How To Trade Coinbase Futures (Long or Short With Leverage) 2024 Full Tutorial

Timestamps:

0:00 Introduction To Coinbase Futures
1:47 Difference Between Futures and Spot Market
4:13 Accessing Futures Trading On Coinbase
7:12 Placing A Long Or Short Futures Trade (With Leverage)
12:07 How To Set Stop Losses and Take Profits on Futures Trades
17:16 How to Withdraw Profits To Your Bank
21:06 Simple Trading Strategy During The Week

In today's Masterclass, I am going to walk you through how to trade Futures on Coinbase. With this knowledge, you will now have the option to trade Bitcoin and Ethereum with leverage while also giving you the ability to Short crypto and make money as the price of Bitcoin or Ethereum falls.

Do yourself a favor, take out a pen and paper, and get ready to take notes. Futures trading is quite simple, but some intricacies are not the same as the spot market which you need to be aware of. With that said, let's dive in 🤿

Note: Coinbase Futures contracts are calculated at 0.01 per contract/ price of Bitcoin which is a nano size. Some exchanges allow a 10th of the contract as explained in the video.

❤️ Have a great day, God bless, and I'll see you in the membership!

Video Topics: #coinbasefutures #bitcoinfutures #ethereumfutures #crypto

Disclaimer:
Do not act on any opinions expressed in this video. This is NOT financial advice. These are strictly personal opinions presented by Trade Confident LLC representatives. Past performance is not indicative of future results. Crypto is extremely risky, expect to lose everything. Always do your own research and consult a financial advisor before investing.

[ForwardEngineering]

Can you actually show yourself trading from start to finish on futures?

[btins]

I’ve been waiting for a decent tutorial on this (I know the one guys video you’re talking about). Glad there’s something more comprehensive. Thanks.

[ZoomerNYC]

Thank you, I wish you would have waited to the trading was live. Please do another one and go through it live.

[pinknips]

Great video it shows you really care about the people watching and teaching people risk management.

[petercabaniss]

Still not sure. 1. when should buy/sell 2. How long can you hold a contract 3. What happens if you open a position and the end of the month comes? Can I set limit orders?

[arielrglaze]

Travis, thank you for taking the time. I’m still confused. I’ll have to study it a bit more, but I’m very interested in learning futures. You offer the best value out of all the channels out there in terms of platform use and education.

[vic]

Beginner here. Quick question…
How can I close my position on the weekend while the market is closed? Coinbase won’t give me the option to “close position”

[bdger]

Thank you very much. I have the in-dept knowledge about leverage trading but coinbase is a bit different with this, you answered all the questions i had

[hagarbaidoo]

Thank you for this video, could you please do another video on how to place the orders, see how you choose the contract, placed limit and stop limit etc.

[stevenwheeler]

I don't understand how futures can stop trading on weekends if cryptocurrency is 24/7?
I mean could I still close a position on the weekend if left open?

[crypton]

Does Coinbase have a practice futures trading interface like think or swim had for TD ameritrade ?

[medinaarafael]

Thank you so much brother, this video was great at giving a very precise tutorial on using futures trading on Coinbase. This was everything someone would need to know to get started.

[andrewkhan]

Can you setup a take profit and a stop limit on the same contracts? Seems like you can only protect yourself if don't plan to take profit

[cosmiceyegaming]

@Trade Confident this is a great video, but as a new trader, I'm left with one question. When I want to start a long or a short with a stop loss, is it actually 2 separate trades that get entered? Is there any way that you could make a follow up video on Coinbase where you actually place a trade with a stop loss?

[Drene]

The Perfect Class, thank you ! This video was amazing to follow! Great work 👍🏽

[FORD-.]

How much money i need for start trading ?

[Dalvarez]

This is definitely one of the best videos explaining trading Futures. Thank you tremendously.

[tothemoon]

Thank you for explaining everything so simply. You have a new subscriber

[bsick]

Hey man great video. Best on this topic. Made the notes! I know this is risky but I am eager to learn and possibly add this to my repertoire.

[rakeshsekhri]

Great class, you talked about how to transfer money out (i.e. cash out) from the futures acct but did not address how the money gets into the futures acct.