Post
Topic
Board Trading Discussion
Re: Is margin trading worth checking out?
by
rose9696
on 02/06/2019, 03:01:53 UTC
Hello everyone!

I’ve been trading in some few exchanges (e.g., Binance, Okex, Mercatox, MetaMorph Pro, etc.) from time to time. However, there’s something that I want to explore.

Recently, I’ve met a couple of guys who is promoting a margin trading platform. It’s the first time I’ve 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.
It really is not a game of chance as you say. it's always for technical analysts, they always know the types of waves and levels of trading in a day and can make "Long" or "Short" decisions. I don't know much about margin trading but I think it's really a very difficult type of trading and it's only for those with experience in analysis.
For ordinary people like us, we should only buy low and sell high. Grin