LIQUIDATED AGAIN ? 🤔
Do these to avoid liquidations 👇
1- Don't Use leverage higher than 20x, i would prefer to use max of 10x leverage when trading futures to avoid liquidations and big loses.
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2- Always Put Stoploss and Close targets.
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3- Don't Overtrade and always set a profits target and book it completely. you don't need to be trading 24/7, there will always be dump sooner or later so don't get caught in big pumps/dumps.
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4. Don't short in full. always short or long with small portions and Average down your entries with 50% pump or dump tokens and always check the sentiment of market before putting in your money. meme coins do pump and dump a lot so avoid them if you can or use small amount of your assets to trade with less risks to avoid liquidations.
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Do these few things and you will get profits from trading futures. let me know in comments how many times you have liquidated thus far ?
