Post
Topic
Board Trading Discussion
Re: My trading stradegy
by
coinerer
on 08/09/2023, 15:34:50 UTC
Fucking strategy, Do not advice people financially. Crypto trading is very risky and when one wants to do futures trading it is even more risky. In the case of futures trading, if you take a wrong entry, the balance will quickly become zero and there is also a possibility that the balance will double quickly.  It behaves like a kind of gambling. With a good capital it is possible to get good profit from spot trading.  So future trading should not to do.  It lures and harms traders
Everyone who trades takes risks but those who are involved in futures trading own a lot of money in a very short period of time and because of some wrong entries they lose their money in a very short period of time.  Stay away because not everyone can be good at futures trading. So the more we can stay away from futures trading, the better for us. If someone is too greedy during trading then he will lose his money because greed cant be controlled while trading.
There is no difference between people who trade futures and gamblers. Both are very greedy and because of this they face a lot of losses. Maximum leverage for Bitcoin is 125x where someone with a $10 fund can trade $1250 worth of funds.  So in that case it might take him just a few seconds to loss $10. So it is a very harmful thing.  If one panics and trades futures, then his loss is guaranteed and the balance will be zero in a few minutes