Futures Explained in Simple Terms for Beginners on Binance

[00:02] headaches, and the topic of the second video on my channel is futures, which I'll tell you about, using Ben Anso as an example. Nabi us is in the description and pinned comment, 20 percent discount on commissions when registering using my

[00:15] link. Something like futures and I have a channel about cryptocurrency in simple terms, n't go into detail. Futures are simply a trading tool. I'll show you what they are now. We are on the Ben Once website. At the top, we see the

[00:28] derivatives tab, or if you're using the phone's position, you'll see the futures tab below. Hover your mouse over it and you'll see futures, Yulya Cheers, and Coin M. What's the difference? The difference is that Coin M supports

[00:42] cryptocurrency in the account, while futures and We Wait support the U currency with D T. That is, there signed, that is, with settlements to publishers without DT or settlements in cryptocurrency. I'm to use futures and We Wait, so I 'll show you using their example, but overall,

[00:58] they're not much different. Click and you'll be redirected to the Ben Once Futures section. We see all sorts of candlestick charts and generally many, many different numbers that are very scary, but don't worry, I'll explain everything quite simply. First of all,

[01:11] cryptocurrency we will trade. Now, by default, we have can naturally choose any cryptocurrency you like the most. Let's say you can remove this, for example, and Ferrum. You can see

[01:24] Dogecoin there. You can see El-Ti. See the light coin. Accordingly, you remove the cryptocurrency for which your contracts, the so- called orders, will be. Let's assume mainly trade Bitcoin and Ethereum. On the left, I repeat, BTC,

[01:38] the rate is shown, it is updated in real time. So, let's go to the panels on the right. our trading. I have an isolated system. You have 2 options: cross-isolated. What's the difference when you trade through a cross-

[01:53] system? Your order that you place, that is, your transaction, is supported. With all the money in your isolated account, your trade is supported only by the money you put into it. Therefore, I

[02:07] recommend that you naturally trade with an isolated system because if something goes wrong, where you make a mistake, or bitcoins, like if there's a miscalculate the situation, and it turns out you'll only lose the money you

[02:20] Therefore, we select "isolated" on me. I should already confirm. On the me. I should already confirm. On the right, we see 20x. What is 20x? right, we see 20x. What is 20x? Click this. We have credit. What is leverage?

[02:33] Accordingly, in simple terms, it's a multiplier simple terms, it's a multiplier x. That is, for example, with only $100, you can put $2,000 into a trade. Why two thousand? Because 20x.

[02:48] Or maybe the first brother will put $100 to $1,000. Why does this happen? That is, you increase your profits due to this from Binance, but you also increase the risk of losing money. Keep this in mind. That

[03:03] is, the higher the leverage, the more you will earn. The greater the chance of losing all your money, this is very important. I trade on the peer, and experienced leverage. I feel comfortable on this leverage for now. Naturally, I

[03:18] recommend starting with some small leverage because the smaller the leverage, the smaller the less the risks, but for myself, I'm putting the leverage back to 20x. putting the leverage back to 20x. Well, come on, you're our dad, so confirm,

[03:33] accordingly, beat ISIS DT again. We checked the cryptocurrency that we chose, isolated trading, leverage 20x. Let's move on. There's a sign here, limit market, stop limit, here you can earlier boot stop market, trailing stop, and

[03:48] so on. Accordingly, stop limits of all kinds, stock markets, and so on opinion, we'll go into more detail in perhaps some of the next videos. Today, I'll tell you specifically about the limit and the market. Accordingly, we chose Bitcoin,

[04:02] isolated trading, leverage 20x, and now we'll either buy Bitcoin or sell. That is, the essence of conditional trading and futures is that we must, well, conditionally, guess whether Bitcoin will grow or not. It's

[04:18] natural for there to be a certain casino effect here, and tell you how to predict at a casino. On the one hand, you Musk will write in the filter and where Bitcoin will go. But I'd compare it more

[04:32] to poker, you know. If you make a competent order with conduct technical analysis on a peer, you can really make money. You know, more like poker, but here a lot also depends on expectations. I've probably

[04:45] heard stories of people buying Bitcoin on the Hive. Yes, it was expensive, it started to fall, people panicked and sold, and then after two weeks, Bitcoin melted back down, and people who sold at a loss said, "Oh, damn, why did we sell?"

[04:57] Patience and cold calculation are also very important here. So, let's go back to what a assume a limit, that is, we specify the price we want to buy at. If we click the market button, the price will be accordingly

[05:10] at the current market price, i.e. If, for example, you want to see exactly these seconds, now look at Bitcoin 41, there are approximately 550, you change your mind, well, right here it will fall, the dynamics of

[05:23] what does shorting mean, this is a bearish play, that is, you think that Bitcoin will fall, that is, we press the market, for example, it is available to us, okay, I have a lot of money, but conditionally there we can with 20x leverage, for example, I will indicate

[05:38] 2000 dollars on the peer, this is my dollars, Vitya, the cost of that SDT, that is, I will leave my personal money 100 dollars with 20x leverage in the order, I have two thousand dollars, so I am on the peer on the market now I can create an order either to buy or

[05:54] to sell, that is, if we buy, that is, write buy flash long, this means that we expect Bitcoin to grow, if we sell short, it will fall, that is, logically, the green button buy protection that it will

[06:07] grow, you sell, it means it will fall, logically, I think this is quite by I'm participating in the market right now. I'll click buy or sell. It will immediately create an order at the current price, which will be indicated here seconds per second.

[06:20] Because the market is worth it, that is, the market price at the current second. If we set a limit, we specify the price here ourselves. Let's assume I think Bitcoin will fall to 40,1500 and then begin to rise. Then, accordingly, I

[06:35] specify the limit, set the price at 41,500, and now I dollars, that is, two thousand peat, and 20x is my money. Here, the price is indicated: 99.60 cents of this 100 dollars, Jesuit of mine. I'll now click

[06:48] create it now. Let's click now. Look, I click buy long. Here we are transferred and here we see open orders.

[07:00] we see open orders. Click that, that is, a position is something when you already have money in circulation, the transaction has already been completed, and accordingly, losing or making money. An open order book, and this is Accordingly, a

[07:12] open order book, and this is Accordingly, a conditional prepayment that has have created a transaction time, Tikhiro, accordingly, a BTS purchase limit. That is, I have specified the price to which my own was indicated at 41,500 dollars. That is, if

[07:27] now Bitcoin were to conditionally drop to 40, one thousand five hundred dollars, my system would automatically start buying it. At that moment, this would already be transferred to the position and profit and loss would already be indicated here, and so on. So,

[07:42] let's make this order together, we will cancel it accordingly. Let's do it at the market price. We will enter the game immediately so that you can see how it works using an example. 41,600 is now Bitcoin. It was just recently 40 and

[07:55] 41,700. You will see how the growth speed sometimes happens. Let's use the market price. You and I can use it. Artem, although you see it is growing now, it can go there. 42 theory. Of course, let's go. Artem, okay, for the sake of the video, if we lose

[08:10] money, then we lose money. We deposit two thousand dollars again. The market is worth it. That is, as soon as I click buy or sell, it will buy instantly. That is, it will no longer be The order is not a prepayment, the same position will be, that is, because at the market price, it will

[08:24] immediately enter the game, let's go, Sims 3 41,800, I think right now you can very quickly make money, oh wow, it's growing, erase, let's have some fun quickly, buy the market, 2000 dollars, this is my 100 dollars to sell, we immediately went

[08:38] into a position below, we have a position on the left that we have a pnl position, this is should be obvious, like, you see, minus plus, this is how much you earned, that is, this is your profit at the moment, we are in the plus by 1 dollar, now

[08:53] bitcoins on the peer for 200 dollars will fall, I'll see how much profit will be, no matter what, it here you have your profit in real time, accordingly, you can withdraw at any time and look at the peer, we have earned

[09:06] now, you see, the risk is a dollar, we can immediately withdraw the profit of 2 dollars right now, 2 and a half already, we click here on the right market and Accordingly, at the current price, which is happening at this second,

[09:18] 100, which is conditionally written here, it immediately withdraws your profit, or on the right we have a limit here we indicate the price at which we want to automatically withdraw since we are a grand decrease, accordingly, it is logical

[09:31] that now Bitcoin costs 41 there 700, we created a reason, the entry price is 41,834, it turns out, for example, I think that Bitcoin will fall to 40 1,430, for example, that is, we

[09:45] will fall to 40 1,430, for example, that is, we enter 41,430 here, click limit, now it we accordingly have open orders. It is written here that we, accordingly, at the price of 40 1,430, we will withdraw our profit. What else do you

[10:00] need to know about positions? There is a margin coefficient, that is, in simple terms, this is our risk, that is, the risk for this operation for us is equal to 8 percent, which, well, in my opinion, is not very much, although everyone

[10:15] risk, naturally, it will frantically weave 20x the liquidation price is the price at which our order is liquidated And we will lose all our invested money. Now this price is 43

[10:28] thousand seven hundred and forty dollars. That is, if Bitcoin rises to 43 thousand seven hundred and forty dollars, we will lose our 100 dollars that we invested. The marking price is the price, so accordingly, at the moment, Bitcoin is at the market price,

[10:43] and the entry price is the price at which we entered the deal. The size is, accordingly, how many dollars we contributed. 20x is our leverage. [ __ ], and from BTS, we know the position at which your Bitcoin is with you. So, let's

[10:55] close the open orders, click delete, accordingly, we deleted everything. That is, I repeat, these are not positions yet. That is, you can add and delete. They are looking for a peer, they decided to buy Bitcoin, you put it there, or Metapure 41,400, then you change your mind and

[11:10] conditionally, or hasn't risen to. You enter the open order, cancel it, that is, nothing happens, the money doesn't go anywhere. In fact, now here is a good example of how to behave in such situations, for example, in my opinion. Look, you and I entered

[11:22] in my opinion. Look, you and I entered Bitcoin at 41,830 and we are playing for a fall. Oh, guys, Bitcoin is growing, it’s already at 41,960 and we are down 6 percent, minus 6 dollars. In my personal opinion, if you have already made orders, you

[11:35] really believe in your position, then you should play to the last. For example, I don’t believe that Bitcoin is now here, in the nearest future, it will rise to 43 thousand dollars 700, and then we will lose all our money. I don’t

[11:47] believe it, I’m more than stupid. It will end at 5, it will definitely drop to 41,800, back to 41,400. I think even 41,400 will extinguish it. It was literally 10-15 minutes ago, so I won’t panic right now. I just made a pit stop

[12:00] limit that suits me. Let’s say we make an order at 41,500 and press the liability limit of 5. An order is opened, and accordingly, the system will automatically give us a profit when Bitcoin reaches 41,500. In

[12:16] fact, everything is quite simple guys, I didn’t know, I tried to explain it in the simplest language possible. That is, we go to futures, choose the cryptocurrency we trade Bitcoin, Thorium, whatever you want, you can trade Dogecoin, I do

[12:29] n’t know what everyone likes there, choose isolated trading, choose the leverage we want to trade with, set the price either at the market, we buy immediately, enter a some kind of limit, making a prediction, so to speak, and we fly in, we

[12:42] indicate the cost, that is, the cost here you indicate the quantity. I think specifying, that is, it is prohibited for a peer 20x. You want to contribute, I don’t know, 100 dollars of your own, then everyone should indicate two thousand dollars. But objectively, here

[12:55] again, on the bottom right, it is written, that is, the cost that will be, that is, here the position, and 20x is me, they bring my own money, 500 dollars, well, or for a peer 500 dollars, and 2x is my own money and I will contribute only 23 dollars of background to buy and

[13:09] sell, that is, we sell this We're also playing for a fall, I think Bitcoin is falling. We're buying. We're playing long. I think Bitcoin is a rather interesting tool for energy. There's enough risk involved. So, everyone should decide for themselves

[13:21] I'm pretty hooked on this topic right now. I've been doing it both in my trading and in my losses so far. I can record a more detailed video for you. it'll probably be a month since I've been actively involved in futures. I'll

[13:35] tell you the results. Here are the real numbers. That is, how much I deposited, how much I entered, what my bets were, how much I earned, how much I lost. So, I'm to write about it in the comments. Is it worth making a video? I also forgot to mention a

[13:47] rather important thing. In fact, you have a futures wallet and a recession wallet. They are naturally separate. So, in order to engage in futures, we first need to transfer some of the money from the recession account, and where your

[13:59] very easy to do, just hover your mouse over the wallet. Review. The wallet page. On the right, we click " transfer" here from "feat" from "under feat" from "under my

[14:13] where you invest cryptocurrency and simply store it for futures. Coins are everywhere with us. That is, your balance should be "yu" with "dt", that is, a dollar, and accordingly, we indicate the amount. I now see that it is not there, here in the

[14:27] confirm", all this is even without a commission, that is, this is within the Ben Ansa system. There is no commission for such transfers, as far as I understand, but it even says internal free. Click "100 dollars" to passersby, confirm, you have it and the

[14:39] money will fall into the futures account and they are also divided here in statistics. Wallet overview. Here we will show the money from all balances, but if you futures account, click "futures" on the account and here you

[14:52] clean for Futures, accordingly, you transferred to futures, traded something, and wanted to withdraw. The system is the same: click transfer here, select it, and it turns out feat, put it here, select futures, and m, here is your

[15:06] you don't want to withdraw for thousands of dollars, confirm, and departures to topics on your main sport are transferred to the wallet. Q, but as usual, I tried to explain the topic of futures as simply and quickly as possible, and I hope everything was clear. That is, you can also draw your

[15:19] get into this topic or not? Yes, of course, you can, especially with high leverage, make good money if you bet, but you can also lose it. That is, there is a certain casino effect. But if you study, if you

[15:33] trade, especially on these small jumps. I think you can consistently stay in the black with this, and at least for now, it works out for me. We'll if you want a video on this topic in the comments, be sure to

[15:46] Listen, because with my link you get a 20 percent discount on The commission is in the description or pinned comment. Thanks for watching. Be sure to write in the comments topics you'd be

[15:59] interested in seeing me analyze. Subscribe to the channel. I wish you happiness and Subscribe to the channel. I wish you happiness and health, of course, and more X's.