When we started trading in BINANCE FUTURES, we were dazzled by the captures of a position with 1,000, 2,000, 3,000% Profit and leverage of 50x, 75x, and usually they do not show the amounts invested and the profits obtained.
We also do not know the tools that the platform offers us, for example:
* the structure of the position 1 Top Profit (TP target profit) 2 Stop Loss (SL controlled capital loss) 3 types of operation (limit, market, stop limit, etc.)
We dive in and then it makes us very sad how quickly we lose the little capital.
I started with 2,093,935,191,916, lost 1,893,935,191,916 in several failed attempts (I lost several operations of 1,939,351,919,16 in 10 seconds due to the 50x leverage) and then I started to research, especially in the app 😂
Now I take profits, no matter how simple they seem, I carry the capital at 5,593,935,191,916 and I hope to keep increasing little by little to be able to trade with more capital and obtain significant profits 🤑
Recommendation for new users: If you invest 1,293,935,191,916, trade with 10x leverage and with a clear profit target of 30, 40, 50% of the capital, it will be slow, but I assure you that you will learn much more. Working through TP SL, 0.5093935191916 is also a profit because you must understand that you are trading with little capital 🤓👍
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WCT in your portfolio? Let us know your thoughts in the comments. 👇
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