3 Comments I Forgot To Make In This Video (Just incase you are new to Long/Short trades) : 1: You can also trade ETH and BTC long or short on Jupiter (On SOL). 2: A long is betting the price will go up, a short is betting the price will go down. 3: When trading with leverage the coin's % gains or losses will be multiplied by your chosen leverage.
Hi, and what about your entry price?. Doesn’t it get charged as a kind of commission for opening the perpetual? Like you can get your collateral liquidated if that lower price is reached, but if you keep up for a while, and want to close your position at some point, aren’t you paying the fees and also the amount of the entry price? Hope that question makes sense, Thanks
It all comes down to how much risk you’re comfortable with. If you are confident in your trade with leverage you can make 100x more than you would trading normally
@@StinkyScrublet how do you make 100x? I mean aren't you going to make 100x anyway from a normal trade? If I put 10 dolars on a position and use a 100x leverage isn't the same things as put 10 dolars on the same positions and wait until reaches 100x?
@@marcuslucasjb No its not the same. If you put 10 dollars on a position with a 100x leverage, you make way more when it goes up, but loose way more when it goes down too and at some point you will get Liquidated and your position will close automatically when you are down 10 dollars. If you just buy the coin, it can even go to 0 and you can hold it through, because its just your money and not on leverage
For all you guys trying to trade less then .1 this is not financial advice but personally I’ve stopped working from perps. Awesome video man! IMO you explained it perfectly for anyone with knowledge in the space or without to understand. Hope you had longs in at time of post🚀
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3 Comments I Forgot To Make In This Video (Just incase you are new to Long/Short trades) :
1: You can also trade ETH and BTC long or short on Jupiter (On SOL).
2: A long is betting the price will go up, a short is betting the price will go down.
3: When trading with leverage the coin's % gains or losses will be multiplied by your chosen leverage.
Can your trading account go negative if you used too much leverage and you degen like a 100x ?
@@getbuffgetbetter negative? No you just lose the collateral you put in
@@StinkyScrublet makes me want to just degen and 100x leverage $1K ahah thanks
Great attitude on this guy, much appreciated on the explanations!
Many thanks!
Thanks for your interesting update. Good luck in your transactions 🍀👍
Hi, and what about your entry price?. Doesn’t it get charged as a kind of commission for opening the perpetual? Like you can get your collateral liquidated if that lower price is reached, but if you keep up for a while, and want to close your position at some point, aren’t you paying the fees and also the amount of the entry price? Hope that question makes sense, Thanks
Do shorts get a funding rate fee? Like most perps.
DOES THE SPREAD SPREADDD A TON DURING THE WEEKEND AND COULD GET LIQUIDATED THAT WAYY.. DOES ANYONE KNOW?
Can we place a limit order in jupiter ?
Why am I getting charged like 10-15 dollars per trade?
What does „minimum 10 usd collateral“ mean ? i can’t click on Long Sol
Very helpful. Thank you.
so what is the point of doing this? Why not just buy and sell whenever you wants with a normal trade?
It all comes down to how much risk you’re comfortable with. If you are confident in your trade with leverage you can make 100x more than you would trading normally
@@StinkyScrublet how do you make 100x? I mean aren't you going to make 100x anyway from a normal trade? If I put 10 dolars on a position and use a 100x leverage isn't the same things as put 10 dolars on the same positions and wait until reaches 100x?
@@marcuslucasjb No its not the same. If you put 10 dollars on a position with a 100x leverage, you make way more when it goes up, but loose way more when it goes down too and at some point you will get Liquidated and your position will close automatically when you are down 10 dollars. If you just buy the coin, it can even go to 0 and you can hold it through, because its just your money and not on leverage
In hindsight, do you wish you had just opened up a bigger long here and said YOLO over the next 2 weeks that followed? :D
Thank you! Helpful video
For all you guys trying to trade less then .1 this is not financial advice but personally I’ve stopped working from perps.
Awesome video man! IMO you explained it perfectly for anyone with knowledge in the space or without to understand. Hope you had longs in at time of post🚀
I just started, opened my first position yesterday, need to learn more yet though
That's great information
Thank you man🙏❤️
What about holding forever
love the humor :D