#Conquer Futures Trading: A Summary with Position Sizing 🗡🛡

Planning and Knowledge are Your Generals:

Craft a Battle Plan: Define entries, exits, risk tolerance, and position sizing before trading.

Master Your Markets: Focus on a few and understand their technical and fundamental drivers.

Risk Management is Your Defense:

Cut Losses Quickly: Exit losing trades to minimize damage.🗡

Leverage with Caution: It amplifies both gains and losses. Only risk what you can afford.

Position Sizing is Your Shield: Spread your investment across entries to potentially average cost and reduce risk.🛡

Margin Modes are Your Weapons (Choose Wisely):

Isolated Margin: Limits risk per trade, protecting your entire account. ( preferred ) 🛡

Cross Margin: Uses your entire account for all positions, increasing risk of margin calls.

Discipline is Your Armor:

Stick to your plan and avoid emotional decisions.

Stay Informed:

Keep up with news that could affect your markets.

Focus on Consistency:

Aim for a high win rate, even if individual wins are small.

Remember:

Futures trading is complex.

Use these tools responsibly and keep learning.