Quick tip: How large should a futures contract position be?
Single-trade risk refers to the amount lost when one trade hits stop loss, roughly equal to position notional value × the percentage from entry price to stop loss.
The coin in the topic: $BTC quoted at 82952.01 (24h -1.04%).
If you're not familiar with the product, don't take a large position; trying it with a small amount is safer.
#BTC
Single-trade risk refers to the amount lost when one trade hits stop loss, roughly equal to position notional value × the percentage from entry price to stop loss.
The coin in the topic: $BTC quoted at 82952.01 (24h -1.04%).
If you're not familiar with the product, don't take a large position; trying it with a small amount is safer.
#BTC