📉🧮

89% of futures traders are liquidated in their first month. Here is what the 11% do differently: they treat leverage as a mathematical variable, not a gambling mechanic. When I first started, I treated my $5,400 loss as bad luck, but it was actually just a failure to understand that leverage isn't just about multiplying gains; it is about aggressively narrowing the margin for error. You cannot afford to enter a $SOL or $NEAR position without knowing the exact point where the exchange takes your capital.

To calculate your liquidation price, you use the simplified formula: Liquidation Price = Entry Price / (1 + (Maintenance Margin Rate * Leverage)). Let’s look at a $1,000 account trading $BTC at $60,000 to see...