Should my leverage factor and trading time frame correlate?
Asked 3 years ago
I started crypto margin trading, and I'm not really sure if the length of my trade would impact the amount of leverage I decide to use and how it would affect the amount of risk I would be taking.
Arnulfo Blackwell
Sunday, August 21, 2022
It depends on the trading strategy you have in mind. If you're scalping (I assume that you're scalping with high leverage), then it's highly recommended that you stick to the lower timeframes - like 1min, 5min, or 15mins. On the other hand, if you open positions and hold them for a longer period of time (maybe a couple of days/weeks), then your leverage should be on the short side, and the chart should be with a longer timeframe.
Please follow our Community Guidelines
Related Articles
Improve Your Spot Trading Strategy—Here's How!
Filip Dimkovski
August 1, 2022
Everything You Need to Know About Hedera Hashgraph
Marcel Deer
August 22, 2022
3 Best Crypto Exchange Platforms in Argentina in 2023
Filip Dimkovski
November 2, 2022
Related Posts
Filip Dimkovski
Akropolis Explained: Features, Pros & Cons, and More
Filip Dimkovski
Can You Borrow Crypto Without Collateral?
Filip Dimkovski
Stablecoin Yield Farming: What It Is and How It Works
Thasni Maya
Top Ethereum Alternatives in 2022
Filip Dimkovski
Proof of Ownership in Crypto: How It Works
Marcel Deer
What Is Fantom (FTM) in Crypto?
Can't find what you're looking for?