🛑💸 Listen up, future millionaires. Two years ago, I blew $600 with reckless abandon on leveraged futures. The #1 lesson I learned? Position sizing. It’s what separates surviving traders from blown accounts. Here’s the rule: *never risk more than 1-2% of your capital on a single trade.*

Let’s say you have a $1000 account. Your absolute maximum risk per trade is $10 (1%). You spot a trade on ETH. You plan to enter at $3500 and your stop loss is $3490. Your risk per unit is $10 ($3500 - $3490).

Now, for your position size: ($10 max risk) / ($10 risk per ETH) = 1 ETH. So, your position size is 1 ETH. Your total position value is $3500, but your *risk* is capped at $10.

Why does this prevent blowups? Because even if you hit 10 stop losses in a row, you've only lost $100. Your account is...