If you trade futures, here are three golden rules for you:

1. Never trade on new coins. Every trader, in their trading, uses technical analysis one way or another. Technical analysis is the analysis of the past to predict price movements in the future. A new coin has no past; it is impossible to understand where its support and resistance levels are, and as a result, you open positions that will be negative 99% of the time.

2. Keep an eye on funding! A high negative funding rate will contribute to the growth of the coin since opening shorts is unprofitable, and vice versa. And changing funding every 2 or 4 hours will eat away at your deposit while you sit in a drawdown! Trust my experience.

3. Follow risk management! Always! You should open a position in such a way that you can average it out, and at the same time, your position should not exceed 2-4% of your deposit.