Learning today about futures trading,😊
#CryptoClarityAct Simplest tips to start with futures trading.
1. Learn the basics
* Read: Understand what a future is (an agreement to buy/sell something in the future at a fixed price).
* Know: Learn what words like "margin" or "stop-loss" mean.
2. Practice a lot
* Use a practice account (demo): It's fake money, so you don't lose anything.
* Play with it: Learn to use the platform and test your ideas.
3. Don't risk too much money
* Set a limit: Decide how much money you are willing to lose on each trade (make it very little!).
* Use the "stop-loss": It's an order that closes your trade if you're losing, so you don't lose more than you want. Always use it!
4. Have a plan
* Decide what you'll do: Think about when you're going to buy and when you're going to sell before doing it.
* Don't improvise: Stick to your plan, don't get carried away by the moment.
5. Stay calm
* Be patient: You don't have to trade all the time. Wait for the best opportunities.
* Accept losses: If you lose a little, don't worry. It's normal. Close the trade and move on.
Remember: educating yourself and protecting your money are the most important things at the beginning.
#FuturosCripto #TradingSignals #AprendiendoCripto #AprendiendoTrading