A lot of futures traders don’t realize how important it is to keep a stablecoin handy for those unexpected moments. Opportunities pop up in the market all the time, and you might not even plan to trade. But when you glance at the charts and spot a great chance, you need to act fast. That’s not the moment to be scrambling around for USDT or another stablecoin. You gotta jump on that opportunity right away because timing is everything.
So, having a stablecoin ready means you’re not just aware of what you’re doing; you’re ahead of the game in navigating the market.
Ultimately, if you’re always prepared with a stablecoin as a futures trader, you’ll be pleasantly surprised by the number of winning trades you can snag. You’ll be focusing on trades that are real opportunities instead of ones you’re unsure about.
What kind of post is this? This is totally not true. Most traders have stable coin but that does not means they will have a profitable trade at all. Experience is very important to make profit in trading. Having profit in trading is not about having USDT or any other stable coin in place.
Yes it's actually true that knowledge and self control is very much key in the market, that's why you don't just trade anything you see in the market, but haven't you seen an opportunity in the market before but you have no margin to execute that trade?
For you to know when to stay off the market or spotting an opportunity when you see one you need to be knowledgeable and skilled in the craft, so yes, knowledge is key, but sitting in stables makes it easier for a good futures trader to take a winning trade faster when an opportunity comes begging.
The problem with retaining stablecoins is that it may not maintain its stability if a clear correction occurs, meaning that if the market decreases completely by 50%, many of the stablecoins will be affected.
Therefore, in the long term it is better to keep cash and for short term, as stablecoins provide lower fees and the speed of implementation of transactions.
First of all, Futures trading is a bad idea, it's especially worse if someone trades with increased leverage but it gets the worst when someone opens a short position with increased leverage. By the way, I always thought that everyone was trading futures with stablecoins because I have never seen a BTC/Altcoin or Altcoin/BTC pair on Binance except for the ETH/BTC pair.
My advice to you is to not get excited if you made some good profits from futures trading. That's what I did at first but then I went downhill and lots a significant portion of my money, especially once I started playing with high leverage and short position. Exchanges often do artificial pumps and dumps to liquidate their customers. That's an additional easy way for them to make lots of money within seconds.
I totally agree with the idea of always having your extra funds around for trading this has Many purposes such that you can take trade anytime you like. But base on opportunities I will say they dont actually end in the financial market there is always the opportunity and you can trade in your specific time, as for seizing opportunities when it is not actually within your time of trading I can understand how profitable this will be when the market respects your analysis but this is one of trading I personally do not advise. My advice is always stick to your trading period as this is what actually shape your psychology. Even though there seems to be profits
With futures trading, there are more shocks from liquidations and losses than from profit you can have.
Stable coins peg to something like US dollar, pound, and they aren't actually stable. There are risk of stable coin depegs in value to fiat currencies so having stable coins in your collateral for futures trading does not guarantee that you will be safe and your futures trading position won't be liquidated.
If you don't want loss, don't want to be liquidated, don't trade futures.
Trading is risky with whatever trading types and you have to always use stop loss order.
Tether minted more USDT.
Most Stablecoins Can Be Frozen, Even in Your Own Wallets
One of best weapons in trading.
it's literally the same as waiting the dips and buy, save some money for later, who knows market might turn undervalued and you can get the best entry opportunity there is.
so in a way it will work, but market is always unpredictable, just because you see good opportunity doesn't mean the market will abide by your speculation and go your way.
like the recent liquidation after BTC going down to $84k. people thought $86k were the major support but market keep dumping which honestly is perfectly normal but people were liquidated by the billions while bitcoin holder just thinking of it as another normal day for bitcoin holder with its volatility but guaranteed growth.
Trading literally is a financial market where their will be certainly loss and gains, but one thing you need to understand is that when you knows nothing in the craft and you choose to dive in, or you choose to trade blindly without having knowledge on how to navigate your way around it, you are just like a sheep waiting to be slaughtered in the market, so in other words you don't enter futures trading blindly, if not you will be used to clear liquidity.
I speak of futures trading because I have been into the system long enough to know how to navigate my way around it, I don't trade blindly, losses are unavoidable in the market, but what keeps you profitable and steady in the market is how you manage your risk, if it's done right you winnings will always be greater than your losses, just manage your risk properly when you have the right knowledge on how to navigate your way in the market, I assure you that you will be fine.
Don't follow the trends, instead deal on price action, staying up with legitimate information, keeping calm nerves when you're about to open a trade. Stablecoin do count in all trade, either long or short-term trade, one should atleast store stable coin because they're constant and volatility doesn't come close to affecting them. We deal on trades that will land us in comfortable zones, atleast we'll have peace of mind of relaxing with full assurance to notified ourselves of been profitable in the market. Future trade is the crude oil in trading. OP, have you encounter any that specifically deal on future trade? They're always smiling and stacking up massive profits from the market.
Experiences and professiobal traders will work on the part they feel is suitable for them. They keep learning new things and applying them in trades, it results to growth. These set of people doesn't rush things, they take their time to map out a trade and ensure they've good odds of hitting their TP before pulling out.
frankly speaking having reserve stable is one of discipline of trading, with future trading at some point you need to mantain your margin, if you don't have stables how can you mantain your position if there's flash dump?
future trading without stable reserve is like giving away your money 90% loss and you're in for forced liquidation, but general principle when trading future is you only used 1-5% of your capital for leveraged future trades, and use the remaining to help mantain your margin tolerating temporary price deviation so you won't get liquidated, along the way if you might open additional position if you see opportunity.
Stable coins I don't think so I can't actually trade stable coins cause it's price isn't stable at on bit keeps depreciating like it doesn't have a value, and what's so important about stable coins that's it's needed in futures trade cause from what I know they ain't profitable and moreso I don't deal on futures trade cause of how I tend to understand that it's resulting in more losses for me than i can think of. You can keep track of the markets no doubts to be notified about latest opportunities instead of to miss out in them but in trading stable coins I don't buy to it.
You have your USDT, see an opportunity and then open a position but still lose lol. It's not a guarantee that you will win every trade, however certain you are. There are so many bull or bear traps, scam wicks etc
Anyway, it's important one does not use all their equity in a single trade. This is one of the basics of risk Management.
Nah, it's best not get into futures with that. Don't aim to be a future trader. Spot is okay and there is more to learn from that.
I'm done with all of those encouragements about winning trades because they're not going to be consistent at all unless you've got some insiders and got analysis per market you try to trade futures.
100% . whether it's really good opportunity or not, we only know after we profit, have seen plenty of people getting liquidated in the last dips where they thought dips have reached bottom turn out it goes even deeper.
when in that position, opening another futures just gonna double our losses, I think it's more important to learn to manage risk with future trade, because that way you'd also keep some stable sitting on your account unused because you're most likely to use lesser margin to manage risk from massive liquidation.
If you have enough experience and skills it's not matter that you have to trade in future or spot. You can make profit in both side. The way you are speaking it's likely that you like to do future trades. All the I won't say that future trade is not good. It's up to you how you manage your trades. As for your opportunity you never know what will market reacts like. Crypto market is so volatile. You are looking for a deep for future entry, let me say that you made and good entry point but from your entry point it deeps even more. As the recent crypto market, Alts been minimum 3x dumped without reaching their ATH. That's very alarming. Bitcoin Recovered but not alts. But in spot trade there's no fear of going to your portfolio zeero.
Unless you're skilled enough don't go for future trade and even if you're skilled don't go all in with future. Sometimes you've to learn where you should stop. It's better to made some loss rather than losing everything.
If you're after profits you can either generate profit many way not just in future trade by holding stable coin. It's upto you how you generate and use your fund.
Stay SAFU
Enough could mean not too much, so I think I will stick on the basics first or on spot. Yes we can make a profit in both sides but if one is more risky and makes us to lose more even sometimes only, I think that is still not worth it, so I'd better focus on one of them only.
I think BTC is doing well last time but maybe it is still not enough for the alts to not follow. It is like their standards have gone up, eh? If it is, then I won't say it is alarming but can also be a good thing. Another good thing is we can just enjoy buying at that 3x dip. That seems rare though, so it was a steal already. Anyways, about the last thing that you said, I think that was a joke. We are talking about zero here, so why not experience a fear? Not just fear actually but different negative emotions must be present already.
I didn't meant to scare him, It seems like he has enough experience in future trade so that type of negative emotion he can handle I guess. I just warned a bit. If someone experienced the future trade you cant stop him by warning or motivating him ,I guess. Although everyone's perspective is different.