Hortense Piirto j0PJ

🚫 If you're a religious person, futures trading may not align with your beliefs – it's highly risky and speculative🚨
⚠️ Warning: Futures trading is extremely risky. You can lose all your money in seconds. Many beginners get liquidated (account goes to zero) because they don't understand how it works.
> Don’t trade futures unless you’re ready to lose everything
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🧠 What is Binance Futures Trading?
Binance Futures allows you to trade crypto by betting on price direction (up or down) with leverage – this means you borrow money to increase your position
More profit if you're rightMore loss (and faster liquidation) if you're wrong
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## 🎯 What is Take Profit (TP) and Stop Loss (SL)?
These are auto-orders that help protect your trade and manage risk
💰 Take Profit = automatically close your trade when it reaches your target profit
💥 Stop Loss = automatically close your trade to limit your loss
These tools are a must for survival in futures trading
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## ✅ How to Set Take Profit & Stop Loss in Binance Futures
1 Open Binance & go to Futures
2 Choose your trading pair (e.g., BTC/USDT)
3 Enter your position (Long = buy | Short = sell)
4 Before or after entering trade, set TP & SL
Click the ⚙️ settings button or "TP/SL" under your open tradeEnter the price where you want to Take Profit and Stop LossConfirm and you’re doneNow Binance will auto-close your position at those prices
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## 🧾 Example for Beginners
You go LONG on BTC at \$25,000You expect it to go to \$26,000 (profit target)But you also don’t want to lose too much, so you set SL at \$24,800If BTC hits \$26,000 → trade closes in profitIf BTC drops to \$24,800 → trade closes in loss (but you avoid bigger loss)
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## 💡 Tips & Tricks
📏 Use small leverage (1x to 3x max if you're new)
⏳ Don’t leave trades open overnight unless you're watching
🧮 Always calculate your risk/reward ratio
📉 Use charts to plan TP & SL – don’t guess
🛑 Don’t trade with emotions
📊 Use "Isolated" margin mode (limits risk to only that trade)
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## 🤔 Q\&A – Beginners Ask
Q: Can I set TP & SL at the same time?
A: Yes! Binance lets you do that easily when opening or editing a position
Q: What if I forget to set Stop Loss?
A: You risk losing your whole position – always set it!
Q: Is futures trading gambling?
A: It can feel that way if you don't have a plan
Q: Can I practice without real money?
A: Yes – use Binance Futures "Testnet" to practice without risk
Q: Why do people get liquidated?
A: They use high leverage, no stop loss, and the market moves fast against them
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## 🚨 Final Words
🛑 If you’re new, start small or stay away
😇 If you follow religious ethics – this kind of trading may not be allowed
💣 One bad move in futures can destroy your account
👀 Watch first
📝 Learn the tools
🔒 Protect your money
> Futures trading is not a game – respect the market or it will teach you a painful lesson

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