Greetings, I am at the beginning, I have been researching a lot to formulate strategies, manage risk, control emotions, not bet more than I can afford to lose and take it step by step
Greetings, yes, it has happened to me in other positions, however I have been minimizing with the use of the SL. Thank you for the recommendation 👍
Ivan Bracho
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how's it going my brother. when you're leveraged with so much you must take profits quickly too. or the financing rate will eat you up or in the blink of an eye it goes negative
Greetings, much to read and study, this is a whole universe, start by reviewing the Binance academy, there are basic and super interesting courses that guide you on the path to follow.
One of the most difficult things to manage, the emotions generated by market fluctuations, it is key to manage risk well in each operation, good operation, success 👍
In that I am, utilizing the earnings, seeking effective strategies and understanding this whole world. Thank you for the recommendation.
Nona Laugen Xp1D
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Good luck, that's like playing roulette. I, like you, would close it and then open another with the winnings and a leverage of 20 and with stop loss and take profit.
Thank you for the advice, noted 🤔, I will keep it in mind, I still have a lot to research and learn.
RedJulius
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if you are just starting, lower the leverage a bit, or it will cause you a lot of bitterness. honestly, futures should not be the main focus. diversify as much as you can in spot over time.