Post
Topic
Board Trading Discussion
Re: Short Trade!
by
justdimin
on 31/10/2024, 16:48:10 UTC
The short selling strategy can only be carried out by those who are experienced and willing to take risks because crypto prices, as we know, are always fluctuating all the time. I really support if it is more appropriate to play short selling those who have large capital and have the ability in that strategy. I have also tried with small capital but the profits were not on my side, instead it got worse.

Finally, I stopped learning, out of curiosity, the theory of short selling, for me, is high risk, only those who have the right experience, so for new traders, don't ever try, keep playing it safe so you can make a little profit, don't force it if that's not our field.
The risks involved with short trading is gigantic, so you are right that only the people who are good at this could end up doing it well enough. I am sure that we are going to make a lot of money with this when we get some time, but that doesn't mean we are going to eb profiting just because we want to short trade.

We need to be great at trading, make sure you do it beforehand and if you do it well enough then you are going to be making a good income, but if you are wrong then we are going to end up with a wrong result as well. What I can do right now would be margin trading with filling up a bit more to lower the risk, but I am sure even that would be risky for me, so I would suggest not going that route that commonly. A lot of newbies try to do this because they want to get rich overnight, but a lot of them end up losing all of their money in the end. Going from 1k to 10k with just a 10% increase sounds great, but most lose all of that 1k instead.