✈️🚨 After blowing up $600 on leveraged futures, I learned the hard way that a trade without a plan is a donation. Before you ever hit 'buy' or 'sell,' think of this as your absolute pre-flight checklist. If you can't answer *all five* questions below, you simply do not trade. First, what is your exact entry point? Second, and crucial for your survival, where is your non-negotiable stop-loss? Third, what is your precise profit target for this trade? Fourth, how much capital are you *actually* risking – not just vaguely, but a concrete figure like 0.5% or 1% of your account? Finally, is the prevailing market trend clearly in your favor? Answer these, or stay out of the cockpit. Protect your hard-earned capital.
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