Need Advice from Experienced Traders – SPACEUSDT
10x Long
I opened a 10x long position on SPACEUSDT at 0.00754, and currently my PNL is down around -48%. The price didn’t move drastically, but because of leverage, the loss looks heavy. This situation made me realize how powerful and risky futures trading can be, especially when using higher leverage.
I’m still learning and trying to improve my risk management. I want honest advice from experienced traders:
• Should I reduce leverage on small accounts?
• How do you decide proper entry and stop-loss levels?
• Do you wait for confirmation before entering, or trade support zones directly?
• How do you control emotions when PNL turns red quickly?
I don’t want to gamble — I want to trade smarter and build consistency. Any constructive advice, strategy tips, or personal experiences would really help me grow as a trader.
Appreciate every response. 🙏
#CryptoTrading #Futures #Leverage #Learning