BankCoin is a key constituent of the fintech system which enables trading, saving activities and givesaccess to other upcoming services in the BankCoin ecosystem. BankCoin is created for two main objectives.Firstly, it is the energy of the internal mechanism in the BankCoin ecosystem. Secondly, it is the governance component of the BankCoin system. Each BankCoin wallet is initially provided with a predefined amount of BankCoin and cannot be used without a minimum BankCoin balance.
A Place to Trade Expensive (More than 150 Keys) Items
With the subreddit of /globaloffensivetrade being overwhelmed by traders that most people cannot trade with, a new subreddit has been made for the traders of higher tier items so that the traders of /GlobalOffensiveTrade can trade on their own and find people of their own trading margin, aswell as an area for higher tier traders.** [Rules Here!](nothingyet)
The Utah Jazz had the #1 Offensive Rating in the NBA since trading for Jordan Clarkson on December 23rd, with a considerable margin above the Dallas Mavericks. With Bojan Bogdanovic out, where do you expect their offense to rank in the bubble?
Utah's offensive rating since December 23rd was 116.5, and the Dallas Mavericks had the #1 offense in the league for the full year at 115.8. It's easy to say this is a cherry picking stat, but it's for the majority of the season, and the eye test adds context given that the Jazz probably had the worst bench unit in the NBA until trading for Clarkson. However, Bogdanovic is now out with injury and was averaging over 20 points a game. He was also the go-to option down the stretch in close games, with two notable game winners this season. The Jazz will clearly miss his offensive upside, but given that they were already elite offensively, how do you expect them to rank offensively without him in the bubble?
Beginners question: when margin trading, the funding fee is calculated on the leveraged amount, so if I buy for 100 with 10x then 0.5 % funding fee would be 5, meaning actually 5% of my investment. Is that a correct assumption/calculation?
It's all in the title basically. I was surprised that such a big absolute amount gets substracted.
Market Maker Crypto bots for Spot Futures and Margin Trading The Market Maker bot is Gunbot's most precious jewel, the only way to obtain it is thru upgrade with our Gunthy token ranking system, only members on the top 10 list on the ranks have access to it unless Gunthar decides
@cz_binance: RT @Revain_org: ⚡️Today we've added a "Company guide" tab to the @binance page on Revain! This guide covers all useful information about #Binance Exchange including fees, margin #trading, withdrawals, bonuses etc. 🔗Learn more: https://t.co/4J11BBVTmF https://t.co/POMtGHR6hV
@binance: Today @Binance: 🔸 Launched New Fiat On-Ramp for the Ugandan Shilling $UGX 🔸 API Functionality Now Enabled for Isolated Margin Trading 🔸 Updates to the @AugurProject $REP Token Swap Check out all of today's announcements: ➡️ https://t.co/RKYTwjH4u6 https://t.co/KvCQ0DkPKL
Day trading on Margin Account. Any potential issues in the longer run with the tax dept?
Hi, Sorry if this is a noob question but I read all possible resources online/personal finance sites but could not get a satisfactory answer. I have been doing some day trading on my margin account for over a year now. Not every day but few trades in a week or sometimes even just a few trades in a month. I have made some nominal profits. I reported capital gains in my returns (took the help of a CPA in calculating the ACB value and calculation of taxes on capital gains). It was nominal. My question is if I continue to do day trading and maybe increase the frequency of trades, can it create issues for me in the future with the tax dept? I will make sure to report all capital gains correctly. Will a large number of trades attract any undue attention. I trade a few thousand in day trading ~15k CAD at a time. Can the CRA raise any objection seeing the volume of day trading? I believe mine is still very small to more experienced traders/professional. But just wanted to make sure that these small gains do not unnecessarily result in issues in the longer run. And yes. I do not day trade on TFSA/RRSP accounts. Only the margin account. I would be very grateful if the more experienced folks on this amazing subreddit share their opinion/advice! Thanks a ton!
The MUST DO's and DONT's of Leverage/Margin Trading (Plus a Short Intro on Margin Trading)
The MUST DO's and DONT's of Leverage/Margin Trading (Plus a Short Intro on Margin Trading) Let's quickly describe what trading using leverage means. Let's say you have $100 in BTC and want it to grow in terms of SATs (small pieces of a BTC). You don't have money to buy more BTC but want to try to predict if the price will go up or down. So you take that $100 and decide to trade using leverage, 1-100x. For this example I'll use 10x. If you are using 10x leverage your $100 gives you access to $1000 in trading $$. If the price of BTC is $8,000 and you go "long" because you expect the price to go up, you have a position worth $1000 in BTC now open 'long.' Because you only 'own' 10% of the money you are using to buy/sell BTC if the price of BTC drops 10% you are liquidated (whole position lost). However, similarly if BTC goes up 10% your $100 becomes $200. Leverage can work very well in your favor or against it. For this example of BTC at $8,000 if BTC moves $800 in either direction you lose the whole position, or gain 100% (and all the small incremental %s in between). Once the position is ready to be closed you ALWAYS pick "limit" and enter a price, even if higher than the actual price because the fees for "market" orders are usually 5x the price. NOW THE LIST of to DO's and DONT's of Leverage Trading
ALWAYS USE LIMIT ORDERS, the fees for market orders are MUCH higher.
ALWAYS set the stop limit (where it sells automatically) $2 away from your actual liquidation point, if liquidated the fees are MUCH higher, like $50 vs $5.
PATIENCE is a virtue. If you enter a position and it goes the wrong direction for an hour, STOP watching it. Enter the position, the point of selling (limit order) if it goes UP or DOWN, and walk away. Your anxiety will NOT impact the price.
Buy or go long on major dips into support, sell or short on major pumps into resistance.
Fade what your "instinct" tells you to do. The whole world has that same 'instinct.'
Understand 100x is basically gambling, 50x too, but they can provide immense returns (or losses).
Long positions on BTC ALWAYS make more than short positions. This is because if you long BTC and the price goes up, you have more BTC at a higher price. If you short it, and it goes down, great now you have 2 BTC instead of 1 but the price is 30% less. You make more with 2 BTC when the price is 30% higher (in terms of USD).
Emotionless. You will loose AND win trades. Understand what you risk you MAY loose also understand how to profit similarly.
Stick to under 10x leverage unless you want a real gamble (it's exciting though).
@binance: #Binance Futures Leaderboard Name: @RookieXBT 🧲 $USDT Margined Futures: 🏅 Rank 73 - Weekly PNL $62,287.75 🏅 Rank 47 - Daily PNL $43,518.27 Follow Rookie on the #BinanceFutures Leaderboard to stay up to date on his trading performance.
@cz_binance: RT @binance: #Binance Futures Leaderboard Name: @cubantobacco $USDT Margined Futures: 🏅 Rank 99. Monthly ROI 1,353.7236% 🎖️ Rank 100+. Monthly PNL $ 75,960.76 Follow Cuban on the #BinanceFutures Leaderboard to stay up to date on his trading performance.
@binance: #Binance Futures Leaderboard Name: @cubantobacco $USDT Margined Futures: 🏅 Rank 99. Monthly ROI 1,353.7236% 🎖️ Rank 100+. Monthly PNL $ 75,960.76 Follow Cuban on the #BinanceFutures Leaderboard to stay up to date on his trading performance.
Theta Gang and selling Options does not always work. I’ve lost $20k since 2018 and $3k in a month and even had a margin call. When you try to actively trade the markets without an edge, on a long enough timeline your expected return is $0.
@binance: #BinanceFutures Leaderboard Name: @SatoshiFlipper $USDT Margined Futures: 🏆 Rank 9 - Monthly PNL $1,150,042.99 Follow Satoshi Flipper on the #Binance Futures Leaderboard to stay up to date on his trading performance. ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
In the Forex world, brokers allow trading of foreign currencies to be done on margin. Margin is basically an act of extending credit for the purposes of trading. For example, if you are trading on a 50 to 1 margin, then for every $1 in your account, you are able to trade $50 in a trade. Margin trading is a term that is a concept that allows traders to invest using borrowed money. The best way to explain margin trading is to use an example. Assume that you had $10,000 and you want to invest in Amazon stock that is trading at $1,800. In this situation, you can use your $10,000 to buy 5.5 shares. Trading on margin. Buying securities on margin allows you to acquire more shares than you could on a cash-only basis. If the stock price goes up, your earnings are potentially amplified because you hold more shares. Conversely, if the stock moves against you, you could potentially lose more than your initial investment. Margin and Day Trading . Buying on margin, on the other hand, is a tool that facilitates trading even for those who don’t have the requisite amount of cash on hand.Buying on margin enhances a Market Volatility, Circuit Breakers, and Trading Halts. General Questions < Investing. Help Center > Investing. Investing with Margin. Overview Downgrading from Gold Margin Calls Margin Maintenance Using Cash Versus Margin Increasing Your Margin Available Minimum Margin. Can’t find what you’re looking for? Contact Robinhood Support.
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