Trading Education
Many of you here have been liquidated in futures trading.
How to avoid liquidations in futures trading?
a) Use small leverage-maximum x6 leverage.
The higher your leverage, the higher your profits or losses, and the higher the risk of getting liquidated. Using low leverage reduces the risk of getting liquidated.
b) Do not use a big part of your margin.
If you have 10,000 USDT in your futures account, put only $1,000, $2,000, or $3,000 in a trade.
c) Use a stop-loss.
Set stop-loss orders to automatically close your positions if the market moves against you beyond a certain point. This helps limit your losses and prevent liquidation.
A small loss is better than getting your trading account crushed by liquidation.
Join My Twitter and Telegram
https://x.com/danimalkovacq
https://t.me/cryptomavericktip
#BinanceTournament #tradingeducation #Megadrop #write2earn🌐💹