Binance Futures Trading Tips to Make a Profit
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This time I will give you tips for making a profit on Binance Futures with the trading strategy that I use, so far with this method I have been able to survive and make consistent profits every month.
But that doesn't mean that with the trading system we use, we will never lose, the most important thing in our trading strategy is that the total profit is greater than the loss if we calculate it every month. For those of you who feel you always lose when trading on Binance Futures, try paying attention to the tips below:
Profit Strategy on Binance Futures
Of course, before starting trading on Binance futures, there are several things you must pay attention to to avoid major losses that may occur. one of them is as follows:
Don't take too small a profit.
It does sound strange, but you also need to pay attention to this, in various trading strategies it says, our minimum Risk Reward Ratio, or potential profit or loss must be at least 1:1, and I'm sure most traders already know this trading rule, but I'm sure Not all traders can apply it when dealing with the market. Even if there is a small profit, it is released, but when there is a big loss, it is held back.
Don't open positions too often
This is also quite important, maybe for friends who have just started trading, who always want to open positions, their hands are itching to press OP, even though by opening excessive positions, it will open the gates to risk to your capital. It's true that you can make a profit, apart from that, the ghost of loss will always be side by side.
Surely some traders have experienced, where in trading they can collect profits little by little, even quite large if calculated in 1 month, but all the profits collected are lost in just a matter of hours or 1 day.
