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New to trading futures on Binance. I don't get it. How much ROE% should I even consider as a minimum before taking profit, to actually make money?

Binance

Cryptocoins Exchanges / Binance 145 Views

I started buying and selling futures with a small account on Binance. I do use loads of heavy leverage, as I'm principally making an attempt to scalp. It looks like each time I close an extended or a brief, even if it is referred to as in advanced, I find yourself doing either cents or simply no money at all, even if I used to be 3-8% within the green with the trade, earlier than their reduce.

Am I over-leveraging? Am I taking too small base hits? I need to do this long term and I perceive tat the beginning your account will take a while to develop, however it looks like 75% of my profit will get eaten away by expenses.

submitted by /u/CuteBonker
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