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Futures trading.

Tips for beginners, how not to drain the deposit.

1. Choose balanced leverage.

If you are new to trading, start with a leverage of 10x. Don't chase big profits. You won't even have time to understand how the market will eat you.

2. Do not enter the trade with the entire deposit.

Use money management. Take the advice, start with a maximum of 5% of the deposit, get used to the market. If you lose a few positions, it will not be too critical.

3. Be sure to immediately defend the position.

Even if you are scalping the market, place a stop-loss. And even if you are kicked out of the market several times, continue to set a stop-loss, later you will begin to understand exactly where it should be placed. It is better to lose part of the deposit than all at once.

4. Caught a stop-loss - leave the market.

After a few losses, get out of the market and don't come back for a while until you know you're ready to trade again.

Find the strength not to trade!

This will save your deposit.

5. Watch!

Do not start trading as soon as you see that the market is rising/falling. Walk through the time frame, look carefully, maybe you will see and understand more than immediately.

Happy trading!