00:00In this video, we're talking about how to trade on BTCC, so a complete derivatives class on, you know, the
00:08futures trading system using BTCC, which is an OG cryptocurrency exchange.
00:14It's been a day in the market for a very long time and I think over 10 years.
00:20And really what they do is incredible in terms of their offering.
00:25You can trade crypto derivatives, futures and perpetuals with precision.
00:29You can understand also leverage, liquidation and funding mechanics and managing risk as a professional trader and how to build
00:37a repeatable system if you want that consistent performance.
00:41So if you want to get started with the BTCC, the link will be in the description down below.
00:47Get started so you can get some really cool discounts up to 10K USDT welcome bonuses.
00:55And yeah, today what we're actually focusing on is just kind of the capital allocation and protection and also how
01:03to execute trading entries and exits rights.
01:06So all you need to do is obviously set up your BTCC account, enable you to explore the futures interface
01:12and understand, you know, kind of what contracts they do have available.
01:17Do you have quite a few and if you want to fund your account, you can do that using a
01:22USDT standard futures trading or BTC or ETH or any stable coin or any other asset that you want to
01:29deposit into the account on the platform.
01:32And when it comes to futures trading, basically these contracts allow you to speculate on price movements, you can trade
01:39longs and shorts, you can use leverage and the most common derivatives product has no expiry, which is the perpetual
01:46and you can use the funding rates.
01:48And also you can track spot prices with pips, right?
01:53So leverage is a concept that amplifies both your profits and your losses as well.
01:59But if you definitely use it incorrectly, you can destroy an entire account through liquidation where your positions are forcibly
02:07closed when your losses exceed your margin.
02:10So the funding rate side is just a periodic payment between traders, positive funding rates.
02:19That means, you know, longs pay the shorts and negative meaning the shorts pay the longs in the mark price
02:24and the last price mark price determining liquidation.
02:27Last price is what you see on the charts.
02:29And when it comes to the risk management, obviously, what I think is a professional kind of a play is
02:36risking maybe one to 2% per trade using stock losses always, you know, obviously avoiding high, high leverage and
02:43defining invalidation kind of before your entries.
02:47And obviously, the position sizing is also something that's really critical.
02:52And it matters because at the end of the day, if you're a trader, some people just focus on profits.
02:58Professionals definitely just focus on a survival or a year to survive these markets before you even think about like
03:04really being profitable.
03:07And there's market orders, limit orders, stop orders.
03:09And you can scale into positions.
03:12You can scale out gradually.
03:14You can also avoid the all-in trades.
03:16I think that's always a good thing.
03:17Some of the trading strategies to use on a platform like BTCC would be like trend following, which is trading
03:23with momentum or mean reversion, where you're trading reversals after extreme moves or breakout trading where you're entering it, you
03:31know, kind of at those key price levels.
03:33And, you know, what's important to really understand is you don't need many, many strategies.
03:37You just need to make sure you execute in a consistent fashion and always look out for the data and
03:43the market signals as well.
03:45Charting indicators, alerts, open fund, open interest, the funding rates, limitation levels, market structure, all the things that you need
03:53to definitely always be paying attention to.
03:55So I think, you know, you don't have to necessarily use a BTCC at isolation.
03:59It's a great platform, but you can have it as part of a stack, right?
04:04If you want, like, derivatives, you use BTCC.
04:07And if you just want to get real early access to altcoins, maybe you use NEXE.
04:12If you want Yield, maybe some Gate.com products.
04:15And, of course, you're not always storing your capital long-term on an offline device like a ledger or a
04:22cool wallet.
04:22So if you want to get the full masterclass, really literally a detailed step-by-step process from day one
04:29to day 30, week one, week two, week three, week four, what you need to be thinking about in there.
04:36There's a complete FAQ section.
04:37The full guide is in the links down below.
04:40But trade with BTCC with our link and get all the cool bonuses and discounts and free rebates like share
04:45subscribe.
04:46See you guys next time.
04:48With history.
04:52See you guys next time.
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