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How to Improve Risk Management on Binance Futures

2022-08-08 07:49

Traders understand that risk management is essential to succeed in this profession. Binance Futures offers several risk control tools to help traders reduce losses and prevent them from losing their entire trading capital.

So let’s explore some of these features:

A. Set stop-loss orders to limit the potential loss on any trade by specifying a price limit over which the asset will move.

B. Use Advanced TP/SL to understand the percentage gain or loss expected on each trade.

C. Limit and control your trading activities to abstain from behaviors that can lead to irresponsible trading by enabling the Cooling-Off Period.

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How to Improve Risk Management on Binance Futures

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