#BitcoinVsTariffs Binance Futures Trading Tips for Success
1. Learn the Basics First
Leverage: Start with low leverage (2x–5x) to minimize liquidation risk.
Contracts: Choose between USDT-M Futures (settled in USDT) or COIN-M Futures (settled in crypto).
Funding Fees: Watch out for funding rates, as they can affect long-term trades.
2. Manage Risk Properly
Use Stop-Loss: Always set a stop-loss to avoid liquidation.
Risk-Reward Ratio: Aim for at least 1:2 or 1:3 (risking $10 to gain $20 or $30).
Position Sizing: Don’t risk more than 1-2% of your total capital per trade.
3. Watch Key Market Levels
Support & Resistance: Identify strong price zones to enter or exit.
Moving Averages (EMA 50, EMA 200): Helps spot trend direction.
RSI & MACD Indicators: Use them to confirm momentum.