✍️ Quick Futures Trading Tip: Reduce Risk!
Have you ever wondered why you get liquidated so quickly in futures trading❓. The answer might lie in your level of leverage💹
Leverage is a double-edged sword⚔️ While it allows you to maximize gains, it also amplifies your losses📈
High leverage reduces the distance between the current price of your position and the liquidation point. In a volatile market, even a small movement can cause you to lose all your capital.❌
The key to managing risk is to use lower leverage. This gives you a bigger safety cushion, allowing the price to move without liquidating your position.
Remember, patience and caution are your best allies in trading
