Post
Topic
Board Trading Discussion
Re: Trading with leverage
by
frank07a
on 28/10/2021, 09:13:20 UTC
Here are the pros I could sum up:

. First of course is the bigger market exposure. It seems like the right time to cash in on the crypto market, and for many beginners with limited capital, leverage seems to be the only option.
. Lesser risk when you set tight stops and trade smaller amounts. You don’t risk all of your capital and as you gain experience, learn how to navigate the leveraged trading market.
The biggest disadvantage obviously is the extreme volatility of the market which can magnify losses as much as it can increase profits through leverage.
How many of you here are using leverage to trade crypto, and how much, and through which broker? Let’s bring to light the many unknown aspects of crypto trading, besides what is known - that you screw things up when you don’t understand technical analysis and blindly enter and exit trades.
I agree with you, but it seems to me that there are more cons than pros. I traded using margin trading on Binance about a year ago, but at this point I was under a lot of stress. If anyone is interested, then on this page is a list of the most popular exchanges with access to margin trading.