1. 📊 Know the Market
Crypto futures are highly volatile. Analyze market trends, price charts, and sentiment before opening any positions. A well-informed trader minimizes risks.
2. ⚖️ Use Leverage Wisely
Leverage amplifies both profits and losses. Start with lower leverage (e.g., 2x or 5x) and gradually scale up as you gain experience. Avoid over-leveraging, as it can lead to liquidation.
3. 📉 Set Stop-Loss & Take-Profit
Always define your risk level. Use stop-loss to limit potential losses and take-profit to secure gains. Discipline is the key to surviving in the volatile crypto world.
4. ⏱️ Manage Time Effectively
Futures trading requires active monitoring. Avoid holding positions for too long, especially during high volatility, unless you're confident about your strategy.
5. 🧠 Control Your Emotions
Fear and greed can lead to impulsive decisions. Stick to your trading plan and avoid chasing losses or over-trading after wins.
6. 💼 Diversify Your Portfolio
Don’t put all your capital into a single trade. Diversification reduces risk and ensures sustainability in the long run.
⚠️ Pro Tip: Crypto futures trading carries significant risk. Only trade with fun....
ds you can afford to lose!
