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89% of futures traders are liquidated in their first month. I was one of them. Back when I started, I didn’t just lose money; I lost my dignity because I was arrogant enough to believe I could "out-trade" a liquidation event by using Cross Margin. I thought Cross meant safety. It was actually a death warrant for my wallet. Let me show you the math that cost me everything so you don't have to repeat it.

Imagine your account has $1,000 total. You decide to long $BTC with $100 on Cross Margin. Because it’s Cross, the exchange is allowed to pull from your entire $1,000 balance to keep that $100 position alive if the price drops. You feel safe because the liquidation price is miles away. But then you get greedy. You see...