Many beginner traders in Binance Futures fail not because the market is too difficult, but because of three classic mistakes that keep recurring. First, over-leveraging — in pursuit of quick profits, they use 20x or even 50x leverage. The result? Just one small movement can wipe out an account in seconds. Second, lacking a trading plan. They open positions just because of FOMO, following signal groups, or simply thinking 'it might go up/down', without knowing when to exit. Third, not being disciplined with stop-loss. When losing, they hope the price will reverse. But the market doesn’t care about hope — and eventually, the margin gets completely eroded.
Futures is not a playground. It’s a battlefield where only those with strategy, discipline, and risk management can survive. Don’t just focus on big profits — also focus on ways to avoid bankruptcy quickly. In the world of Futures, surviving is the first victory.