Are you making these beginner crypto futures mistakes? 🚨
• Choosing a pair just by a pretty chart, without checking history or understanding why they are connected.
• Forgetting to account for fees across four trades and funding rates on both legs.
• Using unequal legs, excessive leverage, and having no exit plan or stop for the pair.
• Averaging down a losing position and trying to revenge trade after a loss.
Example: A beginner sees coin A lagging behind coin B, opens a trade without checking or setting a stop, and adds to it as it goes negative. That's three mistakes in a single trade!
One major error is failing to review your own trades, assuming mistakes only happen to others.
Which of these mistakes have you made yourself?
#Futures #CryptoTrading #CryptoEducation #RiskManagement
• Choosing a pair just by a pretty chart, without checking history or understanding why they are connected.
• Forgetting to account for fees across four trades and funding rates on both legs.
• Using unequal legs, excessive leverage, and having no exit plan or stop for the pair.
• Averaging down a losing position and trying to revenge trade after a loss.
Example: A beginner sees coin A lagging behind coin B, opens a trade without checking or setting a stop, and adds to it as it goes negative. That's three mistakes in a single trade!
One major error is failing to review your own trades, assuming mistakes only happen to others.
Which of these mistakes have you made yourself?
#Futures #CryptoTrading #CryptoEducation #RiskManagement