Hello everyone!
Ive been trading in some few exchanges (e.g., Binance, Okex, Mercatox, MetaMorph Pro, etc.) from time to time. However, theres something that I want to explore.
Recently, Ive met a couple of guys who is promoting a margin trading platform. Its the first time Ive encountered a margin trading platform, and they said that it does not have the open orders feature like most crypto exchanges have.
Just like the crypto exchanges, we also invest and trade an amount that we could afford losing. But what are your thoughts about margin trading? Is it ideal for crypto day trading?
I would love to hear your thoughts or opinion regarding margin trading. Thanks in advance.
I don't have much knowledge about margin trading but somewhat I know if that kind of trading which based on the luck has to get succeed which mot suitable for the people who want to stay longer as a crypto trader so just keep doing what you are doing for the year and get better at that is better than learning new things because it makes you to start from the beginning.