How I Finally Stopped Blowing My $50 Futures Account
I blew 3 accounts before I learned this...👇
It was not strategy. It was greed and no rules.
If you are trading with $20 - $100, do these 3 things:
1-One Trade, One Target
Stop opening 5 positions at once. With $50, you only need 1 good trade a day. 2% - 4% daily is enough. That's $1 - $2 profit. It looks small, but that's how you grow.
2. The 1% Rule
Never lose more than $0.50 on one trade if you have $50. Set your Stop Loss BEFORE you set your Take Profit. If you can't place SL, don't place the trade. No SL = No account.
3. No Revenge Trading
You lost? Close the app for 2 hours. The market is not going anywhere. 90% of liquidation happens because we want to recover fast.
I started growing when I stopped trying to double my money in one day.
Small account needs patience, not leverage. I now use max 5x-10x, not 50x.
What's the one mistake that blew your small account?
I don't think there'll be that because they have already did their dirty yesterday
林也 九九气运
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$H $H Today unlocked, first look at 0.17—0.18, if it goes down, it's suitable to short around 0.17—0.18, unlocking a value of 17 million U, but this coin H also likes to play tricks, it's true. I believe the market makers will anticipate our predictions, so I will short around 0.17.