Rules to apply for new Babies in future trading.

#1 Don't be greedy while setting your trade

#2 Always put your stop loss and take profit rightly

#3. Stick to the rules.

#4. Apply Wallet management

#5. Remember rule 1

Future trading is a great place to trade but don't be over greedy.

#Write2Earn

#Note a Financial advice
#Always do your research before setting your trade
master basic financial analysis

Why Beginners Should Avoid Futures Trading in Crypto; A Cautionary Tale

Part 2

#3. The Unpredictable Nature of Crypto Markets

Crypto markets are like untamed beasts, defying logic and reason. Alex learned this lesson the hard way. Volatility in the crypto world can strike without warning, causing prices to skyrocket or plummet within moments. The sudden shifts can catch even the most experienced traders off guard, and for beginners, it's akin to walking on a tightrope without a safety net. The relentless fear of losing everything became a constant companion for Alex, a reminder of the unpredictable nature of crypto markets.

#4. The Lack of Knowledge and Experience

Cryptocurrencies are complex entities, and futures trading adds another layer of complexity. Alex, fueled by ambition but lacking in knowledge and experience, found themselves drowning in a sea of technical jargon and intricate trading strategies. The lack of understanding only amplified their fears, leading to impulsive decisions and costly mistakes. Without a solid foundation of knowledge, beginners are akin to sailors lost at sea, at the mercy of waves they cannot navigate.

#BullorBear #bitcoinhalving #Megadrop

Aoa.
Hello Guys!
How are you doing?
I am really sorry upon your brutal liquidations.
I Also lost 20 to 30 usdt ad this is very small loss incurred.
the Reason behind is the fear of liquidations.
I have invested 90% of my Capital in Spot.
but to fulfill my desire I am also trading in future with only 10 % of my Capital with Tight stop loss.
To stay in the trading please follow these rules
#1. Always set your goals for trading
#2. Never ever enter in a trade Blindly.
#3. Use minimum leverage UpTo 7-8%
#4. if you are Trading with big amount and high leverages use tight stop lose.
#5. Once you open a trade then after setting your stop loss with proper analysis keep it going and wait according to your target.

Big Institutions and Exchanges want us to be liquidated as they have our complete data where our stop losses and liquidity stands.
So to stay in the longer run save your capital and never let them liquidate you. I know your feelings as i have suffered with it many times.
So always learn with your mistakes.
if you want to know stop loss or Resident and support levels keep reading threads and posts shared in Binance feeds.
I can Also assist if you want me to analyze any coin for you.
thanks