How large should a position be for a single futures trade?
For example: with 10,000 USDT in total, 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.
Keep the risk per trade small enough, and even after several consecutive bad calls, most of your capital will still be intact—so one or two mistakes won’t seriously set you back.
For reference, the market is at: $BTC , 80,965.48, 24h -0.0081%.
Leverage isn’t a requirement. If you don’t understand it yet, it’s safer to stay away.
#BTC
Stay calm and don’t get carried away.
For example: with 10,000 USDT in total, 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.
Keep the risk per trade small enough, and even after several consecutive bad calls, most of your capital will still be intact—so one or two mistakes won’t seriously set you back.
For reference, the market is at: $BTC , 80,965.48, 24h -0.0081%.
Leverage isn’t a requirement. If you don’t understand it yet, it’s safer to stay away.
#BTC
Stay calm and don’t get carried away.