Beginner's demo account shorting BTC, sharing some insights

This is my first time trading futures, so I didn't dare to deposit real money. Luckily, the platform gave me a demo account credit to practice with. Here's a record of this short position.

I opened a BTC short position, 10x isolated margin, with a very small position size, only 0.0015 BTC, with an average opening price of 64,943.3.

At that time, I saw Bitcoin surge and then stop rising, the market was a bit overextended, so I thought a pullback might happen. I placed a small short order, didn't use high leverage, worried that a rebound might be too much to handle.

Now, the mark price has dropped to 64,012.7, with an unrealized profit of $1.39, and a return rate of 14.04%. Although the amount isn't large, the position is small, so my mindset is very steady.

I checked the liquidation price at 71,315, which is nearly 7,000 points above the current price. Even if Bitcoin suddenly surges violently, there's no need to worry about liquidation. The margin of error is maximized, and as a beginner, this way of trading feels really low pressure.

The margin is less than $10, break-even price is 64,882. As long as the price doesn't rise back to this level, the position remains profitable.

Honestly, using a demo account for practical trading is much more effective than just watching tutorials. I can truly feel the profit and loss changes caused by price movements, without worrying about real capital. It’s a great way to practice and learn.

I plan to hold a bit longer. When the trend weakens, I’ll close the position and take the profit. Short-term, I don’t chase big gains; stability is the most important. #我的Gate交易时刻