BEST RISK MANAGEMENT PRACTICES.
1.Don't use more that 10% of your available balance on each trade.
2. Don't use more than 15X Leverage if your available balance is less than $200
3. To get the safest Order value,
Multiple 10% of your available balance by the Leverage you're using on that trade. (E.g, if you have $200 as available balance, and you're using a 15X Leverage, order value would be $20 Ă 15 = 300
3. Always use stop loss, make sure your stop loss is not above or lower than the liquidation price, depending on if its a Short or Long Trade.
4. Always take partial profits.