Due to many comments asking questions that I couldn't answer, I will post here for anyone who needs it.
Futures (derivatives trading) is where you can profit whether the market goes up or down. But it is also the place that can “burn your account” the fastest if you lack knowledge and discipline.
If you are a beginner, here is the path I suggest to start safely and with direction.
1. Master Basic Knowledge About Crypto & Futures
• Know what spot is, what futures are, and how they differ
• Understand concepts such as: leverage, margin, liquidation, long/short, PNL, funding rate
• Familiarize yourself with the interfaces of exchanges such as Binance, Bybit…
2. Learn Basic Technical Analysis
• Master the tools: MA, RSI, MACD, Volume, Support – Resistance
• Know how to read candlestick patterns, understand price action
• Practice analyzing the 1H – 4H timeframe, avoid smaller timeframes as they can be noisy
Tips: You don’t need to be good at everything, but choose some tools that fit your personal style.
3. Set Up Capital & Risk Management
• Only use 1-3% of total capital for each order
• Accept losses, do not hold on when wrong
• Set clear stop loss – take profit, do not let emotions decide
Survival rule: Preserve capital > seek profit.
4. Build a Trading Strategy
-Determine when to enter and exit trades based on specific signals
-Keep a trading journal to improve
-Do not trade based on emotions or FOMO
Example of a simple strategy: RSI < 30 + Price exceeds MA20 → Enter small long.
5. Discipline & Long-term Thinking
• Accept small losses, do not let yourself get “burned”
• No need to place orders every day
• Think of it as a profession, not “gambling”
Remember: In Futures, surviving long enough gives you the opportunity to make money.
=> Futures are a powerful tool. If you know how to use them, you can generate good income, but if you lack knowledge and discipline, it will take your money faster than you think.
Learn – Test – Be patient – Discipline. That is the way to go long-term.
