Day 7 of Binance Summer Camp - Done! ✅
1. Futures trade on direction, not ownership. You profit on ups and downs.
2. Leverage scales both ways. 5x = 5x profit, 5x loss + liquidation risk.
3. Funding rate = Longs pay Shorts or vice versa. Not platform fee.
Survival rule: Low Leverage + small size + Stop Loss
#BinanceSummerCamp
1. Futures trade on direction, not ownership. You profit on ups and downs.
2. Leverage scales both ways. 5x = 5x profit, 5x loss + liquidation risk.
3. Funding rate = Longs pay Shorts or vice versa. Not platform fee.
Survival rule: Low Leverage + small size + Stop Loss
#BinanceSummerCamp
