Why are you not making money in #futures trading?
Because you don't know how to trade, learn trading first and then invest.
I #guarantee you that if you do #rule-based trading, your account will not be washed away, and you will be able to meet your daily expenses.
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(1) The first thing is not to give your money to anyone, there are too many #scammers۔
(2) You have to make your #strategy and trade according to that strategy. It is not that you will be successful in every trade, but most of your trades will be successful. You have to #increase your winning ratio.
(3) Use of stop loss is #mandatory.
(4) Diversifying your #portfolio, not investing the entire amount in one trade.
(5) Market is changing in minutes therefore ,When your first #TP is hit, you have to place your stop loss on the #entry point, if the second TP is hit, then you have to take the stop loss to the #first TP.
(6)Sell your 50%position in first TP ,30% in second TP ,10% in 3rd TP and Completely sell in 4th TP .
(7) #Trailing stop should be used۔
(8)Do not be greedy in futures trading, the most important thing is psychological control.
(9)By placing a trade, don't watch again and again. you Must apply stop loss ,Set TPs, and on the first TP,Use trailing stop loss , and be carefree,that's very important for your mental health.
Happy Trading 🥳 Nd wish you more & more Success 💐🙏
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