My journey in Futures Trading
It has been a Rollercoaster, from making upto 50% returns on my total amount in a day numerous times to getting liquidated in a couple of hours.
Some lessons I have learned and would like to remind everyone else are:
1) Never bet against the market
2) Do thorough research before getting into any trade, especially ones with high leverage because the closer your liquidation, the more at risk you are if you don't have more money as backup in another wallet
3) Crypto is a Rollercoaster, you need to remember to enjoy the ride but still very careful
4) One of the most essential things I can tell anyone is that taking profits is one of the most important things
Before entering into any trade, set a target price, or a target profit and stick to it. Don't think just because it's increasing, it's going to increase forever. Emotional trading is what will definitely liquidate you and what can completely ruin you.
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