good information friend I have a few Usdt and memes and would you be so kind as to help me even if it's just once to trade in futures, the truth is I have informed myself more than I have traded
MC portillo
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the basics of futures, all currencies have the cross mode and a leverage of 20× by default before opening a trade you need to change that setting to isolated mode, a low leverage of 5 is quite safe although in some currencies 5× is already high risk, the best way to know is to open a trade with the minimum capital and see the distance between our entry and our liquidation price and then we can close and open a trade with more margin and more or less leverage as we see fit, never use all your money in one trade nor have more than one trade open at the same time, if you have $20 a 20% would be $4 place another buy order before your liquidation price with an amount equal to your first buy which would be 25% more of your capital, in case it gets to that point you avoid liquidation and your entry price improves this is known as DCA how to do that? once your position is open change market order to post only and place a price below your liquidation price, you can set a tp or take profit "gain" if you open a position with $4 a 10% profit would be 0.40 cents, don't wait too long to take profits, do this as many times as you can and you will make a good profit at the end of the day. if you close a trade don't forget to cancel the buy order you placed before your liquidation price or it will remain pending and can be triggered at any moment if the currency keeps rising or falling and it can harm you if you have another order open
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