I Earned $5.2k on Binance Futures Trading This Week
Read These Tips to Become Profitable in Futures Trading👇
1. Cost of Carry: Understand how the cost of carry affects futures contract pricing.
2. Contango vs. Backwardation: Learn the differences between contango and backwardation market structures.
3. Expiration Dates: Pay attention to futures contract expiration dates and roll over your positions in advance.
4. Hedging with Options: Use options to hedge your futures positions and manage downside risk.
5. Funding Rates: Monitor funding rates to gauge market sentiment and potential costs.