Quick List: 3 Things to Do Before Trading with Leverage
Leverage can multiply profits, but also losses, very quickly. If you are thinking about trading futures, follow this checklist rigorously:
Understand the Risks: Fully understand how margin works and your liquidation price before opening any position.
Start Small: Never use maximum leverage. Start with 2x or 3x and small positions to learn how to manage risk.
Always Use Stop-Loss: A stop-loss order is your safety net. It is even more crucial when trading with leverage.
Trade responsibly. If you decide to use leverage in BTC or ETH, start with low amounts. Click to explore the trading interface.
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