$#Future_trading_tips
š«Never get liquidated if you do these action:
1. Risk Management: Set a reasonable leverage level and only risk a small percentage of your trading capital on a single trade. This helps protect your account from rapid price movements.
2. Stop-Loss Orders: Always use stop-loss orders to limit potential losses. Set these orders at a level where you are comfortable taking the loss, based on your risk tolerance and analysis.
3. Diversify Trades: Avoid putting all your funds into a single trade. Diversifying your trades across different assets or trading pairs can help spread risk.
4. Monitoring Positions: Regularly monitor your open positions, especially in volatile markets. Be aware of market developments and news that may impact your trades.
5. Use Take-Profit Orders: Consider setting take-profit orders to secure profits when the market moves in your favor. This can help prevent the temptation to hold onto positions for too long.
6. Understand Liquidation Price: Be aware of your liquidation price, and ensure it is well below critical support levels. This reduces the risk of getting liquidated during temporary market fluctuations.
7. Stay Informed: Keep yourself informed about market conditions, news, and events that could affect the assets you are trading. Being aware of potential catalysts can help you make more informed decisions.