Trading tip: Take profits in stages, not all at once.
Selling everything at one price is a gamble. Scaling out lets you lock in gains while keeping exposure if the move continues. A simple approach: take 1/3 at your first target, 1/3 at your second, and let the rest run with a trailing stop.
In perpetual futures, there is no expiry date — so the market uses a funding rate to keep prices anchored to spot.
When the futures price is above spot, longs pay shorts. When below, shorts pay longs. It resets every 8 hours and is one of the most important mechanics to understand before trading perps.
A stop-loss is your safety net. Without one, a single bad trade can wipe out weeks of gains. Decide your exit before you enter — not after emotions kick in.