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► Trade Futures using Signals: https://bit.ly/3b2h1nQ
As a new trader, you may be worried about not being able to make money as a crypto newbie. But there are more opportunities even for a newbie because being new to crypto does not necessarily mean you can’t make a profit with future trading.
When futures trading began in late 2017, no one ever imagined that it would grow so fast and even be at par with spot trading. But three years down the line, futures trading is not amounting to half of the value of more traditional buy sell crypto trades, as reported by Bloomberg.
Spot trading crypto is the buying or selling a crypto asset at the moment of the trade. Before futures trading was launched through Bitcoin (BTC) futures platform, spot trading was the principal option available for crypto trades.
The first entity to launch Bitcoin futures trading was Chicago Board Options Exchange (CBOE), which launched the first-ever BTC-based futures contracts on December 11, 2017. Afterward many exchanges followed suit and launched futures trading of various cryptocurrencies.
The good thing with Futures is that it allows you to trade with a leverage of up to 125x. The simplified setup can facilitate your leveraged trading experiences.
As a futures trader, it is not just enough to say you want to do it. The secret is the ability to read the market pulse, which can lead to a personal semiautomatic money machine. But this is not easy as there is more than meets the eye.
When you receive trading signals from Futures Signals, you could use it for finding safe entries into longer-term plays on the exchange.
The basic futures trading principle is to combine a relatively cheap entry price with momentum in the right direction. It is this combination that will give you the advantage as a trade, which is a necessity when using the stop loss method. If you can use stop loss without being killed by the many small losses then you’re able to take on futures trading.
In that case, using stops puts you almost automatically on a trend. This is the basic secret to trading on the trend, which requires you to keep the small losses in check through stop-loss features. Futures traders who have specialized in ongoing trends is likely to win on Futures trades if they use futures signals well.
You will realize how trading futures is simple if you are armed with the right signals from Futures Signals.
Remember that the entire amount in your futures wallet is used as collateral. Consequently, if the price movement does not go according to your trade, the platform will use your remaining capital as collateral. But the moment you hit the “Market” button, your position will be closed and you will see the funds returned to your margin account.
Open an account in under 30 seconds, and start trading futures: ► https://bit.ly/3b2h1nQ
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