Must-read for fans 😡

In the past couple of days, due to the streaming in the square, many of the followers might be beginners or early-stage traders. The most common comments seen in the square are about how much to set the stop loss? How much loss? Should I cut losses? Generally speaking, when trading futures, it is absolutely necessary to set a stop loss❗️

However, since everyone's position and leverage are different, the stop loss level needs to be managed personally. For example, in yesterday's market, I opened a short position at 106500 with 100x leverage and a position size of 5%. A drop or rise of 1000 points is about one times, roughly 100% or -100%. Therefore, I might set my stop loss at 108200, leaving a 1700 point stop loss, with a target looking at 102600, which is nearly four thousand points. With a basic position of 5%, the stop loss here is roughly 8%, and the take profit is between 15-20%. This way, the risk-reward ratio is also very high. However, from what I understand, many partners trade with half or full positions. If you enter like this, you are essentially going all-in, which is not considered trading. So, does my stop loss of 108200 seem applicable to you? Obviously, it is not suitable. If you open a half position with 100x leverage, and it floats to the stop loss level, you would lose 80% of your total position. Can you still achieve consistency in your actions to stop losses? Therefore, I have always advocated not to over-leverage, give yourself more trading opportunities, and keep some funds for recovery.