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89% of futures traders are liquidated in their first month. I was one of them, staring at a $0 balance after gambling away $5,400 in a single week on high-leverage $BTC swings. I thought I was trading; in reality, I was just handing money to the exchange because I had no idea how to size a position. You can be right about the direction of $LINK, but if your position size is wrong, the market will find your stop-loss and liquidate you anyway. The secret isn't a better indicator; it is the 1-2% rule.

This rule is simple: you never risk more than 1-2% of your total account equity on any single trade. If you have $1,000, your maximum loss on a trade should be $10 to $20. Period. Most traders laugh at this because they want to get...