1. Understand the market: Before you start trading futures, you need to have a deep understanding of the market. This includes understanding the volatility of the market, major news events, etc.
2. Choose the right underlying:
- Choose an underlying with good liquidity: this makes it easier to enter and exit the trade.
- Choose an underlying that you are familiar with: this way you can better understand its price dynamics.
- Avoid overly speculative underlyings: the prices of these underlyings may be affected by manipulation or false news. 3. Money management: Don't put all your funds into one trade. Set a fixed ratio for each trade, such as no more than 2% of the total funds.
4. Set stop loss and take profit: When opening an order, set the stop loss and take profit points. In this way, even if the market suddenly reverses, you can limit your losses.
