Best way to utilize Futures is: - a. Take Trades only twice your wallet amount. As a thumb rule, use 10% capital with 20x. b. Divide TPs(Take Profit) into three with percentages suggested to be TP1(50%),TP2(25%) & TP3(25%). c. Never Linger on one trade for longer period of time like 2-3 days, sudden dumps and pumps are inevitable. d. Put Stop Loss. No business can bring profit always, so be prepared for worst while hoping for best. e. Never ever go for DCA(Dollar Cost Average) when in loss, Accept your own terms of stop loss decided previously when you took trade. f. If your trade goes beyond 12 -15 hours and you are not getting closer to TPs, close in minimal profit. g. It can happen that you take a trade and it goes in huge profit all of a sudden, try taking reverse trade. Like if you longed a coin at 1 and it reached 1.1, take short from 1.1 h. Small profit is still a profit. Small progress is still a progress. Instead of going for Profit and Loss days, try to divide your days into Big and Small profit days. I. Don't invest in a single coin. Take 3-4 trades and leave as soon as you are in profit. 2.5$ in 1 trade is excellent of you can replicate same in other 3 trades. j. If you face loss, take a break. Relax your nerves,control your emotions. k. Winners never quit, so keep going and don't stop.
🔷 Understanding funding rate is very essential for future trading. Please read the referred article for better cognizance.
🔷 Got over 5$ profit today by FUNDING FEE only🤩
🔷 Once you understand it, you'll get PROFITS as I did.
🔷 I took a long on BIOUSDT and got paid in terms of FUNDING FEES at the end of each countdown due to negative funding rate during complete day.
✅✅ Longs are paid at the end of countdown, if funding rate is negative ✅✅
$BIO $MYX $WLFI
Futures_Enthusiast
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Bullish
What is funding rate?
The funding rate is typically calculated based on the difference between the contract price and the spot price of the underlying asset, and it is usually paid every few hours. This rate can be either positive or negative, reflecting the prevailing market sentiment towards the asset
Binance pay shorters when at the end of timeout, if funding rate is negative. If it is positive, Longers get paid. $SOL $BIO
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This current price action on $SOL isn't a breakdown; it's a meticulously planned liquidity hunt. 🐋 The financial predators who distributed at the $213 peak are now the ones setting the traps. They thrive on the anxiety this creates.
They don't buy into euphoria. They create these price concessions to accumulate shares from the unnerved. $SOL 📉 This selling pressure is a smokescreen for their inventory-building campaign. 💎 The transfer of assets from the weak to the convicted is the primary objective here. ⚡️ Once their quota is met, the reversal will be sharp, designed to leave sellers in disbelief. $SOL
This isn't a sign to flee. It's a signal that the game is afoot. See the strategy, not just the price. #sol #solana
The funding rate is typically calculated based on the difference between the contract price and the spot price of the underlying asset, and it is usually paid every few hours. This rate can be either positive or negative, reflecting the prevailing market sentiment towards the asset
Binance pay shorters when at the end of timeout, if funding rate is negative. If it is positive, Longers get paid. $SOL $BIO