The ten most common questions from beginners
Ten questions that keep coming up, almost word for word, in forums, comment sections, and exchange help pages - answered briefly, with a link to the matching lesson for the full explanation.
"I only had 3x leverage - how could I get liquidated?"
Leverage only sets the distance, not the protection. Without a stop-loss, a position keeps running until the margin is used up. At 3x, that takes a price drop of about 30 percent, which crypto has done more than once.
"Why is my fee so high, I only put in 50 euros?"
Fees are calculated on the position volume. With 5x leverage, 50 euros of margin becomes 250 euros of volume.
"I used a limit order and still paid the higher fee."
A limit order that fills immediately counts as a taker. Only an order waiting in the book is a maker. Post-only prevents the mistake.
"My stop-loss triggered even though the chart never showed the price that low."
Possible reasons: the mark price, the gap between bid and ask, or slippage in thin markets.
Mark price and margin modes · Spread, slippage, and liquidity
"I wanted to average down to lower my entry. Why is that dangerous?"
Averaging down into a loss grows the position exactly when the original thesis has already been disproven. The liquidation price moves closer.
"What leverage should I use as a beginner?"
That's the wrong question. What matters is position size, derived from risk and stop distance. Leverage follows from that.
"I had more winners than losers and I'm still down."
Then the losses were bigger than the wins, or fees ate up the edge.
Win rate and expected value · Profitable trades, losing account
"Can I win back a loss with a bigger trade?"
That's revenge trading, the most common path from a bad day to a wrecked account.
"Why am I getting charged funding when I'm not doing anything?"
Funding applies at fixed intervals as long as the position is open. It's a payment between the long and short side, not an exchange fee.
"How much starting capital do I need?"
That's the wrong order. Emergency fund and debt first, then paper trading, then real money you could fully afford to lose.
Related
- Maker, taker, and fundingStage 1
- Mark price and margin modesStage 2
- All Stage 1 questionsQuestions
- All Stage 2 questionsQuestions