If you also want to know, then let me tell you how you can earn like me daily by trading in future perpetual. I will explain step by step below in this article 👇
1️⃣ Coin selection: The first step is to select an altcoin that is as volatile as possible and has high volume📊. Take coin $SIREN for example.Because just 5 to 6 days ago this coin was trending📈 a lot and was going up like a rocket, then suddenly the coin dump happened in which many people increased their positions up to 💯x.
2️⃣ Leverage🫁: Leverage is most important in futures trading because if you learn to manage leverage💢, you will avoid getting liquidated.Because altcoins 🪙are more volatile, If you have taken too much leverage⚡, you will get liquidated as soon as the coin is dumped by 5% to 6%.☠️☠️
3️⃣ Risk Management🫀: Risk management is also a very important topic in trading🚵, so keep in mind that when you are entering into highly volatile coins, use only 3%-5% of your capital💸. So that you can manage the trade well.🐹
4️⃣ Technical and smart money concept🚦: Now if you have done all the above points well then it will lead to the concept of technical 📈and smart money.Don't always trade just by looking at the charts See where the resistance, support🟢, supply and demand zones are located so that you can accurately place your trade entry, stop loss and take profit. And speaking of smart money, always watch the volume📊. If the volume is high, then understand that the coin is under a lot of pressure from large orders and big buying and selling.And if you want to see the big buyers or sellers of whale 🐋 yag, then go to Binance, click on trade and you will see the Smart Money button at the top. That's where you can see the smart money concept of any coin.🗿🗿
5️⃣ I can help you with all of these😊: If you don't want to do all this and don't know how to select altcoins and track high volatility coins, how much leverage to take, how to follow risk management,How to follow technical and smart money concepts, so don't worry, I can help you in all these matters.If you want me to share all the updates with you all, then you can follow my posts.
