Post
--Bullish
Second part on how to trade in Futures!
Leverage is one of the most important elements, especially for those who wish to start in futures with little capital. When you use a leverage rate, you are asking Binance to lend you money for the operation, multiplying the money you are going to start with by the leverage amount. This means that if you use a leverage of X50, for every dollar you use to enter, the system takes it as if you entered with 50. You will not have these 50 dollars, but the ROI (Return on Investment) will be calculated based on 50 dollars.
So, when you use one dollar leveraged X50, you are generating profits as if you had 50 dollars, and at the same time, your losses will be magnified X50 (not everything could be nice).
Generally, the minimum to start in futures would be almost 6 dollars, so how do we start with one dollar? With a high leverage that could be X30 to slightly reduce your risk, enter only with 20% of your dollar, that is, 0.20, this will also allow you to have a quite high liquidation price.
The liquidation price indicates that if the symbol reaches that price, you will lose all your money.
Leave your questions and doubts and we will respond to you. Soon you will be mingling in a profitable and successful trader.
$BNB
$PAXG
$KITE
@KiuTrades #kiutrades #KiuTradesCommunity #KiuTradesAcademy #LegionKiuTrades
Leverage is one of the most important elements, especially for those who wish to start in futures with little capital. When you use a leverage rate, you are asking Binance to lend you money for the operation, multiplying the money you are going to start with by the leverage amount. This means that if you use a leverage of X50, for every dollar you use to enter, the system takes it as if you entered with 50. You will not have these 50 dollars, but the ROI (Return on Investment) will be calculated based on 50 dollars.
So, when you use one dollar leveraged X50, you are generating profits as if you had 50 dollars, and at the same time, your losses will be magnified X50 (not everything could be nice).
Generally, the minimum to start in futures would be almost 6 dollars, so how do we start with one dollar? With a high leverage that could be X30 to slightly reduce your risk, enter only with 20% of your dollar, that is, 0.20, this will also allow you to have a quite high liquidation price.
The liquidation price indicates that if the symbol reaches that price, you will lose all your money.
Leave your questions and doubts and we will respond to you. Soon you will be mingling in a profitable and successful trader.
$BNB
$PAXG
$KITE
@KiuTrades #kiutrades #KiuTradesCommunity #KiuTradesAcademy #LegionKiuTrades
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.