๐จ๐ **Attention, Beginner Traders! Important Tip for Futures Trading!** ๐๐จ
๐๏ธ๐๏ธ๐๏ธ Pay close attention to the term "CROSS" โ it poses significant risks for newcomers to futures trading. Here's why:
๐ฅ **Cross Margin:** This feature has the potential to wipe out your entire USDT balance in your futures wallet once a trade is liquidated, not just the amount invested in that particular trade.
๐ซ Minimize Risk: Instead, consider "Isolated" margin trading. This way, you only risk the portion of your USDT invested in the current futures trade, rather than your entire balance.
โ ๏ธ Be Cautious: Futures and margin trading come with inherent volatility and risks. Always conduct thorough research and employ effective risk management strategies before getting involved.
๐ธ Note: The trade example provided is for educational purposes only โ it does not constitute a recommendation for futures trading. Always conduct your own due diligence and manage your risks prudently.