š“š“ Reaching from $100 to $10,000 with Futures Risk Management š“š“
If you have a big goal of $100,000 with $1,000 capital, learning to trade futures can be very beneficial. Futures trading allows you to manage your risks while increasing your potential gains.
How?
What to do?
1ļøā£ Education
š Use a variety of sources to learn about futures trading. I help you understand futures transactions by sharing many posts on this subject.
2ļøā£ Activation
š If you haven't activated your futures account yet, you can start by activating your futures account on a platform like Binance, for example. Activate your account by answering the required questions below during the activation process.
3ļøā£ Startup and Strategy
š After activating your account, you need to transfer the balance from your spot wallet to your deposit wallet.
š Afterwards, you can start trading by adjusting the leverage.
Taking strategic steps regarding futures trading is important for your success. Here are some strategic steps:
š“ Research and Analysis: Constantly monitor and analyze the market. Predict price movements using technical analysis tools.
š“ Risk Management: Set a certain risk limit for each transaction. Limit your potential losses by using stop-loss orders.
š“ Portfolio Distribution: Instead of investing all your capital in a single position, reduce your risk by catching the trend and distributing it to different positions such as $NOT , $PEPE , $XRP .
š“ Psychological Preparedness: Maintain emotional control against market fluctuations. Instead of panicking, act planned and strategically.
By taking strategic steps, you can achieve big goals with your small capital.
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