How Not to Lose Everything on Volatility (using Ausfinex as an example)
You’ve already registered, you see green and red candles, but you’re still a bit scared? Congratulations, you’re a beginner. This is normal. The main thing is not to make three stupid mistakes that 80% of beginners fall into. The Ausfinex exchange here is just a convenient testing ground: there are futures, spot, and a clear order book.
1. Don’t average down losses
You bought at 50,000, the price dropped to 49,000 – you bought more to “lower the average”. It dropped to 48,000 – bought more again. This is called “watering a weed”. In crypto, this is how people lose their deposit in two hours.
2. Fix profit in parts
The opposite situation: the price soared by 15%, you’re glowing and thinking: “Now it’ll reach 30% – then I’ll exit”. And then the market reverses, and an hour later you’re at zero. Sound familiar?
Do it simpler: mentally divide your position into three parts. Take the first part at +5%, the second at +10%, leave the third for the extreme case.
3. Don’t touch leverage until you understand what it is
In the Ausfinex interface (Futures tab) there’s a leverage slider: x2, x5, x10. Looks harmless. In reality, it’s a “drain your deposit 10 times faster” button.
While you’re green – forget about leverage. Trade only on spot on Ausfinex (Trading tab – Spot). Yes, the profit is more modest. But you won’t die from a 3% price movement against you. Turn on leverage when you finish in profit for a month straight without it. Not earlier.
Conclusion
Trading is not a lottery and not a test of courage. It’s boring work by the rules. On Ausfinex you can train with 10 USDT – and this is the best simulator for your patience.
