What you think about future trading and best coin for scalping ??

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What you think about future trading and best coin for scalping ??

Hello Guys what you think about future trading is it best for make maximum profit and which coin is best for scalping and intraday trading?

Kevin Sung Answered question July 30, 2024
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Trading is risky, I am not yet implying future trading but just normal spot trading, spot trading is very risky. If you want to trade on future contract, it still also means leveraging. You have $100, and go 10x, that means you can be able to use $1000 to trade with you having $100,this makes the risk of lossing the fund to increase, if you leveraged it 100x, that means you can go with $10000, but the liquidity is very high. Assuming you have $40000, Bitcoin price is at $40000, if the price go to $5000, that means you still have $5000, but if you leverage it 10x, the whole fund can be liquidated when Bitcoin price reduce to $30000, but if you go for 100x the liquidated price can be $39920. The higher the leverage The higher the risk of losing, but if the trade go the direction you take, the more the leverage the more the profit.

Kevin Sung Answered question July 30, 2024
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