Tks ThanTaiCrypto

8 MISTAKES WHEN TRADING FUTURES

==> YOU SHOULD READ THROUGH

1️⃣ Too high leverage
Using 25x–50x can easily lead to account liquidation.
➡️ Use 5-8x, always set a stop-loss.

2️⃣ Trading based on emotions
FOMO, panic → continuous mistakes.
➡️ Stick to the plan, do not trade based on emotions.

3️⃣ Poor risk management
Going too big on one trade = total loss.
➡️ Only 10-20% per trade. (no more than 2 trades)

4️⃣ No stop-loss / take-profit
Hoping for a price reversal = a mistake.
➡️ Set clear SL/TP.

5️⃣ Holding onto losses, trying to recover
The more you try, the deeper the losses.
➡️ Take a break, relax, and wait for your mental state to stabilize before trading again.

6️⃣ No clear strategy
Jumping around coins = lack of direction.
➡️ Choose one strategy: scalping, swing, or hold.

7️⃣ Not taking profits in time
Waiting for “more pumping” → you may lose all profits.
➡️ Gradually take profits, move stop-loss to entry when in profit.

8️⃣ FOMO & chasing peaks
You rush to buy → chasing peaks.
➡️ Wait for a correction, buy at a good entry point.

✅ Remember:

Managing psychology, risk, and having a clear plan are key factors for long-term success.

Crypto God