Before you participate in the Futures market, let's explore some risk management strategies:

1. Determine the acceptable level of risk

• Capital management: Only invest a small portion of your capital (e.g., 1-2% per trade) to avoid significant losses.

• Do not over-leverage: Limit the use of high leverage as it can quickly increase losses.

2. Use protective tools

• Stop-loss: Set a stop-loss order to limit losses.

• Take-profit: Set a take-profit order to lock in profits when the market is favorable.

3. Manage emotions

• Trading discipline: Do not get swept away by the market or trade based on emotions.

• Avoid overtrading: Do not trade excessively, especially in highly volatile markets.

4. Understand the market

• Technical analysis: Use indicators like RSI, MACD, Bollinger Bands to identify price trends.

• Fundamental analysis: Monitor news related to the crypto market, such as legal regulations or major events in blockchains.

5. Diversify strategies

• Portfolio allocation: Do not focus solely on one type of asset or specific contract.

• Combine short-term and long-term strategies: To mitigate risks from unusual fluctuations.

6. Understand futures contracts

• Know about the types of contracts: For example, perpetual futures and standard futures with expiration dates.

• Understand funding rate: The funding rate affects the costs of holding positions in perpetual contracts.