Just an explanation and a reminder
Stop-loss is a must even in spot currencies
The relationship between leverage, capital, and entry amount
For example, if you have a capital of $100
You enter a currency
You enter with $10 leverage 10
It is the same as entering with $1 leverage 100
The same losses and the same profit, the more you increase the entry amount and increase the leverage, the profit is indeed large, but the loss is deadly and liquidation is close
Therefore, especially in futures
A stop-loss must be set
And keep the liquidation far from the stop-loss
Do not enter many trades if your capital cannot handle it
Keep your trades few
Small leverage
And a small amount
A little profit and a little loss is better than a big loss
Commitment to the trade is a must, meaning enter the entry price and set the stop-loss and do not exit if you are losing, leave it either it hits the stop-loss or sometimes it drops, but do not touch the stop-loss and it reverses and hits your targets and exit with profit
When you hit the first target, set the stop-loss at the entry price and sell 25% and leave the trade
And when you hit the second target, set the stop-loss at the first target
This is the trailing stop-loss
Stop-loss is a must even in spot currencies
The relationship between leverage, capital, and entry amount
For example, if you have a capital of $100
You enter a currency
You enter with $10 leverage 10
It is the same as entering with $1 leverage 100
The same losses and the same profit, the more you increase the entry amount and increase the leverage, the profit is indeed large, but the loss is deadly and liquidation is close
Therefore, especially in futures
A stop-loss must be set
And keep the liquidation far from the stop-loss
Do not enter many trades if your capital cannot handle it
Keep your trades few
Small leverage
And a small amount
A little profit and a little loss is better than a big loss
Commitment to the trade is a must, meaning enter the entry price and set the stop-loss and do not exit if you are losing, leave it either it hits the stop-loss or sometimes it drops, but do not touch the stop-loss and it reverses and hits your targets and exit with profit
When you hit the first target, set the stop-loss at the entry price and sell 25% and leave the trade
And when you hit the second target, set the stop-loss at the first target
This is the trailing stop-loss