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excellent post bravo
excellent post bravo
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How to Avoid Losses in Future Trading: It Took Me Almost 3.5 Years
If youā€™re here, youā€™ve probably tasted the highs and lows of futures trading. Let me tell you, Iā€™ve been through it allā€”blown accounts, sleepless nights, and the frustration of seeing the market move against me. But every loss taught me something, and now Iā€™m sharing those lessons with you. These are real mistakes Iā€™ve made and the strategies I use now to minimize losses.

1. Risk Management: The First Lesson I Learned the Hard Way
When I started, I thought risking big would lead to big rewards. Wrong. Risk management is the backbone of trading. Hereā€™s what I do now:
Risk no more than 2% per trade: This rule saved my account. Even after a streak of losses, I had enough capital to recover.
Stop losses are a must: Once, I refused to cut my losses, hoping for a reversalā€”it never came. Now, my stop loss is non-negotiable.
Leverage wisely: Initially, I used high leverage recklessly and paid the price. Now, I use leverage between 5x to 10x, only when I have a solid setup. For uncertain trades, I lower it.
2. Trading Without a Plan? A Costly Mistake
Early on, I traded impulsivelyā€”jumping into trades just because the market ā€œlooked good.ā€ That approach drained my account. Now, every trade I take has a detailed plan:
Entry and exit points: I decide these before I open the trade.
Clear profit and loss targets: This keeps me disciplined, even when emotions run high.
No room for guesswork: If I canā€™t justify the trade with logic and analysis, I donā€™t take it.
3. Misreading Charts Almost Broke Me
At first, I relied on gut feelings and overcomplicated charts. After losing repeatedly, I stripped my approach back to the basics:
Support and resistance levels: I stopped fighting these levels and started respecting them.
Candlestick patterns: Patterns like engulfing candles and dojis now guide my entries and exits.
Trend lines: Following the trend, instead of trying to predict reversals, made a massive difference.

4. Indicators Are Tools, Not Predictions
I made the mistake of overloading my charts with indicators and blindly trusting them. Now, I only use what works:
Moving Averages (MA): These help me identify the trend. I rely on the 50-day and 200-day MA for longer-term direction.
RSI (Relative Strength Index): It helps me spot overbought and oversold zones.
Volume: I use volume to confirm the strength of a move or breakout.
Iā€™ve learned to combine indicators with price action instead of relying solely on them.

5. Emotional Trading: My Worst Enemy
After a loss, I used to jump straight back in to ā€œwin it back.ā€ That approach turned small losses into massive ones. Hereā€™s what I do now:
Step away after a loss: A break gives me clarity and helps me avoid revenge trading.
Focus on the bigger picture: I remind myself that one trade doesnā€™t define my trading journey.
Accept losses as part of trading: Losses are inevitable, but I treat them as learning opportunities.

6. The Overlooked Mistakes I Made

Here are some costly errors Iā€™ve made that no one warned me about:
Overtrading small moves: I used to chase every tiny price fluctuation, thinking Iā€™d stack up profits. Instead, I racked up losses and fees. Now, I wait for high-probability setups.
Neglecting fees and funding rates: I once realized my profits were wiped out by fees. Now, I factor these into every trade.
Ignoring the bigger trend: I used to focus only on 1-minute or 5-minute charts. Now, I start with higher timeframes (like 4-hour and daily) to understand the bigger picture.
Overconfidence in leverage: Using 10x leverage without proper analysis led to painful losses. Now, I use higher leverage only when the setup is backed by strong technicals.

7. Backtesting and Journaling Turned My Trading Around
One thing I wish Iā€™d done sooner is backtesting. Testing my strategies on historical data showed me what works and what doesnā€™t. Journaling my trades has also been a game-changerā€”it helps me identify patterns in my mistakes and refine my approach.

My Biggest Takeaway
Every loss Iā€™ve experienced taught me something valuable. Futures trading isnā€™t about avoiding losses entirelyā€”itā€™s about learning how to manage them and improving with every trade. The key is discipline, risk management, and constantly adapting to the market.
If youā€™re struggling, donā€™t be discouraged. Use your losses as stepping stones, and youā€™ll get better with time.
Just use 5% of your total asset in future or invest in doge, xrp and dot this is just seggestion not 100% assurance best luck
Just use 5% of your total asset in future or invest in doge, xrp and dot

this is just seggestion not 100% assurance

best luck
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