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Topic: Trading with leverage (Read 715 times)

jr. member
Activity: 34
Merit: 1
December 24, 2021, 01:15:49 AM
The most problem trader has is greed, and I was a victim of that one time ago, where i lost thousand of dollar to become rich quick, trading with a very high volatile market, which has been a part of be lesson for exposing my entire account. Having say that, i went ahead for knowledge to learn risk management on a trade and also having experience trader around. Which i have two key points of my trading pattern, leverage used and entry points, always be in my mind. 
Well that is something that can be beneficial for many who are just entering the market, there are some who make a leverage with up to x100 as allowed in Binance, that for me is like a double-edged sword, in my case the most that I I have leveraged it is x10 and the truth is I am very scared, because I am not used to it, and it is very easy for them to liquidate the position, it is very dangerous, I prefer normal trading that you just have to wait or go short with the minimum required, Maybe this way the money is more protected, at least for me I see it that way. Leverage represents a great risk.


When everyone else is struggling by following the same things then you must try to look beyond it in order to succeed.
jr. member
Activity: 34
Merit: 1
December 24, 2021, 01:07:36 AM
Trading with leverage is very risky it's full with fear because now market.can Change any time due to whales games so better to  avoid to leverage trading or use less leverage then we don't  face any big loss

Do you think that trading without leverage is not risky?
jr. member
Activity: 34
Merit: 1
December 24, 2021, 12:59:13 AM
I have been trading with leverage with Alpari Forex exchange before the advent of crypto currency Which am still doing same with Binance exchange an am currently doing well because of my previous experience. But if you are new to the use of leverage please endeavor to learn with demo account first before you start with real account to avoid story that touch the heart. Equally, make sure to use the same of money you will need for your real account in your demo account so that you will be able to maintain same strategy.
Using anything directly on a real account without trying to understand how it works for you is only going to give bad results. One should always try leverage trading on a demo account first and should never forget about risk management.
hero member
Activity: 2828
Merit: 611
December 17, 2021, 04:39:28 PM
Sometimes operating according to certain criteria of your own is not so bad, as long as you keep in mind that the main thing is to risk what you are willing to lose, and above all to ensure your operations with a good stop loss, for me that is the main thing, When we take into account that we can do many things by following some advice, it is not bad, but it is good to have our own criteria, at least I obtained it by reading some books, which have taught me many things about the market and how it moves in Sometimes, but there are always events that we do not see, and that most of the time we fail.
Based on how you learned those criteria of course. I mean if it is a good one then you are going to be doing fine, but if it is a bad one then you are not going to be making that much profit from it.

I personally do have a system in place and not for leverage but for spot trading and so far I have been doing fine with it, but I failed many many many times before I did anything like this. Sure it is not really a great system if you consider the fact that I am making a profit NOW but it took me losing a lot to reach here. So if you want to do leverage trading you need to be even more careful, losing at leverage doesn't mean a bit of a drop, it means all of your "bet" is gone in that sense.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
December 17, 2021, 11:31:18 AM

I do respect everyone’s opinions but maybe being on the side of what everyone thinks is right is the reason most of us are failing. I don’t believe in following herd mentality. I do what I feel is right (not for the sake of being different).

Sometimes operating according to certain criteria of your own is not so bad, as long as you keep in mind that the main thing is to risk what you are willing to lose, and above all to ensure your operations with a good stop loss, for me that is the main thing, When we take into account that we can do many things by following some advice, it is not bad, but it is good to have our own criteria, at least I obtained it by reading some books, which have taught me many things about the market and how it moves in Sometimes, but there are always events that we do not see, and that most of the time we fail.
member
Activity: 267
Merit: 11
December 17, 2021, 09:57:35 AM
A lot of young users who want to get started very quickly go to futures to trade with leverage, just not understanding the basics of trading they immediately drain their capital in the first minutes of trading. I advise everyone in the beginning not to go more than 5 times the leverage, of course everything depends on the volatility, but still you shouldn't even go to x10 from the start

Many people nowdays are missused crypto as a gambling platform by using leverage in future exchanges, there people are mostly not doing investing and trust the crypto project value will be much more valueable in the future and much more profitable than what they are doing with the future market.
But it's the people choice to make their own decision, but the bad thing is when they are losing a lot of money from losing on futures they spread out the their social media and make crypto looks bad for the people who doesn't know crypto yet.
Are you willing to recommend any of the projects in which so much trust that will profit investors in time to come as compared to future trading as you rightly advise above. So many people including myself have invested previously and all turned scam and with that experience I will not advice anyone to go into project investment no matter how good their white paper look like or which ever Manager that promote them.
jr. member
Activity: 111
Merit: 1
December 17, 2021, 08:03:21 AM
Trading with leverage is very risky it's full with fear because now market.can Change any time due to whales games so better to  avoid to leverage trading or use less leverage then we don't  face any big loss
member
Activity: 267
Merit: 11
December 17, 2021, 05:50:43 AM
I have been trading with leverage with Alpari Forex exchange before the advent of crypto currency Which am still doing same with Binance exchange an am currently doing well because of my previous experience. But if you are new to the use of leverage please endeavor to learn with demo account first before you start with real account to avoid story that touch the heart. Equally, make sure to use the same of money you will need for your real account in your demo account so that you will be able to maintain same strategy.
jr. member
Activity: 34
Merit: 1
December 17, 2021, 01:27:52 AM
A lot of young users who want to get started very quickly go to futures to trade with leverage, just not understanding the basics of trading they immediately drain their capital in the first minutes of trading. I advise everyone in the beginning not to go more than 5 times the leverage, of course everything depends on the volatility, but still you shouldn't even go to x10 from the start

Many people nowdays are missused crypto as a gambling platform by using leverage in future exchanges, there people are mostly not doing investing and trust the crypto project value will be much more valueable in the future and much more profitable than what they are doing with the future market.
But it's the people choice to make their own decision, but the bad thing is when they are losing a lot of money from losing on futures they spread out the their social media and make crypto looks bad for the people who doesn't know crypto yet.

That’s why it’s advisable to do proper research before putting your money in any cryptocurrency. It’s better to keep yourself limited to popular cryptocurrencies than trying out every coin that comes in the market.
jr. member
Activity: 34
Merit: 1
December 17, 2021, 01:21:04 AM
A lot of young users who want to get started very quickly go to futures to trade with leverage, just not understanding the basics of trading they immediately drain their capital in the first minutes of trading. I advise everyone in the beginning not to go more than 5 times the leverage, of course everything depends on the volatility, but still you shouldn't even go to x10 from the start

Traders can only use leverage to their advantage if they employ proper risk management techniques to minimize the downsides of it.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
December 16, 2021, 05:30:13 AM
Leverage itself is a comparison of a trader's margin with the amount of loan funds from a broker to increase returns. This means that traders can use a margin that is smaller than the nominal forex contract they trade.
It is important for those who really know how to trade with margin. But you know what? it's not advisable for every trader to get into margin because we have our tolerance for the risk that we take. And trading with leverage is not for everyone who can take risks.
There are some that cannot really take the risk from within because they've tried it once and don't want to try it again just like me. I'm safe with spot.
member
Activity: 728
Merit: 12
December 15, 2021, 10:45:46 PM
Leverage itself is a comparison of a trader's margin with the amount of loan funds from a broker to increase returns. This means that traders can use a margin that is smaller than the nominal forex contract they trade. leverage is one of the important factors in the world of trading. The existence of leverage can reduce the capital to play forex while increasing the ability of the cost of traders to transact. leverage is one of the important factors in the world of trading. The existence of leverage can reduce the capital to play forex while increasing the ability of the cost of traders to transact.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
December 15, 2021, 10:01:35 PM
The most problem trader has is greed, and I was a victim of that one time ago, where i lost thousand of dollar to become rich quick, trading with a very high volatile market, which has been a part of be lesson for exposing my entire account. Having say that, i went ahead for knowledge to learn risk management on a trade and also having experience trader around. Which i have two key points of my trading pattern, leverage used and entry points, always be in my mind. 
Well that is something that can be beneficial for many who are just entering the market, there are some who make a leverage with up to x100 as allowed in Binance, that for me is like a double-edged sword, in my case the most that I I have leveraged it is x10 and the truth is I am very scared, because I am not used to it, and it is very easy for them to liquidate the position, it is very dangerous, I prefer normal trading that you just have to wait or go short with the minimum required, Maybe this way the money is more protected, at least for me I see it that way. Leverage represents a great risk.
sr. member
Activity: 980
Merit: 252
December 09, 2021, 02:43:58 AM
A lot of young users who want to get started very quickly go to futures to trade with leverage, just not understanding the basics of trading they immediately drain their capital in the first minutes of trading. I advise everyone in the beginning not to go more than 5 times the leverage, of course everything depends on the volatility, but still you shouldn't even go to x10 from the start

Many people nowdays are missused crypto as a gambling platform by using leverage in future exchanges, there people are mostly not doing investing and trust the crypto project value will be much more valueable in the future and much more profitable than what they are doing with the future market.
But it's the people choice to make their own decision, but the bad thing is when they are losing a lot of money from losing on futures they spread out the their social media and make crypto looks bad for the people who doesn't know crypto yet.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
December 07, 2021, 05:27:31 AM
A lot of young users who want to get started very quickly go to futures to trade with leverage, just not understanding the basics of trading they immediately drain their capital in the first minutes of trading. I advise everyone in the beginning not to go more than 5 times the leverage, of course everything depends on the volatility, but still you shouldn't even go to x10 from the start
jr. member
Activity: 34
Merit: 1
December 07, 2021, 02:23:19 AM
Using leverage is not safe for beginners that's why it's highly recommended to stay on spot trading to prevent liquidation, unless if you are sure that the coin your trading is really promising because if not you will end up nothing.. Especially using 10x or more leverage because in just one mistake there's a chance that capital will disappear in just a short period of time ..that's why as well mostly traders relies on 2x leverage in order manage the risk. So better think about it before trading with leverage to prevent massive losses and make sure you're trading a good coin before using that feature to have a good profits after all.

I agree with you. You don’t need to over leverage your positions.  2X  is enough and can earn you good profits.
jr. member
Activity: 34
Merit: 1
December 06, 2021, 02:56:45 AM
The biggest problem with this type of work is risk. As for me, it is really important to be ready for this.

Risk is and will always be there in trading. Without taking risks we can’t make money.
jr. member
Activity: 34
Merit: 1
December 06, 2021, 02:54:26 AM
I do not recommend the leverage when there is no previous experience
I do find that most people are having similar opinions like they will never recommend leveraged based trading but OP got complete different view on leverage trading. Not sure why OP is having different opinion than most of the people of this community.

I really recommend is to start on a platform with real money to be able to test well how it works and what the "take profit" is like.
I understand that being real money or not is not a concern here because you can start with demo money but you should start only in spot trading and not in leveraged trading. Even you are practicing in leveraged environment with demo money, you cannot learn any useful experience there because the market volatility will not let you learn anything out of real time experiences. You must need a common and steady environment where you will spend time to learn things but rushing out everything will not help you to gain knowledge about it.

I do respect everyone’s opinions but maybe being on the side of what everyone thinks is right is the reason most of us are failing. I don’t believe in following herd mentality. I do what I feel is right (not for the sake of being different).
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
December 04, 2021, 06:42:37 PM
Yes, I agree that it's the right time to invest in the crypto market and a golden opportunity for beginners.
Also investing small amounts reduces the risk. No one can predict exactly what will go to happen in the market. Will it go upwards or down? It all depends upon market trends.
Which is always be uncertain.
Also getting proper knowledge of the market and understanding technical analysis is also necessary.

For spot then yes but for leverage then it is really very risky and i would say that it is really like gambling which you shouldnt really step your foot on

here if you arent really ready nor experienced with the market because you are just basically dealing or playing with fire in talks with futures or leverage.

But if you could bare with the risk then its your choice but if not then better avoid and stick on spot.
sr. member
Activity: 958
Merit: 265
December 04, 2021, 06:37:49 PM
Yes, I agree that it's the right time to invest in the crypto market and a golden opportunity for beginners.
Also investing small amounts reduces the risk. No one can predict exactly what will go to happen in the market. Will it go upwards or down? It all depends upon market trends.
Which is always be uncertain.
Also getting proper knowledge of the market and understanding technical analysis is also necessary.
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