go for less risky rather than on going into much higher risk.So its up on someones decisions.
full member
Activity: 1358
Merit: 104
October 13, 2021, 03:00:41 PM
#78
For my opinion, I think spot trading is risk free trading way.Higher risk and higher ratio option. I Think only experienced trader can do it and he/she will make profit from spot trading.I Think every crypto trader now happy with come crypto like Btc and some valuable coin.
copper member
Activity: 770
Merit: 1
October 13, 2021, 10:58:42 AM
#77
I don't know about any trading in my early ages but when I found trading in cryptocurrency looking very exciting in 2017 and at present time as well. In 2017 many coins or you can say almost all coins give big profits where every traders almost got retirement value who hold and sell at high point. Now at present it is not going to give so much profit because of many coins coming on daily basis but I think as a trader with good capital you can earn good money so trading is really joyble and exiting. I hope every crypto trader will be happy now and enjoy life ahead with btc, polakadot and many more as your research.
hero member
Activity: 1148
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October 12, 2021, 12:58:33 PM
#76
Spot trading is a risk free trading system as my opinion, it is true that nobody can't make thousands of dollars from spot trading Between some week, it is profitable like of future trading but it is secure. Future trading means high risks high reward so only richest and experience people do it, otherwise spot is best for everybody.                 
legendary
Activity: 1876
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October 07, 2021, 05:41:37 PM
#75
I don't understand what you mean by 50:50, but what you said about spot trading has been proven. mental readiness and patience is needed to wait for the results of spot trading, this is a good strategy to start trading. Spot trading makes traders' emotions more relaxed, as you said it doesn't form a greedy and get rich quick mindset.

But the issue is on some spot traders themselves. Despite of having a technical analysis, a take profit price, and a stop loss, most still tends to look and stare on the chart while also searching for news that can be crucial or helpful to their technical analysis. Some are driven by greed to change their positions/take profits and some are really just afraid to lose some part of their money and tend to not rely on their stop-loses. But yeah, Spot trading is indeed fun, not in a way that you earn by making little actions, but by earning with ease in mind that hitting your stop loss or not reaching your TP, you know yourself that it is a fine trade, a healthy one.
full member
Activity: 868
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October 07, 2021, 04:01:45 PM
#74
I don't understand what you mean by 50:50, but what you said about spot trading has been proven. mental readiness and patience is needed to wait for the results of spot trading, this is a good strategy to start trading. Spot trading makes traders' emotions more relaxed, as you said it doesn't form a greedy and get rich quick mindset.
legendary
Activity: 2268
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October 07, 2021, 01:43:24 PM
#73
...The higher the risk the high reward ratio and most of the traders are very must aware of the risk involved.

I would slightly change your phrase - the higher the risk, the higher the reward ratio and the higher the reward ratio, the higher the chances of losing your deposit. For this reason, beginners should not use futures trading until spot trading brings a guaranteed profit.
hero member
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October 05, 2021, 06:25:42 PM
#72
Spot trading... is that trading immediately on market limit?
Yes, you have an option to sell and just put the order in the "market" quickly and it will be sold so quickly. But as you sell on the spot, the majority are just waiting for buyers to take that sell order of yours. You can try that in the exchange where you're trading.
There's the market value and that's what the traders are following so if you sell higher than the market price, you have to wait until someone buys that price of yours.
hero member
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October 05, 2021, 05:59:53 PM
#71
I just started trading not that long now and I don't know why people doesn't always talk about Spot trading and how less risky it can be when compared to Future trading.
For beginners and also less risk-taker, SPot trading is the best choice. This is safer enough (although we cannot guarantee the safe). There is still a risk of losing if we panic after the price drop and sell them off. But at least, we can still have a chance to hold to the higher price and set it at any targeted price.
Well yeah different from future trading, we may get higher profits by setting higher margins and leverage. We may also lose our money if the price drops very highly.
Most future traders are someone who has been very common to trade future, they are high risk-takers, and also they have known the exact ways of setting up their trading. Setting up CL, analyzing the chart every time, and also other things to watch and analyze always.
If we are new to future trading, we may learn from the small balance of margin and leverage, at least, we don't need to risk more in this risky trading.
But everybody has their own choice, many people are still trading in future trading and they are successful. And many people also trade in spot and they are successful. So, be yours with your own ability, risk management, and also fund management.
legendary
Activity: 2072
Merit: 1058
October 05, 2021, 04:14:50 PM
#70
I personally do not like trading itself, I am not good at it and this is why I try to do it a lot less than what I do with other stuff. However one thing is for sure, if I end up trading then I trade in spot world, I do not go for all those futures, margins, leverages and so forth because that is not how I like to trade and it is way too risky without any need at all.

Obviously, it is a very profitable thing if you know how to do it but I am not good at it neither so it is rarely any fun for me. What I would like to do while trading is to see how it is done, learn how it is done, and I try to predict the future basically which is the fun part, learning is a fun thing for me, the more things I learn the more fun I have, reading is my favorite spending time exactly because of this reason. However, the trading itself is not the fun part, it is the act of getting better at it and learning it that makes it more appealing to me.
member
Activity: 267
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October 03, 2021, 07:20:03 PM
#69
You confess in your submission above that you don't know more about future market trading then why are you saying it is risky, is always good to talk about what you know and don't try to discourage people about what you nothing about. The higher the risk the high reward ratio and most of the traders are very must aware of the risk involved.
legendary
Activity: 2198
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October 03, 2021, 06:52:39 PM
#68
What joy?  Trading spot market is as dangerous as leverage or margin trade! Your capital can be wiped out as a result of bad trade
Yep. Spot trading also has risks, although the risk commonly is lower than margin or future. Someone shouldn't think it is a safe or easy trading type, the risk to lose money is always there. Remember that we are trading crypto coins that have big volatility and the market trends can be unpredictable. We must be more careful and wise to deal with the situation.

Spot trading... is that trading immediately on market limit?
If you trade immediately, you are probably using the market price, it is not spot trading.
Spot trading is when you use the "limit price" feature.
Check here for more explanation:
https://academy.binance.com/en/articles/what-is-a-spot-market-and-how-to-do-spot-trading
hero member
Activity: 1498
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October 03, 2021, 06:35:10 PM
#67
To be honest, I've been trading on my own for quite some time now but I haven't for once checked in on future trading, I got absolute no idea on how it works. But maybe I will look into it one of these days and try to balance the two though.
You can try this trading option if you have enough knowledge in trading but just to warn you that it was riskier than spot trading. But for me, I'\d stick to spot trading and I don't mind if future trading gives us a chance to become profitable as I was already satisfied in spot trading which I think was very important. In fact, even experts don't make themselves stay there but they will get back to the place where they are comfortable and less risky.

Sport trading is for the people who want for a long term trading like holding their coins also this trade is for the people who don't too active on market and keep seeing the charts. Futures trading is for the people who always want to have the higher risk reward because you need to keep on eye about the market happenings and try to join with the volatility.

Spot trading... is that trading immediately on market limit?

Limit trading is you will set a designated amount or price before buying and selling a coin.

Market trading is the specific current amount of the coin that will automatically buy and sell there's no waiting to the designated number.
full member
Activity: 1708
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October 03, 2021, 05:41:04 PM
#66
Spot trading... is that trading immediately on market limit?
full member
Activity: 630
Merit: 100
October 03, 2021, 05:08:54 PM
#65
What joy?  Trading spot market is as dangerous as leverage or margin trade! Your capital can be wiped out as a result of bad trade or other unforeseeable event that could happen in Cryptocurrency.  My philosophy about trading is to trade chart and use different strategy to find opportunities in the market and exit when you are suppose to. You will be fine if you have a rule and stick by it!
legendary
Activity: 2450
Merit: 1322
October 03, 2021, 03:15:12 PM
#64
How does trading futures make your risk:reward ratio 50:50? Futures trading just means that you're betting on a certain asset reaching a certain price on a specific time.

Maybe you're referring to trading with leverage? And if so, while it sure makes it riskier, how does it make your risk:reward ratio 50:50?
I got the same from the OP, it seems he is talking about spot trading vs leverage trading instead of spot trading vs future trading, and if that is the case then I can understand why he is so relaxed, spot trading is not easier or more difficult than other styles of trading but if you pair it with good money management skills and if you have a long term winning strategy then as long as you can follow it the profits will eventually come, also you do not have to endure the huge stress that those that are using leverage trading need to endure and that is a huge plus.
legendary
Activity: 2646
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October 03, 2021, 01:10:13 PM
#63
About not much people talk about spot, maybe because trend almost changed. Spot trading already been used by a lot of traders in past, which there are not much exchange that don't have future trading feature. But now, i think people look site which give them faster profit although they know risk behind it is higher. But i am personally still on spot trader side, especially i am easily to get panic even in spot, will be hard for me to catch up market movement in future trading.
hero member
Activity: 2604
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October 03, 2021, 12:02:16 PM
#62
Many traders risk their money in future trading because the chance to make a big profit is there. They think that with only some small money, they can use leverage and make a bigger profit. Maybe that can happen if they have skills in analyzing the market movement to close their trade at the right time and make a big profit. But we see that future trading needs high focus to check where the market will move to decide what we should do. If we are late to close the trade, that can impact our funds and many of us are already losing all of our funds because of the liquidity. It is better to use spot trading if we can not analyze better to trade with worry if losing big money.
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