[00:02] futures in futures. I'm going to explain step by step everything you need to know, from what futures are to an example where we take a profit trading in the market. Let's begin. First of all, we need to know what
[00:16] futures are. When we trade futures, we are trading futures contracts. When we do this, we don't have the cryptocurrency in our possession; we don't own anything. What we do is bet that its price will go up or down in the future,
[00:31] unlike spot trading where we do have the cryptocurrency in our possession, and we can use it to hold it or even transfer it to another platform. We interested, I'll leave it up here. Let's continue. With futures, we're going to
[00:48] create positions, that is, start a trade in the market. If we believe the price will go up, we'll create a buy position, a short position. And if we want it to go down, we'll place a sell position, a short position,
[01:02] place a sell position, a short position, and in this way, we'll make a profit. Now let's get to the practice. First, we need to have a Binance account. If you do n't have one yet, I'll leave a link in the description and in the
[01:15] pinned comment so you can get one.  Create an account with a 10% discount on commissions, which will be very useful in the future. If you don't know how to create an account, I've included the first video in the list above, where I'll show you how.
[01:30] Once you're in our Vainas account, go to "Derivatives." Here you'll go to "Derivatives." Here you'll see two types of futures: USDM and CoinM. The difference is the cryptocurrency you trade with. In USDM, you trade
[01:45] trade with. In USDM, you trade stablecoins like USDT or BUSD, and in CoinM futures, you trade cryptocurrencies like Bitcoin. We're going to trade futures with USDT. So, click on
[02:00] USDM futures. This is the first thing you'll see when you log in. You'll see a lot of colored lines and numbers, but don't worry, we'll explain step by step what each thing is for. If it's your first time using Vainas, it will ask you to
[02:15] open a futures account. A message will appear on the right side of the screen; click "Open Now," and a survey will appear. If you answer all the questions correctly, you can start trading futures. If you make a mistake, don't worry,
[02:29] Vainas will give you another chance. Until you complete the questions correctly, let's continue. At the top left, we have the pair. Here we see two cryptocurrencies: BTC, which is Bitcoin, and USDT,
[02:46] which is a stablecoin that replicates the dollar. In other words, it's like having US dollars. So, here the value of Bitcoin is 19.129 USDT. Further to the
[02:58] right, we can see the financing cost. This is the cost charged to investors for holding an open position, and it's charged every 8 hours. Next to it is the timer. We can understand how this works or close the
[03:12] position before the timer reaches zero. Below, we have the price chart, in this case, Bitcoin, because we're looking at the Bitcoin/USDT pair. Each of these colored bars represents a period of time: red
[03:28] when the price fell and green when the price rose. Below the chart, we can see the time horizontally, and vertically, we can see the price of Bitcoin. For example, if we look here, we can see that on
[03:41] October 12th at 10:30 AM, Bitcoin was worth 19.080 USD. If we click on Trading View, we will have  An improved chart where we can see our orders and also have tools available for
[03:56] analysis and drawing. Above the chart on the right, we have the order book, where in red we can see traders loading sell orders and in green loading
[04:09] buy orders. Now I'm going to show you how to load an order, that is, how to enter the market and make money. On the right, we have the order box. We'll see two large buttons that say " buy" and "sell." But be careful, don't
[04:24] start doing anything without first doing what I'm going to explain. With the first button at the top, we're going to change the account type. If you're a beginner, I recommend you select "isolated," since at most you'll lose the money
[04:38] you put into the trade, unlike with " crossed," where you can lose all the money you have in the futures account. Once you select "isolated," click "confirm." Next to it, we have the leverage setting. If you're a
[04:52] beginner, I recommend you leave it at 1, because if, for example, we set it to 25, our profits will be multiplied by 25, but so will our losses, with the risk of losing all our money in a matter of seconds.
[05:07] So, if  If you're just starting out, leave it at one and click confirm. That's how it needs to and click confirm. That's how it needs to be isolated, with at least one "x" while you're learning. Once you get the hang of it, you can gradually increase the amount.
[05:21] Now, let's open a market order. So, we click where it says " market." In a market order, what we're doing is opening a position at the current price, which is doing is opening a position at the current price, which is
[05:37] need money. As we can see below, I do n't have any available. So now I'm going to show you how to transfer money from spot to the futures wallet. For that, we're going to click on these two arrows. What we're going to do here is
[05:53] transfer money from the fiat and spot wallet to the futures wallet, in this case, USDT. spot wallet to the futures wallet, in this case, USDT. I'm going to transfer 21 dollars and click confirm. Now we can see our money available in the order box.
[06:07] Now, if I think the price is going to go up, open a long position, and if I think the price is going to go down, open a short position because in futures trading, you can profit when the price falls. Now, let's do an
[06:20] example by opening a buy position. I'm going to put in my 21 dollars.  And I click where it says "buy" and we see that below the chart it shows the
[06:32] position we just opened. It tells us to enter how much money we put in. On the right we see something that says " liquidation price." The liquidation price
[06:44] is a price at which, if Bitcoin reaches it, our order is forcibly closed and we lose all the money in this position, that is, $19. In this case, we don't have a liquidation price because Bitcoin would have to reach 0 for it to be
[07:00] liquidated. Where it says "pnl" are profits and losses; that would be what we would be gaining losses; that would be what we would be gaining or losing. In this case, if we were to close the position, we would be losing 2 cents, which is a loss of
[07:16] 0.08%.  If I think I'm already losing too much, we can close the position. We can close it at the current market price, at a specific limit price, or simply close all
[07:32] positions. I'm going to click on " market" and it closes instantly. Now let's do an example with a sell position, or a short, which is to profit if the price falls. Here, I'm going to move the
[07:47] slider to the right to put in 100% of my money, or $20.97. But we see that it only takes $ 19.20 to open the position. This is
[07:59] because the minimum amount to open a position is 0.001 bitcoin, or $19.20 USDT. If we wanted to open a larger position, it should be 0.002 bitcoin,
[08:13] larger position, it should be 0.002 bitcoin, something like $37. We could open something like $37. We could open a position for $21 USDT, but for that we would have to increase the leverage, but we're not going to do that
[08:25] because we're beginners. Now, if I click on "sell" or "short," below we see that the sell position has been created. What changes is the color to red because in a
[08:37] Short position, and now we're going to make money. If the price falls, we see that the the price falls, we see that the liquidation price is $38,090. If the price touches this number, we lose all our capital put into this position.
[08:50] Because if Bitcoin rises 100%, we lose 100%.  Because it's going in the opposite direction to what we think. On opposite direction to what we think. On the right, we see the abbreviations TP and SL. One
[09:03] means Take Profit, which is taking profits, and the other means Stop Loss, which is cutting losses. If we click here, the following box will appear where we can set limits. At the top, we can see the price at which we entered:
[09:18] see the price at which we entered: $19,125. In a normal order, the Take Profit is above the price because we profit when the price goes up. But now that we're in a short order, we profit when the price falls. So,
[09:30] the Take Profit should be below the entry price, and the Stop Loss should be above the entry price because we lose when the price goes up. Let's do an example: I entered at $
[09:45] do an example: I entered at $ 19,125. So, in Take Profit, I'm going to put $19,000, and in these blocks, I'm going to put $ 19,200. We see that it automatically shows us how much we'll profit if it reaches
[09:58] that price and how much we could lose if it reaches this other one. Now, if we click confirm, the chart shows us the Stop Loss and the Take  The profit we just set up works like this: Take Profit and Stop Loss. But we do
[10:13] n't want to wait until it reaches those prices, and as we see in the NLP, we're already in profit. So let's close all the positions. I click confirm, and we see that the position was closed automatically. We see that the
[10:27] available money isn't $21 like at the beginning, even though we just made a little profit. This is because some companies charge us commissions every time we close positions. That's why I left a registration link in the description and the pinned comment
[10:41] so you can get a discount on commissions. This will help you save money. Now I'm going to explain limit orders. With limit orders, we can enter at a specific price, that is,
[10:54] a different price than the current one. For example, I want to open an order at example, I want to open an order at $19,000, not $19,089 as it is currently. Below, I enter the amount of money, and it creates a buy order. When
[11:08] price has to be below the current price, unlike a sell order, where the price must be above the current price. In this case, I'm entering $19,000.  dollars that is below the current price. So I'm going
[11:25] to place a buy order. We see that what we just placed doesn't appear as a position, but rather as an open order because it's something we placed but hasn't entered the market yet because it hasn't reached that price yet. If the
[11:39] because it hasn't reached that price yet. If the price reaches $19,000, the long order will open. On the screen, we can see the limit order we just placed at $19,000. The price is currently at 19,094. If it falls and reaches this limit of
[11:55] $19,000, which was the order we placed, our order will open and become a long position where if the price goes up, we win, and if the price goes down, we lose. In this case, I'm not going to wait until it opens. So I'm
[12:08] going to click to the right of the trash can icon to close the order. Canceling these orders doesn't charge us commissions because we haven't entered the market yet. Now let's do an example with a sell order. We're going
[12:21] to put a price higher than the current one, for example, $ 19,200. We put all our money in and click sell or short. Again, we can see the open order here.  Below, but this time it tells us that the order is a
[12:35] sell order. We can see the loaded order; if and a sell position is created. If the price goes up, we lose, and if the price goes down, we win. Since I'm not going to wait for the order to open, I
[12:51] click cancel. But you can leave the order placed and go to sleep waiting for that to happen. As we saw, that's how futures trading is done: we buy contracts and sell them. This is a basic video. If you'd like to learn
[13:06] other things or for us to make a more complex video, ask me in the comments. Remember that below in the description and in the pinned comment, I'll leave a link for you to register with a 10% discount on commissions. If
[13:21] you liked the video, remember to subscribe and leave a like. See you next time!