Crypto Academy Week 12- Homework Post for Professor @stream4u - Crypto Margin Trading & Crypto Leveraged Tokens Trading by @kelechisamuel

It was a beautiful lecture by @stream4u very insightful and educative, so I will be participating in this week's homework post and below is my work

1. What Is Crypto Margin Trading?

source

Crypto margin trading is a trading that yields big profit and also helps to rise capital very fast .In margin trading there is a triple oscillation in profit and loss.
Margin trading needs psychological probing in order not to experience loss and make right resolutions when experiencing profit .This will aid your investment to double or triple during that period of time.
Simply put,crypto margin trading can be defined as a trading practice that permits traders to obtain greater exhibition to clearly defined assets by borrowing capital from other traders on an exchange or the
exchange itself.

2. How To Plan For Trading In Crypto Margin Trading.

In crypto margin tradings, there are outlines or plans that should be set out to avoid total losses and more profits in the system including ;

Totally avoiding revenge tradings :

Like we were taught in other lessons we see how revenge tradings are dangerous to margin tradings ie we should try to curb tradings risks by setting out plans well before trading and preparing our minds for risks in trading .
This would help us in times of falling markets since we would not be totally forced to place revenge tradings immediately .Like a trader who did good crypto margin plans would totally avoid revenge tradings even when he has a falling markets instead better measures would be taken

Simple Initial Investment:

As a beginner in crypto margin trading you are adviced to start your investments and trading with small capital and also expect moderate profits .This will help in increase of profits and lessening of losses

Understanding of the marginal tradings:

The understanding of this marginal trading would give a lot of better results to the trader since he or she doesn't have to make silly mistakes
This would help him understand trends which are bullish or bearish which would also have different trading strategies eg the margin trading pattern of a stable coin like tether won't he same as that of a volatile coin like bitcoin
This would help the trader in making decisions whenever in the trading process

Setting Up of Appropriate Trade Orders:

From previous lessons we can understand that trade orders are necessary before trading plans are initiated since there should be allocation for traders to benefit even from falling markets therefore plans like stop loss orders must be given a space for in trade organization .
There should be watchout orders so as to give the marginal traders enough comfort in the trading process

3. Crypto Exchanges Name That Provide Margin Trading Service and What Margin They Provide?

Crypto Exchanges Names that Provide Margin Trading Services are as follows :
*Kraken Margin Trading Service:Basically Kraken permits traders to access a quantity of fund according to the size of their order which will aid in boosting the traders gain from a profitable trade t.
Kraken trades on margin trading with ;
Bitcoin, Ethererum ,Tether , Augur ,Ripple ,etc.

BYBIT marginal trading is renowned for this utmostly low trading fees with marginal trading and various curency support
They offer trading services such as :
EOS and USDT

The FxTM service could be seen as services that involve exchange of currency for another and let's foreign investors to access the forex market. They could also be seen as world market brokers .. their trading services include Gold , Oil and currency pairs

4. What Is Leveraged Tokens Trading?

Leverage Token trading could be seen as tradings that give a chance in the exchange market
Just like its name implies it gives enlightment without concern of the needing and managerial risks . Their tokens on the other hand are the simplest way to perform their trading
They maintain a particular leverage

5. How To Plan For Trading In Leveraged Tokens?

Plans to apply when trading with leverage tokens include ;

A. Application of shoot out synergies with leverage tokens ;
Simply put said leverage tokens thrive better in changing markets and we should mark our inputs when the market is at our betterment
In other words , leverage gains are made when the beneath lying assets are high .

B. Times trading with the leverages
Like I said in the first point , the leverages have a lot to do with times and trends and so we should understand the basis of assets in the leverages trading process for example in a leverage trading process when the prices of Bitcoin goes high ,the study we have entails that we know what to do or which trade to apply then

C. Grasp proper knowledge of the tokens involved :

This is one of the most underlooked but majorly the most important as the trader cannnot thrive in what he doesn't understand
Further more the tokens should be properly understood before any divulgences are gone into so that losses won't be incurred in the process

6. Crypto Exchanges Name That Provide Leveraged Tokens Service and What Margin They Provide In Leveraged Tokens?

Crypto exchanges that provide leverage services include ;

• Binance Coin; The binance Coin has leverage with the 4x index including ;
  BCHDOWN
  BCHUP

• Sushi;The sushi swap has leverages also including :
  SUSHI DOWN
  SUSHIUP

• Tron: the Tron also has leverages also including ;
  TRXDOWN
  TRXUP

7. Price Forcast For Crypto Assets XXXXXX. (This is similar question from last course, take any Crypto Assets Chart graph, as per its current price and its market trend predict its future price for only next week, what will be its future price for next 1 week.You can predict for any direction up or down but explain it properly on what basis you have predicted the price. What will be the possible low level and high level for next week.).

After much considerations I have decided to Predict on ripple this is because of the ripple has been studied with a little historical price behavior in which the candlestick patterns indicates an opportunity for me to predict the volatility of the price action and therefore I anticipate the following changes

My price prediction for next week is the Ripple , just like we see it's price right now at l444 naira in the next one week it's high would be 1,600 and low would-be 1400 this is due to the fact that there is a great struggle between the 1300 to 1400 axis which would rise beyond in a little while

Thanks for going through my homework post, I really learnt a lost from this study

Cc:
@stream4u
@steemitblog
@steemcurator01
@steemcurator02