🔥 Learn Risk Management Before Leverage Trading !
⚠️ Otherwise your life will destroy !
👀 Here are some precautionary tips for newbies in crypto futures trading!
1. Start Small 💰
Begin with a small investment. Futures trading is risky, and it's easy to lose more than you invest.
2. Use Stop-Loss Orders 🚨
Always set stop-loss orders to limit your potential losses and protect your capital.
3. Avoid High Leverage ⚖️
Don't get tempted by high leverage. It can amplify profits but also magnifies losses.
4. Educate Yourself 📚
Understand how futures contracts, funding rates, and liquidations work before trading.
5. Manage Emotions 🧘♂️
Stay calm and disciplined. Avoid revenge trading or letting FOMO (Fear of Missing Out) drive your decisions.
6. Never Trade with Borrowed Money ❌💳
Only trade with money you can afford to lose. Never risk essential savings or take loans.
7. Keep Learning 🔍
Crypto markets are volatile and ever-changing. Keep updating your skills and knowledge.
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