Thinking about short selling? Beware!
Profit from falling prices is tempting, but the risks are greater than you think...
That's why risk management is your number one weapon in margin trading!
Here are the most important strategies to protect your capital:
Don't enter the trade without a stop-loss order
Don't risk more than 1-2% of your capital
Use low leverage
Monitor the market and learn when to exit with a small loss instead of a disaster
Don't put all your money in one trade
Want to dive deeper? Read the full article from Binance here