/biz/ - Business & Finance

>>56477666
>actually using positions
Just trade the fucking coin, pussy. Buy low sell high. Sell high buy low. Repeat. Take some fucking responsibility and watch your investment

you just need to be confident in your trading. I am 20% down with 10x leverage from 34700 but it doesn't matter since i know that there are a few levels that need to be broken for it to become bearish and to get out of my position.

>>56477666
1. don't put more money than you can afford to lose
2. use stop losses

>>56477666
For me it's:
>open a series of leverage positions using small amounts
>literally like 90% success rate, gain some confidence and start using significant amounts
>instantly fucking rekt almost every time

>>56477666
set a stop loss and a take profit so u dont get liqu'd

>>56477666
not going to spill the beans but practice and patience is key

>>56477666
Lmfao dont listen to these pajeets do your self a favour - fucking learn TA. Get a course, a real one not some shills read a book educate yourself. Thats the only way u can make it with leverage. If you too lazy just buy spot when its cheap and sell when everybody here is screaming for the moon...

>>56477666
Trading with leverage is the surest way to lose money in this market. It's also a lot of stress.
I've seen so many people on telegram go bankrupt over the 7 years I'm into crypto.

The only worse thing is getting rugged.

>>56477666
Just read this book, and read it fast, because if you don't start understanding why you should not be a swing trader or leverage trader fast you are going to miss the bull run.

>>56478582

>>56477666
How much was the fee on an executed close position?

>>56477666
where can a burger even trade on leverage without kyc these days

>>56477666
you need a system of rules to enter a trade. define those yourself, and stick to it. set tight stops. without that it is a gamble. have confidence in your setups. if you feel that way right after entering a trade make note of that and maybe ask yourself if you could have waited for a better entry. know where you are wrong/ invalidated.

>>56479506
unidex.exchange
gains.trade
gmx

>>56478759
You fucking Indians with your commas in wrong places need to be executed

>>56477666
don't do like me. try to cumulate all the stuff, macros, cycle, specificity of the coin: for exemple short a falling coin that have bade fundamentals, a shitcoin, a memecoin, check the course on the long run, open your position when it is high, use x3 leverage. I would guess that like that it is safe. I think that I lost everything because I clicked on x3 rather than on x5. because the truth is that, if you avoid liquidation, most of the time both position, short and long, are wining position if you wait long enough.

>>56477666
nice trips

split your position into multiple transactions. If you think YOU need it right now do 1/2 the total amount and then the rest at a different price point. Your hypothesis should be correct multiple times so multiple entries shouldn't make profiting impossible.

Id also like to make it clear on the subject of not more money than you can afford to lose as a means of control. You are aiming for a specific target not just number go up but number go up to a point before it hits this other lower one. You really need to let the market either wick past your position or let the thing ride. Unless you are aware of the cost of adjustment there is a good chance you will whittle a soon to be profitable position into nothingness panic closing.

might sound weird but higher leverage and lower margin on isolated positions is a really good way to learn the concept. then you fine tune your positions to a point where you can risk a larger % of your total portfolio. It is also very possible to cover market shifts in either direction by having multiple positions and differeing leverages ie small high leverage short and a high value lower leverage long

>>56477666
build better positions

you can trade with small money and stop on liquidation

>>56477666
>How the fuck do you guys have the balls to long and short?
Simple, don't use leverage.

Futures are good for me so i don't have to fuck around to short an asset and have more features such as choosing the SL/TP before placing an order, for the rest set 1x leverage and don't use it at all.

2x is the only fair leverage if you want to boost profits in exchange of doubling the risk, 3x is very risky but still manageble.
Above 3x start praying god, because getting liquidated is too easy, fees will eat you alive, bots will fuck you up, why do you think exchanges and brokers wants you to become a future leveraged day trader or a scalper if you're new?? There's a reason why they advertise 24h this shit to new traders, it's gambling.

>>56479831
just have fun, dont listen to these guys

>>56477666
Just don't put yourself in positions where you could be a forced seller. Winners sell when they want to not when they have to.