“Trading is very competitive and you have to be able to handle getting your butt kicked.” — Paul Tudor Jones, Trading Legend.
This is a common challenge new Futures Trader face.
So no need to worry Penny,
When I started in November 2024, I got liquidated 14 times in my first 3months before I could learn. But I’m now in my second consecutive winning months, without a Futures Margin call.
Take aways:
1. Reduce leverage to no more than 30X per position.
2. Margin Ratio should never go above 5% for all positions on Perpetual Cross.
3. When using Isolated, MRatio must remain below 3% per position.
4. Set a hard Stop loss & never change it.
5. You’ll soon get back to green!
It’s difficult but that’s trading discipline.
Success!