Gotta stay on top of those leverage numbers though, one unfortunate spike and you're toast if you haven't set a Stop Loss or Isolated margin đ€·đ»ââïž
CRYPTO BACE
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You crypto trade, yet still not profitable, here is your problem
A truth you don't often get told.
It's very practical and 100% workable for everyone
My secret strategy in futures is using just 1% of my total Capital on each trade.
And I don't hold more than 5 trades at a given time.
That wayâ
(1) It's impossible to get liquidated on any trade
(2) In the event there is a sharp market dump, I won't be in huge loss since I'm holding just 5 trades at a time which in total constitutes 5% of my total capital
This strategy is the secret to progress growth.
With this, Let's say you stated with $100 capital and 1% of $100 in each trade is $1, if you're patience and consistently grow by always taking profit.
In not time, you would 100% that capital and move to using $2 which is 1% of $200, in no time, you will 100% that $200 capital.
If you grow gradually like that, soon enough you will be using $1k capital and $5k and more.
You grow in trading, leave fortunates pump and crazy profit till when the real bull market is on, until then, patiently grow the capital you will use to take crazy risk when the bull market is on.
In the bull market, if you have capital of $1k, and you take five positions on futures using $50 each, with 20-50X leverage, you can turn $1k to 10k-20k weekly because of crazy bull market pump.
So, instead of wishing for big profit or envying people who are showing you their big profit, focus on growing your capital now, till when luck is stack up in your favour.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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