**The mistake that cost me the most money in Futures wasn’t entering at the wrong time.**
It was changing my rules when I started losing.
I entered with a plan. The price moved against me, and I moved my stop.
Then I added margin. Then I wanted to make it all back on the next trade.
And a controlled loss turned into a disaster.
One rule that would have saved me a lot of money:
**Before you enter, decide how much you’re willing to lose. Don’t decide once you’re already losing.**
Example: with a 250 USDT account, risking 1% means limiting your planned loss to 2.50 USDT per trade, excluding potential fees and slippage.
It doesn’t mean opening a 2.50 USDT position: it means calculating your position size so that the stop represents that loss.
It seems boring until you realize how much it costs not to do it.
I’m still learning this the hard way.
Has anyone else had a bad trade turn into five?
$BTC $ETH
$RLC
It was changing my rules when I started losing.
I entered with a plan. The price moved against me, and I moved my stop.
Then I added margin. Then I wanted to make it all back on the next trade.
And a controlled loss turned into a disaster.
One rule that would have saved me a lot of money:
**Before you enter, decide how much you’re willing to lose. Don’t decide once you’re already losing.**
Example: with a 250 USDT account, risking 1% means limiting your planned loss to 2.50 USDT per trade, excluding potential fees and slippage.
It doesn’t mean opening a 2.50 USDT position: it means calculating your position size so that the stop represents that loss.
It seems boring until you realize how much it costs not to do it.
I’m still learning this the hard way.
Has anyone else had a bad trade turn into five?
$BTC $ETH
$RLC