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89% of futures traders are liquidated in their first month. Here is what the 11% do differently. When I first started, I treated leverage like a turbo button on a car, unaware that it was actually a countdown timer to my account's death. I lost $5,400 because I didn't respect the math. I saw a bullish setup on $SOL at $150 and assumed that as long as it didn't go to zero, I was safe. That ignorance is exactly what fuels the exchange's insurance funds.

Let us look at the hard data using a $10,000 position on $SOL at a $150 entry. At 10x leverage, your liquidation price sits at roughly $136.36. You have a 9% margin for error before you are wiped out. Move that to 20x leverage, and your liquidation price climbs to...