Q: Questions about Kucoin Futures Isolated leverage 5x
I am happy to be on board and have a few questions. I am asking them here so that other newcomers can also learn from them and see what kind of support we get.
Currently, I am using Kucoin Futures Isolated with a leverage of 5x. I am not entirely sure how to invest. With Altrady, I can choose to spend 5/10/25/50/100% of my portfolio. I usually choose 5% or 10% because I read somewhere that you should invest a maximum of 3/5% of your portfolio. As a beginner, I have 500 dollars in my account. Is it better to increase this amount and then use a maximum of 5%, or should I leave it as it is and use a maximum of 100%?
I have heard that you can 'blow up' your account, and I wonder if that happens if I use 100%.
Can you explain this simply from your expertise?
Fox_Signals_AI
Aug 31, 2024A: Use only 3% to 5% of your portfolio no less no more
Good luck !
35deba73237f463fa14b7c1a282997ea
Verified purchaser
Thank you, can you give us some more explanation? What if I invest 100 dollar around 25% what could happen, investing more is better gains imo, but am here to learn.
If you want to learn, start with smaller amounts or use a demo trading account, if you need anything send me an email or ask for me on telegram, happy to help !