Trading futures can be an exciting and potentially profitable experience, but it also carries significant risks.

Below I will explain how to safely trade futures using the Binance trading interface as an example, as shown in the image.

1. Understand the Concept of Futures

Futures contracts allow you to bet on the future price of an asset, such as Bitcoin. If you think the price will rise, you take a long position; if you think it will fall, you take a short position.

2. Set the Leverage

In the top left corner, you will see the leverage option. This is the multiplier of your equity. In the image, 50x leverage has been selected. Remember that the higher the leverage, the higher the risk and reward. Do not use such high leverage if you are inexperienced.

3. Select the Order Type

Choose between a Market Order or a Limit Order. In the image, a Limit Order has been selected, which means that the order will only be executed if the price reaches the specified level (57657.6 USDT in this case).

4. Determine the Quantity

Decide how many contracts you want to buy or sell. The amount is expressed in USDT on the Binance platform. Make sure you don't risk more than you are willing to lose.

5. Configure the TP/SL

Take Profit (TP) and Stop Loss (SL) are essential for managing risk. Set a level where you are happy with your profit (TP) and another where you limit your losses (SL).

In the image, it has not been configured, but it is always advisable to do so to protect your investment.

6. Check Your Position

Once you have everything set up, you can monitor your position. At the bottom of the screen, you will see key details such as the entry price, liquidation price, margin used, and unrealized PNL (unrealized profit or loss). In the example, an unrealized PNL of 126.36 USDT is shown, which represents an ROI of 101.68%.

7. Closing of the Operation

When you are ready to close the trade, you can do so manually. Click the "Close" button to liquidate your position at the current market price.

Remember that the futures market is extremely volatile, and what is a profit today may turn into a loss tomorrow.

8. Key Lessons

Don't trade with money you can't afford to lose.

Use low leverage if you are a beginner.

Always set a Stop Loss to protect your investment.

Stay calm and don't let emotions rule your trading decisions.

With this guide, you should be better prepared to face the world of futures.

Good luck and safe trading!

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