Crypto Trading is a money machine For some people. Everywhere you saw those gloomy 500% profit 300% profit screenshot. But while you trying you got liquidated.
So, How those people able to convert those numbers, well it's simple future trading have some secret rules to be successful. Here are some rules & tips you to follow
Contents -
Future Trading Rules
How To Reduce Risk
Book Profit
A. Future Trading Rules
1. Diversify your portfolio to minimize risk exposure.
2. Set clear risk management parameters and stick to them.
3. Stay updated with market news and trends to make informed decisions.
4. Utilize stop-loss orders to limit potential losses.
5. Implement proper position sizing to control risk.
6. Use risk-reward ratios to assess potential gains and losses.
7. Maintain sufficient liquidity to handle unexpected market movements.
B. How To Reduce Risks
1. Maintain low leverage. If you Beginner never put more than 5x
2. Use isolated Margin to protect your whole portfolio.
3. Never try ride the hype or do the opposite. Consider TA before putting money
4. Avoid futures in shaky market. Put money in a healthy market. Avoid Manipulation.
C. Booking Profit
1. Set Trailing stop-loss to Avoid unnecessary market debacles.
2. Alway Set target and reduce your margin at scalp Target.
3. Never let your prortfolio liquidate. If you're stop-loss hit don't re-enter that trade. Market humbles everyone.
These are some of the secret yet simple rules i use to gain maximum profit in Futures. Remember Future trading is Highly risky. You don't have the luxury here to DCA and hold for future. Ofcourse you can hold your position for long but the leverage plays a big role.
๐ Thank you for reading, and let's continue to explore the potential of Crypto together! support my efforts by like & sharing this article and put your inputs in comments.
โฅ๏ธ If you stuck in trading, check out our posts for more. Our Technical Analysis will help you to win. For more head up to our profile. Till then trade_safe friends.
