🔥 3 simple tips to help you reduce risks when trading Futures on Binance!
1. Always set a Stop-Loss (SL)
No trade is guaranteed to win 100%, so never enter a trade without setting an SL. This helps you preserve your capital, especially in a highly volatile market.
2. Only use less than 5x leverage if you are a beginner
Many people incur losses simply because they use too high leverage. Start slowly, learn to manage your psychology before increasing leverage.
3. Don’t "chase the top – catch the bottom" impulsively
Use technical analysis tools like RSI, Bollinger Bands, or MACD to determine reasonable entry points, instead of falling for FOMO.
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