89% of futures traders are liquidated in their first month. Here is what the 11% do differently. When I look back at the $5,400 I torched in my early days, I realize it wasn't the market that killed me—it was my complete lack of structure. I trade $BTC and $FLOKI daily, but I treat them as assets to be managed, not lottery tickets to be chased.
First, set a max loss limit for the day. If I hit my 2% limit, the platform closes, and I walk away. Violating this leads to the "revenge cycle," where you lose your remaining capital trying to win back what the market already took. Second, limit your daily trade count. I allow myself a maximum of three setups. Anything beyond that is usually over-trading, which invites...