Questions for a practical trading on crypto Futures

January 5th, 2022, 06:59 AM

Hi,

1) How to place the following Futures Short signal ( A ), by stop-limit method?

That is; if we have one, two or more entry points and several TPx,

like as the following signal (A), how to place and execute them?

And what will SLx be like for them?

2) In signals such as signal ( A ), can we use Trailing Stop instead of TPx and SLx?

3) If we have taken a Short or Long position but it has not been opened yet,

how can we cancel it without deduction fee ?

4) while a Short or Long position is open, how can we cancel it and get out of it

with the least commission or without deduction?

5) Should we put TP / SL at the same time as taking a position such as,

Shorts (or Long), for example at signal (A), or after the opening it which

is the first position and at the same time taking the opposite position

taken to complete and close the trade?

Should the TP / SL be placed in the second position? Or for both positions

that mentioned above, that is, the first position and the opposite position,

for both of them, which completes and terminates the trade,

we should place TP / SL ?

6) How long can a futures signal be used?

*****Signal (A) :

enx = enter NO.x

TPx = Take Profit NO.x

ARX / USDT

en1: 0.0235
en2: 0.0202

Tp1: 0.0257
Tp2: 0.0274
Tp3: 0.0308

SL: 0.0184

Very Thanks,

January 5th, 2022, 09:16 AM

HI @bobyx,

It is good that you are trying to understand the basics of trading.

However, in the last several days, you have opened three brief threads that ask extremely basic questions in a form that is almost impossible to even understand, much less respond to. Each new thread is also very similar to the others. Your post in this thread is like that.

I don't want to discourage you, but I will ask you to not keep opening new threads for these questions. Having several threads on the same or nearly the same topic just makes the forum harder for others to use.

We encourage questions of any type, but please understand that they will not always be answered, if it looks like you simply should have done more homework first. There are many free resources on the internet where a new trader can read a systematic, organized account of the basics of trading. One that you may want to try is Investopedia, https://www.investopedia.com/ . There are other sources you can find if you look for them, and they will help you understand the basics.

I am closing the first two of your three threads, because they are totally repetitive. As it is the latest one you created, this will be left open, and you may, of course, ask any questions you wish here. I hope that someone will provide the answers you need to better understand the topics.

And please, do more reading on your own so you can get a better grasp of the the most basic parts of the subject.

Thanks.

Bob.

Questions for a practical trading on crypto Futures

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Questions for a practical trading on crypto Futures