By: Arief Hartono – Crypto Observer
Futures trading on Binance is one of the promising ways to achieve large profits in a short time. However, the high risk causes many traders to suffer significant losses just due to wrong strategies or lack of discipline. This article presents practical and realistic ways for you to increase your winning chances on Binance Futures.
1. Master the Basics of Futures
Before entering the battlefield, first understand what leverage, margin, liquidation price, and the difference between long and short are. Many beginner traders open positions without understanding these mechanisms and eventually lose all their capital.
2. Use Leverage Wisely
Don't be tempted by high leverage like 50x or 125x. Start with leverage of only 3x to 5x, enough to make profits but still manageable in terms of risk. High leverage is only suitable for professional traders with a strong mentality.
3. Adhere to Risk Management
Never enter the market without a stop loss. Golden rule: never risk more than 1–2% of total capital per position. This will extend your account's lifespan, even when facing consecutive losses.
4. Understand Trends with a Large Timeframe
Use 4H and 1D timeframes to see the direction of the main trend, then look for entry points on the 15M or 1H timeframe. Don't trade against the market direction just based on a feeling or information from a Telegram group.
5. Use Indicators Simply
Combine basic indicators such as:
EMA 20 and EMA 50 → to see short-term trends.
RSI → for detecting overbought/oversold.
Volume → for validating breakouts.
Avoid too many indicators that can confuse you.
6. Manage Emotions and Discipline
Don't seek revenge on the market after a loss (revenge trading). Emotions are a trader's main enemy. Create a daily trading plan and adhere to it with discipline.
7. Use Automatic TP/SL Features
Utilize Binance's automatic Take Profit and Stop Loss features. This protects you from sudden fluctuations that could wipe out your account in minutes.
8. Learn Bitcoin Price Patterns
Since the majority of altcoins follow BTC's movement, understand BTC's direction first. Use BTC dominance (BTC.D) as an additional indicator to see market strength.
9. Don't Just Follow Signals
Filter all signals you receive. Do your own analysis before following signals from the community, YouTube, or crypto influencers.
10. Try First on a Simulation Account
Use a Binance Futures testnet account for practice without risking real money. This will help you train your strategy and psychology before fully diving in.