In Bybit there is the stop loss order that you place before the liquidation price in order not to loose your money. Binance does not have such an order?
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In Bybit there is the stop loss order that you place before the liquidation price in order not to loose your money. Binance does not have such an order?
Of course it does.
It's just that my 1st attempt was a complete fail. Lost ~25$ ...no biggie.
I digged a bit deeper and found all the little details. You know, if one doesn't get too greedy they could make some serious profits. Jokes aside
Well, thats very true! but you must put a lot of money to make a nice amount easily and daily. You dont get greedy, you have a stop loss order and you are fine:)
You should have told me about that limit order man. Now I want those 25$ back. 😂😂
I read in a nice article that the ideal leverage one should use when they trade BTC and ETH in futures is 3x.
I think that x3 is rather small, i use x10 as a minimum but you need to put a good amount of money in order to have some gains by a small movement, either up or down.
Not a financial advice,lol