Only 10 USDT orders.
Reason: Minimizes risk per trade, ideal for beginners/small accounts, allows many trades without major capital impact, promotes discipline.
Use only Cross margin x10.
Reason: Uses full account as collateral, helping prevent early liquidation. 10x leverage balances profit potential with manageable risk.
No DCA (Dollar-Cost Averaging) in loss or profit.
Reason: DCA on losing leveraged trades rapidly increases risk and liquidation chance. Not DCA-ing in profit secures gains for new opportunities.
Never cut losses.
Reason: Highly risky and unconventional. May rely on eventual market reversal, small positions (Rule 1), and strict margin control (Rules 2 & 5) to withstand drawdowns. Carries extreme risk and is generally not advised.
Margin ratio under 2%.
Reason: Maintains a large buffer against liquidation, crucial when not cutting losses, ensuring sufficient equity remains.
No FOMO on high-pumped or new coins.
Reason: Overbought coins risk correction. New coins are volatile and unpredictable due to hype and lack of history.
Take profit at 20-30%.
Reason: Secures regular profits for compounding capital and reduces risk of losing gains to market reversals.
Use profits to open accounts on other exchanges.
Reason: Diversifies platform risk (outages, hacks) and accesses more trading options; scales profitable operations.
Be patient; avoid emotional trading.
Reason: Emotions (fear, greed) lead to impulsive, strategy-deviating decisions and losses. Patience helps await good setups.
Use 1h, 4h, daily, weekly, monthly charts.
Reason: Higher timeframes show stronger trends and key levels, filtering out short-term "noise"; good for swing or position trading.
Trade large-cap coins.
Reason: Offer higher liquidity, typically lower volatility, and less manipulation risk. Relatively safer and more predictable, especially for strategies not using stop-losses.
Perseverance over 1-3 years can lead to success in futures trading. Good luck.