📌 How to open a successful buy position in futures contracts (Shorter) on Binance?
Trading futures contracts gives traders great flexibility to achieve profits whether the market is rising or falling. With the Shorter feature, you can open buy or sell positions using leverage.
🔑 Key steps for a successful buy position:
1️⃣ Identify the pair (such as BTC/USDT) and choose futures contracts.
2️⃣ Carefully decide on the leverage size (the higher it is, the greater the risk).
3️⃣ Establish a clear entry point with prior technical analysis.
4️⃣ Set Stop Loss orders to protect your capital.
5️⃣ Determine a Take Profit goal.
6️⃣ Enter the position and continuously monitor the market.
⚠️ Remember: trading with leverage involves high risks; you should invest an amount you can afford to lose.
👉 What do you think? Should we provide you with a practical video explanation on the Binance platform?