The rule of shorts 📈📉
There are many rules involved when trading futures for shorts, but these are some the best ones to note;
1. Nothing pumps forever🐻
2. If you miss the pump, try not to miss the dump
3. Only short a futures contract if you believe that the price of the underlying asset is going to go down.
4. Use stop-loss orders🎇
5. Understand the risks involved in shorting futures contracts
6. The best place to find tokens to short is from the TOP GAINERS column.
Once you master these techniques, you can be guaranteed of making a lot of money.
$PENDLE got above $1 the $XRP pump but now at $0.8. If you knew it was overvalued, you could have positioned for a short.
More #tradingtips soon...
What's your futures #tradingstrategy ?
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*🚨Post = NFA, dyor 🙏
