Post
Topic
Board Trading Discussion
Re: So traders, how much You lose?
by
wxa7115
on 05/01/2020, 18:22:38 UTC
like many traders, im losing too much in margin trading.  I got to know this crypto market through margin trading.  I am ambitious to achieve $ 10,000 with a capital of $ 2000.  but the more the business trades at a loss  so my experience right now is not to expect too much, trade well planned and manage capital.
That was your mistake, margin trading is for expert traders only, but obviously the exchanges are not going to tell you this since they earn money by the commission they charge and they need you looking at the markets and trading them to make profits.

Also this market has enough volatility as it is if you add margin trading on top of it then almost any movement in the market can be enough to wipe out your account in a matter of minutes and if all of that was not enough your goals were very high you basically wanted to obtain 400% of your capital and while you do not say how long you planned this to take place I will be not surprised if you were attempting to get those results in weeks.