How to Trade Futures on Binance? Trading on Binance Futures | Cryptocurrency for Beginners

[00:07] futures on the Ben exchange. Once I will tell and show how to open trades, we will analyze selling, that is, how to open a position, what type of margin to choose, how to choose leverage, and so on. We will analyze all these little buttons that may

[00:21] starting to understand cryptocurrency and starting to understand trading, then be sure to channel. There is a lot of useful content here. Like this video and watch to the So let's start. We will analyze the basic mechanics of Gram, which you should

[00:34] click on, what to do. So you have an account on the financial exchange, it was link. Description: You receive additional bonuses in the form of a discount on the trading commission. Now you want to study futures. Go to the derivatives tab, select

[00:47] futures, and everywhere you go, you will find yourself in the exchange terminal. Giant cheers. If you have will need to create an account. There is a button to create an account. It's that simple. Click there, it's full, fast, small, insure everything, you're ready

[01:01] need to do is, of course, top up your futures wallet because the transfer button, this is a small button with two arrows, or you can do this with drams from your wallet. This opens a window

[01:14] where you can select a feat from under here, futures, and accordingly, there is no select the amount you want to transfer anywhere. Click confirm that we now have up to 88 child views available, which we can trade.

[01:27] important buttons that you need to understand how they work: margin type and leverage. Let's start with the type of rye available: cross-isolated, briefly, confirm. Cross margin has already been used by more advanced users. In

[01:43] short, with cross-rye, the entire balance of your futures wallet is taken as collateral. For example, you have a low cross margin position open, and one of these positions is liquidated, or thus all positions that have become isolated

[01:56] will also be liquidated. It's a barge. Only the amount set for the position is provided, that is, for example, we have 500 dollars available in our wallet, you opened for 50 dollars. These 50 dollars will be liquidated if the price

[02:08] isolated, click confirm, then select the leverage. By the way, by default, there is a cross margin and 20 leverage here. I recommend setting it no higher than the second or third leverage. You just started, but

[02:21] fifth leverage, and the highest leverage. I sometimes use higher leverage when testing this strategy and on very small volumes. The leverage increases your is, if you only have 100 dollars available with the fourth leverage, you can

[02:35] break 400 dollars with the hundredth leverage. You can trade for ten thousand dollars with only 100 dollars. But as you understand, the higher the proportionally as your potential profit grows, your

[02:48] losses grow, and you can lose everything. Therefore, we set the third or fourth leverage there as a maximum and click confirm. Next, go from top to bottom, select the order type: limit order. and I'll start melting how to get out a large

[03:00] amount of fat is available if you don't understand how they work, then here are the videos that I have on the channel, you can watch it and understand each of will only need a limit and market order in principle in order to trade the

[03:13] perhaps even without being used, so let's now briefly go over the market limit order and start with the market, this is an order that is quite modern at the current price, that is, now the price is 20 out of 38 and I

[03:26] can enter the amount for which I want to buy now or use the slider ratios, for example, let's open a position on the market for 64 bucks, that is, the margin is approximately 21 bucks, why 21 because we have 3 leverage, that is,

[03:41] the ball is available 8 8 and if I select the maximum, then I will be able to trade for 207 bucks, so we select 25 percent, let's then immediately come to these DPS buttons, this is take profit and stop You can set a loss in advance when opening a position,

[03:56] that is, a take profit immediately to lock in your profit, a stop loss but at the same time, I must close the stop loss in the minus, it can hide and breakeven and can close in the plus a little later, we will talk about this, so let's

[04:09] immediately enter a take profit, for example, a donation of 21,750 and a stop loss, for example, at 21,250, let's say this is all for example and just click buy on the market, we have an

[04:21] instant position opened and it is already visible on the chart, these order lines appeared unopened orders, these are respectively stop loss and take profit and when the price reaches one of these marks, this order will be triggered, that is,

[04:34] if the profit is reached, the position is closed and the accordingly, if the stop loss and take profit are reached, they will be canceled, the position will be closed in a small minus. A common question: if these lines are not displayed on your chart,

[04:47] then dir auto, hover over this button show settings and select the checkbox for open orders and positions. This question is very often asked. The answer is so simple. Now you have a position. Let's move on. Then I jumped to points. The

[05:01] positions. I currently have an open position. Ours is 4 bucks, the margin is 21. That is, I can right now reduce part of the position or the strip. Click on reducing the position. Now I can move the slider by about 50 percent. I bought accordingly.

[05:15] Now I click on selling. And as you can see, I already have half of my position here. It was there in 2010, and now it's already 14. Accordingly, I can also close it completely by selecting 100 percent or by clicking on the button. Just market

[05:29] here, but for now I won't click on it. Let me cancel the stop loss and take profit now. We'll talk about how to place a stop loss if the position is already open. Here is our position, and at the end there is a small button with a pencil.

[05:41] window opens for us: take profit and stop loss. And take profit. Ours is being taught how we And take profit. Ours is being taught how we completed the duet, and 20 is our stop loss, closes in the minus because your position can be liquidated. I'm

[05:57] just confirming now. You see, it says liquidation 14328 here. Yes, with that, and it may never be reached in principle. The risks aren't that high when you have big leverage. If the price reaches the mark, all of us have 14

[06:09] bucks, they'll just burn out. So, I'm doing my own risk preparation. For example, losing 0.83 percent there and earning, respectively, one and a half. This isn't entirely correct. It will be about 24 there. There should be a cartoon about it. The

[06:22] risk-to-reward ratio is one to three. If I'm right about my than I could lose. This is already about risk management strategies. Now, we're not talking about narrowing. Let's go back to the order. We still have a limit left, which we can also

[06:36] buy or sell assets at a certain price that you need. That certain price that you need. That is, I'm looking at 21,429, but I want to buy when the price reaches 21,313. Accordingly, describing 213 here, and

[06:50] 230 there, anime values. And in the same way, I choose I click buy on the position size. If you're going to open a short, then has appeared. Let's take the stop loss so it's visible, and the take profit is

[07:03] our limit order. When the price reaches this level, I'll also open a position at this price. Everything is basically simple. It's exactly the same. You can also expand on them by simply placing a stop loss.

[07:15] For example, if a limit order hangs above, when it's executed, both the take profit and stop loss will immediately open for me. Similarly, reducing the position. Right now, I have an open order at 14, for example, where I want to reduce part of the position, there's also Dota,

[07:28] reduce part of the position, there's also Dota, etc. To play it safe there for 2011 and here I will write 211 50 percent of the position, I reduce it, press sell, now we have a limit order to sell, exactly the same, that is, it can be

[07:42] placed here, and the position itself, or there is no account left in this field, this little button dances up to 10, select the order validity time, there are various variations, just deliver the g10 order will hang until it is

[07:57] executed in stripes, for example, there is the second one, if the order is not immediately completely executed, then it is simply canceled, plus they pulled in an order for a limit of $ 1,000 for it reached but did not want the volume and there was only $ 500

[08:09] filled. In the case of the first option, it will also remain hanging until and when the price again returns to this price range in the basis, this position will begin to fill again, and in the second option, this order will simply be canceled, $ 500 will be executed, the

[08:23] rest will be canceled if you are just starting out. In principle, leave it as is and practice on what you have So, summarize and talk about everything again quickly. I also

[08:36] left out the limit order because it's not needed now, and so why do I repeat it often? Practice is the best way to learn something rather than cramming books or watching someone else do it. You can repeat these actions,

[08:48] you through it again specifically for you. How to open a position, how to deposit some minimum amount, and just start clicking, clicking, clicking on all these buttons yourself. Do n't think that if you come here for

[09:02] easily earn $10,000 by deducting $100. Futures are cool now and increase your deposit while having a small capital, but you can also keep track of everything. earning, study some strategies, what kind of trading style is there for

[09:16] yourself, you must first study all these mechanics, and all this For example, here, I drew a level like this, a panther, and this is a strategy. Or is there an opening order on the stone? How do I open an order? How do I even do music? After

[09:30] all, if there are such questions, I need to study them first and then apply them. So, let's reiterate everything. First, we choose the margin type. We'll deliver isolation. Next, we choose leverage. Second or third, we'll

[09:44] talked about. Next, let's open it according to the market. Here, you simply enter the amount you want to open for, for example, it will be $50 or they'll crawl to it. You choose immediately. Let's open a take profit and stop loss. We'll place orders

[09:58] 20 at 750 as written. This is all just for example. I'm writing 21,250. Oh. We press "buy" and the entire position immediately opens. Nashandra is immediately set up

[10:10] to close. We either select here to reduce the position, select a percentage spread with a limit tie, or close it market-wise, or, accordingly, use these position-closing buttons if you have several

[10:23] open. For example, a common button. And here are the buttons specifically for the position, both peaceful and market-wise, to set a stop- loss and take-profit when it's open. Click on this pencil and set everything accordingly.

[10:36] Let's close the position so that in half an hour, everyone will complete their orders. All our positions have been deleted, all are closed. These are really complicated actions. The main thing is for you to just go in and practice. So, like the

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