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Read it if you are newish and trading with futures! it might save your capital! Trading Futures Safely on Binance Understanding Leverage: Leverage multiplies potential profits and losses. As a beginner, limit yourself to 5x leverage maximum. Always set stop-loss orders to manage risk. Only risk what you can afford to lose. Additional Tips: You can always DCA in margin mode, to make your entry lower. Dont listen to those signal I know the market gurus here. They dont know shit. Do thorough market research. Have a clear trading plan. Maintain discipline. Practice with a demo account first. Important Leverage Notes: 20x leverage is highly risky for most traders. 5x offers a reasonable risk-reward balance for beginners. Using stop-losses is non-negotiable. Never trade with more than you're willing to lose. Helpful Resources: Binance Futures: https://www.binance.com/en/futures Understanding Leverage in Futures: https://www.investopedia.com/terms/l/leverage.asp Margin Trading Explained: https://www.investopedia.com/terms/m/margin.asp #binance #HotTrends #futures #trading #newbieTrader

Read it if you are newish and trading with futures! it might save your capital!

Trading Futures Safely on Binance

Understanding Leverage:

Leverage multiplies potential profits and losses.

As a beginner, limit yourself to 5x leverage maximum.

Always set stop-loss orders to manage risk.

Only risk what you can afford to lose.

Additional Tips:

You can always DCA in margin mode, to make your entry lower.

Dont listen to those signal I know the market gurus here. They dont know shit.

Do thorough market research.

Have a clear trading plan.

Maintain discipline.

Practice with a demo account first.

Important Leverage Notes:

20x leverage is highly risky for most traders.

5x offers a reasonable risk-reward balance for beginners.

Using stop-losses is non-negotiable.

Never trade with more than you're willing to lose.

Helpful Resources:

Binance Futures: https://www.binance.com/en/futures

Understanding Leverage in Futures: https://www.investopedia.com/terms/l/leverage.asp

Margin Trading Explained: https://www.investopedia.com/terms/m/margin.asp

#binance #HotTrends #futures #trading #newbieTrader

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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