📊 Futures Trading | Position Management
· What it means: For example, with 10,000 USDT in total capital, a maximum loss of 1% per trade (100 USDT), and a stop-loss distance of 2%, the position’s notional value would be about 5,000 USDT.
· How it works: Set the stop-loss first, then calculate the position size based on the loss you can accept. This keeps the cost of each loss within a range you’ve set in advance.
· Reminder: Holding multiple positions in the same direction on contracts with similar price movements can compound risk. Set a limit for your total position size, too.
$BTC 82655.81 (+0.12%)
This is not a recommendation. Make your own decisions when trading.
· What it means: For example, with 10,000 USDT in total capital, a maximum loss of 1% per trade (100 USDT), and a stop-loss distance of 2%, the position’s notional value would be about 5,000 USDT.
· How it works: Set the stop-loss first, then calculate the position size based on the loss you can accept. This keeps the cost of each loss within a range you’ve set in advance.
· Reminder: Holding multiple positions in the same direction on contracts with similar price movements can compound risk. Set a limit for your total position size, too.
$BTC 82655.81 (+0.12%)
This is not a recommendation. Make your own decisions when trading.