I was looking for some ways to increase my profits and eventually decided on margin trading. I am aware of the risks, but the potential gain impresses. What should I consider before going in for margin trading and which exchange offers more favorable conditions for that?
If you are already familiar with trading without leverage you have to only test out one of the demo leverage trading platforms that exchanges offer, for example BitMEX have demo trading that you can test leverage trading using it before jumping into it with real money, there are a few things that you have to learn like how much leverage works for your and the risk you're willing to take, and how to use stop-loss and take profit which are very important tools when it comes to leveraged trading.