Quote from: Silberman on April 17, 2022, 06:26:31 PM

Quote from: pawanjain on April 17, 2022, 03:49:00 PM

Quote from: Chipard on April 12, 2022, 11:57:19 PM

I know that lower margin and low leverage are also farther away from the liquidation price, so is it okay to set low margin and low leverage first to avoid losing if your strategy doesn't work, and then add if does the price follow your strategy? Is this also your strategy?

Why not try trading with spot at first place and then become a pro at it.
After that may be you can try using leverage and try to increase it from 2x to 5x as and when you progress at your trading skills.

That makes too much sense, today newbies do not want to go through the trouble of learning how to walk and they want to run from the beginning and reach their goal as soon as possible, the truth is that very few people should be using leverage because as we know if you happen to make even a single mistake while you are using it then the consequences for you can be terrible, it is better to master spot trading first and once you have been profitable for years then you could try leverage trading, but it seems no one wants to take their time during their trading journey anymore.

leveraged trading we usually fight with lots, many of the novice traders can't count lots so they trade with over lots, which can result in margin calls. therefore for novice traders must be able to train psychology, or if not using spot trading it will be safer for the capital used. the most important thing is that if we want to learn then we will gradually understand by itself, and also determine the attitude of ourselves it is very important to know our progress in trading