aFuture trading is high risky and more profitable trading option which we have to trade in binance. so you can earn profit if you have best knowlage abaout future trading. this is 1st step what we need to know before start future trading, that is how to put future trading order. here we are providing you how to put future trading order.
lest talk that step by step
1st you should go future trading surface. its look like below.
We will talk about it divided into 3 topics.
01.Header
02.midle face
03.Below face
01.Header
in Header we can see the place which showing coin name as TIAUSDT, we can select which coin we use to trade by clicking on the coin name. we are gointo like this surface which we mentioned below.
We can see number of coin including to that surface. then we can search name of the coin which we want to use trading. then we can select the coin as we showing below picture.
We can now see that the Coin we have selected is in the main frame as shown in the highlighted picture below.
Let's see how we can prepare the first frame for the trade after we have selected the coin.
How To Prepare 1st Fraime For The Trade
We can see there are 2 type of trading mode that is CROSS MODE and ISOLATED MODE. most of time we are using that cross mode in the trading. so you prepare your mod as cross, how we sowing as below picture.
and leverage is another important thing when we are trading. so you can change your leverage from where we mention in below picthure as x10x20 x50 and more leverage if available in selected coin. We use this leverage to decide how many times more coins we buy.
To keep the mode called S here, as we have shown in the picture below, we don't need more details about it
Now let's see how we can make the 2nd frame.
Here we select the type of order and how much of our wallet balance we will use for this order. there are several type of orders but mostly we are usinh limit and market orders when we are trading,
From there, we mostly use market orders, which means we buy at the current price. In limit orders, we select a limit and then buy or sell. In any case, it is easy to buy at the current price by looking at the market and putting it in market mode
As shown in the picture below, we can set the line here and decide how much money we will use for this order.
and here we can choose buy or sell order.
After we take a buy or sell order, we can take care of all the details of that order from this position.
and then after make profite, we can close our order just clicking on that close position button.
just after clicking that button we are coming to like this surface which we mention in below picture. we must select MARKET at this place
and we are able to select what precentage of position we are closing at market price.
we can book profitafter clicking confiem button.
that is all important thing what we need to know before start future trading position. we have to learn lot of thing abaut future trading we will learn that all step by step. just stay tune with us.