#BeginnerTrader #quinn_tips #CryptoAMA

Futures trading isn’t just about potential profits; it demands disciplined money management and a solid risk approach. Here’s a quick exercise to gauge your readiness:

1. Pick a top-10 coin you’d consider trading, e.g. $BTC , $ETH or $SOL

2. Set up a hypothetical trade: decide on your entry price, stop loss (SL), and take-profit (TP) targets.

3. Mark these lines on a chart:

  • Entry: Yellow 🟡

  • Stop Loss: Red 🔴

  • Take Profit: Green 🟢

4. Note down the position size 💰you’d plan to take.

Now, ask yourself:

  • What’s my potential loss if the trade goes against me?

  • What’s my profit if it moves in my favor?

  • How much would each be as a percentage of my account?

  • Would I feel comfortable leaving this trade unattended for a few days?

Finally, keep these drawings on the chart and revisit them later.

  • How does this hypothetical trade feel in hindsight?

  • Seeing where the price went, what might you adjust next time?

That’s your free futures trading lesson and simulation platform! Say thanks 😊