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/biz/ - Business & Finance


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22275781 No.22275781 [Reply] [Original]

i have recently started using margin trading, specifically on huobi, ive taught myself the basics of longing and shorting, but how the fuck do people make money doing this?

sell 1 btc at 10200 usdt, buy 1 btc at 10000 btc, the buy/sell fees are more then the fucking profit you make swing trading, what am i doing wrong here?

>> No.22276393

FUCK

>> No.22276505

>>22275781
You buy low, then sell high. You're welcome.

>> No.22276660

>>22276505
yes but the fees increase based on how much you buy/sell

>> No.22276997
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22276997

>>22275781
>>22276660
It's almost like you're realizing that the real money is in owning the exchange. Remember, the house always wins.