on today's video I'm going to be taking you through a couple of different trading instruments which I think you'll find very useful and for many of you out there you may not even know it existed so let's get straight into this video I'll need you to open up the okx home page it will take you through to a page that looks like this and you'll see where it says start trading so we're going to go through a couple of different options this is part three of a series of videos that I have been doing for okx just to give you a heads up on that the link is in the description below if you haven't already joined and you would like to use the referral link below it does give you access to sign up bonuses and without further Ado hover your mouse over the trade section over here and then if you click on simple options that will take you through to a page that looks like this and for many of you you may not be too familiar with options tradings options trading is essentially it gives you the right to buy or sell any underlying asset on a fixed day in the future and I'll explain a little bit further this is not going to be an options trading course or seminar by any means I'm just touching on the different instruments and tools that you have at your disposal on okx and the markets are becoming more sophisticated within crypto and these different instruments and assets are moving over into the crypto sphere which gives you more power and tools to manage your risk better and its Works in essence like this you'll say do you think that Bitcoin will fall or you can click that Arrow do you think that Bitcoin will rise and now you're predetermine what you think the price will do over the next coming months and essentially it works almost like an insurance contract so let me explain a bit further I'm I believe it's going to fall how far do I think Bitcoin will fall it's hard to say I think on the lower end I'm gonna go around 14 000 as I believe but Bitcoin will fall to about fourteen thousand dollars over the coming months when do I think that would happen also difficult to say you see now you need to choose your expiration date do you think that it's going to happen on the 20th of October 21st of October 28th of October 25th of November 30th of December I'm gonna go to the 30th of December and it shows you the contract or the put that is available to you at your disposal if I were to choose this one over here let's click on it it's essentially showing you that this contract will cost you 1 422 so if you are right you get a massive payout at the end of the day if you're wrong you'll lose that contract of 1422 dollars this is just an example of how options work and by the 25th November and here's your options this will contract will cost you 422.95 if you bought it right now and these prices will of course fluctuate over time so you'll have to dive into options yourself if you want a deeper explanation because this is beyond the scope of today's video I'm just showing you that the tools do exist let's move on to the next section over here and the next section that I wanted to focus on is the different types of trading strategies that you have uh some are automated and some can be created manually this one in particular is the spot grid and in order to get there you'll click on trading let me just show you on the top over here I did cover this in a previous video how to get there it says manual trading in the top you'll need to select apy that you would have received had you taken the strategy over the prior seven days it has been back tested it's currently a 94 return it's performing 162.67 return and the last 180 days is 74.69 return so let's click on this one over here on the city day one which has been the most valuable if you have a look over here it's showing that it's ultimately worked out a range and this is the way that the spot trading grid works so it set the range between eighteen thousand six hundred and twelve dollars and twenty thousand two hundred and forty eight dollars and for most of you out there who have been uh in tune with the crypto markets you would know that price has been stuck within quite a tight range so essentially it will buy the bottom of that range and as price fluctuates up towards the top of the range it will start selling and then it will re-add the position in at the bottom of the range and so forth and I'll keep selling as it bounces around those areas and in order to enter very very simple you just drag across how much money you want entered using the slider over here or you can just manually enter if it goes against you you can put a hard stop on those spot trading orders over there then there is also the option to create your own manual one and the way that that would workers if you decide that you have a more specified range that you want these orders to oscillate within let's say for example you decide it's set it must be 17 000 and determine the number of grids that you want you can select between two and a and 150 grids and then same thing over here you just use the slider bar and determine how much you want entered into that so I think that is pretty self-explanatory for the spot grid the next one that I want to outline to you is the Futures grid and if you go over here to the Futures grid some of you may see yours grayed out in order to fix that all that you need to do is scroll up like this and you see on the left hand side of here it says favorite spot Perpetual Futures margin make sure you you've selected Futures and then click on any one of these pairs so I've selected Bitcoin against US Dollars and you'll see this one has performed a little bit better um again the the grid strategies work best in ranges so if the market is trending and you need to understand your own technical analysis to figure out if the market is ranging or trending uh because maybe you're going to be watching this video in three four five months from now and then we're in a new trend then this is probably not going to be a profitable strategy for you it's profitable right now because the Market's been stuck in a tight range so I'm looking at this one over here you can go long or short and as you can see the return on investment uh over the last seven days is 473 which is absolutely phenomenal the orders have been set here between 17 568 on the buy side if you went long and then it's selling it at 19 417 and the short side is between eighteen thousand four hundred and twenty thousand three hundred that one's giving you um 339 in seven days I also want to really really just make it clear when you do play around with these strategies because this is this past performance doesn't indicate that it's definitely going to be the same in the future so you need to manage your risks store you need to set stop losses you need to use less risk in the sense of if you have a thousand dollars to play with maybe just try with a hundred dollars to start off with if that's working out well um then take out your initial investment and then play with the House's money and slowly but surely increase your position size don't increase it too quickly and that is Futures Trading for you over there Futures Trading can also be used on a manual strategy which would look something like this let's just get that back up there you go so the Futures Trading can be used on a manual strategy if you look over here you can select your own price range the same as the spot and then you can determine your leverage how much leverage you want to use this one goes up to a 5x if you are using it on the Futures grid the next one that I wanted to touch on is called the moon grid and the moon grid is for markets that are moving much much more quickly so when there's High volatility in the market it's very similar to a spot grid the only difference is that the range is a lot wider but this is determined by a a bot therefore you can't predetermine your levels they just automatically say that currently it's giving you a 33 to let's call it rounded up a 34 return on the investment and same thing you simply just use the slider to determine how much you want entered into that more for faster moving markets that you would use that one touching on the simple platform or the normal platform over here if you were to enter any sort of spot trades you can select just on the left hand inside you've got favorites Perpetual spot this is where you would toggle between to change things and simply put you have your limit orders your Market orders very simple just like any other exchange I am gonna just delve into this a little bit further so be patient if you are familiar I know there's a lot of people who are very new to this platform or trading in general and for for that purpose I'm just going to explain to them how to enter their orders so um assuming you wanted to buy Bitcoin right now you would select the determined price that you wanted entered at which is 19 143 currently then you can ask you can ask yourself how much Bitcoin do you want to buy you can also use this slider that will enter the amount so let's say I want to buy a thousand dollars worth of bitcoin right now then it shows you the amount in BTC underneath here the first thing you need to do is put your stop loss so where are you going to stop out if price goes against you I want my stop loss to trigger if the Bitcoin price falls under 19 000 so I'm going to say eighteen thousand nine hundred and ninety that would be hard into that and then it would Market execute as soon as it hits that price it will immediately start to sell therefore ensuring that your order gets sold into and then your take profit I'm gonna put my take profit at twenty four thousand dollars and it would look something like that and then very simply put you just hit by BTC and that order would be sitting there waiting to be executed okay the next section that I'm going to focus on is the leverage trading so first and foremost you're going to get to this section over here and this works exactly the same as buying in spot the only difference is that you now have to select your leverage I'm on isolated leverage at the moment you can of course change it if you want to cross leverage but I'll stay on isolated your leverage can go up as high as 120 5x on okx platform however I definitely don't recommend that I think that's with with the volatility in crypto anything under a 5x Leverage is good enough so I'm going to confirm it on three and it's very very simple determine the level that you would want to buy at add in your order whether it's your buy or your sell side and then you simply just click buy or sell the filling in the rest of the orders the same as spot your tpn stop loss is completed below and same thing on the buy side over there so guys that brings us to the end of this video if you do want to sign up to okx then consider using the link below it gets you access to sign up bonuses which is up to ten thousand dollars in crypto and if you do trade if you're in the first hundred people to trade more than a thousand dollars on this platform or more than ten thousand dollars in derivatives which is using leverage then you will eat which receive fifty dollars in tether again use the link below and then in case you missed the previous videos because this is part three of the series the first one is what is okay X and what is all the hype about this is the second one over here which was catering more towards investors and that is the top three most useful crypto tools that I wish I found earlier that's it that brings us to the end guys I will see you all on the next video have an absolutely fantastic day cheers for now
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