Don't trade on futures before knowing this!!
Many think that leverage is a quick way to earn, but it can also make you lose EVERYTHING if you don't know what you're doing.
Here I explain the basics:
What is leverage?
It's like borrowing to trade with more money than you have. For example, with 10x, a 1% increase gives you a 10% profit (but it can also be a loss!).
📉 Real risk:
90% of novice traders lose for not using stop loss properly or getting carried away by emotion.
Key advice:
If you're starting out, use a maximum of 2x and practice with a small capital. Learn to read support and resistance before going all in.
Never risk all your capital advice.