How to trade futures successfully⁉️🎯🔥
These five tips helped me get rich!!😱😎
1. Risk management > everything 📊
• Don't risk more than 1-2% of your capital on each trade. It's not about being right often, it's about survival.
• Use strict stop-loss orders - no exceptions. Don't wait and see in a losing position.
• The trade size should be proportional to your stop loss distance. Use the calculator.
2. Have a clear and tested strategy ♟️
• You need a repeatable edge. It can be based on price action, order flow, funding rates, etc.
• Test your setup. If it doesn't show a positive expectation over 100+ trades, don't use it.
• Only trade when your setup shows - no impulsive trades, no 'just a hunch'.
3. Control your psychology💡
• Futures = leverage = emotion magnifier. Don't trade out of revenge or overtrade after a loss.
• Get used to missing moves - there are always more setups.
• Your number one goal is to preserve capital, not to make money today.
4. Record every trade📝
• Record: entry, stop, take profit, rationale, outcome, and emotions.
• Weekly review. Look for patterns in mistakes. A 1% improvement each week = huge gains.
• Journaling = building an edge. No professional skips this.
5. Follow the market context 📈📉
• Always be aware of macro news, $BTC dominance, DXY, interest rates, VIX. These affect cryptocurrencies.
• Understand the funding rate and open interest shifts.