A quick tip on futures trading: position management
· The position size calculated based on your stop-loss level is unrelated to leverage. Leverage only affects how much margin is required, but make sure the liquidation price is beyond your stop-loss price.
· Risk per trade is the amount you lose if a trade hits its stop-loss. It is roughly equal to the position’s notional value multiplied by the percentage difference between the entry price and the stop-loss price.
Quick glance: $BTC is at 81608.03 (24h -0.61%).
Stay rational and manage your position size.
· The position size calculated based on your stop-loss level is unrelated to leverage. Leverage only affects how much margin is required, but make sure the liquidation price is beyond your stop-loss price.
· Risk per trade is the amount you lose if a trade hits its stop-loss. It is roughly equal to the position’s notional value multiplied by the percentage difference between the entry price and the stop-loss price.
Quick glance: $BTC is at 81608.03 (24h -0.61%).
Stay rational and manage your position size.