ā”ļøHey Traders! To succeed in futures trading, strict risk management is essential. Always allocate only 10% of your wallet per trade. Start with 5% on your initial entry and 5% on your secondary entry. For example, if you have $100 in your wallet, limit your investment to $10 per trade (meaning $5 on the first entry and $5 on the second). Sticking to this 10% rule is key!
ā”ļøWhen you reach your target, adjust your stop loss (SL) to the entry price. If further targets are hit (e.g., Target 2 or Target 4), move your SL up to protect those gains. Remember: SL is criticalāanything can happen in crypto, as we've seen with assets like FTT and Luna.
āØ Profit-Taking Strategy: When the first target is reached, book 25% profit, and continue to take incremental profits as you hit each target. If SL hits, no worriesāwe'll recover, but only if you follow the setup consistently.
š Key Binance Futures Risk Management ā
To avoid significant losses, follow this margin formula:
3x leverage: Use 18% of your margin
5x leverage: Use 15% of your margin
10x leverage: Use 10% of your margin
15x leverage: Use 5% of your margin
20x leverage: Use 4% of your margin
25x leverage: Use 3% of your margin
50x leverage: Use 2% of your margin
75x leverage: Use 1% of your margin
100x leverage: Use 1% of your margin
āāāāāāš½š½
ā Trade In Discipline Way The People who Follow Discipline,They can make profit 99% Guaranteed ,1% is risk for Market Bad News and volatility
š We are not trading here like
gambling.
šI am here for you to guideā¤ļø
š“Use 5% of Fund with 10x Leverage
š¢1ST Set TP 4 And SL
š“Most important thing
ā ļøUse Last Price for Short
ā ļøUse Mark Price for Long
š“There is two entry in every given signal
ā ļøBuy 50% For 1st Given Entry
ā ļøBuy 50% For 2nd Given Entry
ā ļøIf said Buy/Sell in market
price ,Then Enter in Markets price
ā ļøIf said Buy/Sell in Given Entry ,Then Wait for the entry and put limt order to the entries.
ā This can bring your price in Mid
price of both Enrty
āSome people enter in Entry 1 with 100% ,that's why when price going towards the Entry Two ,those people get panicked
ā This is call DCA
(Doller Cost Average)
āŗRule 1 : In Each TP Book 25%
Profit
ā ļøMove Your Stop loss at entry
when Tp 1 hit.
ā ļøThen when TP2 hit then move
stop loss to TP1
š Do It To the last TP
š“Rule 2 : Set TP1 with 25% book
profit
ā ļøIf TP 2 hit move your stop loss
TP1
ā ļøIf TP3 hit move your stop loss
TP2
ā”ļøDo It To the last TPs
āŗRule 3 : Use Trailing Stop Loss. If You are busy
ā ļøCB ,( call back) rate 0.5%
ā ļøActive price TP1
ā ļøUsdt 100%
ā ļøuse last price in trailing stop ..
not mark price
ā ļøNote:- you can use any rule (method) from these three rules for Profit booking.
šØšØ Full more details š( LINK )
https://t.me/CryptoSkullSignal/2554
Understanding the Crypto Lingo:
ā¢ ATH ā All time high
ā¢ ATL ā All time low
ā¢ BEARISH ā An expectation that price is going to decrease
ā¢ BULLISH ā An expectation that price is going to increase
ā¢ CMP - Current Market Price
ā¢ EP - Entry Price
ā¢ FIAT ā Government-issued currency
ā¢ FOMO ā Fear of missing out
ā¢ FUD ā Fear / Uncertainty & Doubt
ā¢ HODL ā Hold on for dear life
ā¢ ICO ā Initial coin offering
ā¢ JOMO ā Joy of missing out
ā¢ LONG ā Margin bull position
ā¢ MA - Moving Average
ā¢ MCAP ā Market Capitalization
ā¢ MOON ā Continuous upward movement of price
ā¢ NFT ā Non fungible token
ā¢ OTC ā Over the counter
ā¢ PUMP ā Upward price movement
ā¢ ROI ā Return on investment
ā¢ SHITCOIN ā A coin with no potential value or use
ā¢ SHORT ā Margin bear position
ā¢ SWING ā Zig Zag price movement(Upwards & Downwards)
ā¢ TA ā Technical Analysis
ā¢ REKT ā When you have a bad loss
ā¢ RSI ā Relative Strength Index
ā¢ WHALE ā Very wealthy trader/Market mover