Title: New Traders don’t make this 1 mistake
If you’re new to Futures, this lesson cost me a lot:
"If the margin is small, don’t use high leverage"
If you use 20x leverage with 1$ , you’ll get liquidated even with just a 5% move.
Better to use 3x–5x and always set an SL.
Manage your risk—profit will come on its own.
What leverage do you use?
#TradingTips #BinanceFuturesTrading
If you’re new to Futures, this lesson cost me a lot:
"If the margin is small, don’t use high leverage"
If you use 20x leverage with 1$ , you’ll get liquidated even with just a 5% move.
Better to use 3x–5x and always set an SL.
Manage your risk—profit will come on its own.
What leverage do you use?
#TradingTips #BinanceFuturesTrading