jgcash

WANT TO GET STARTED IN FUTURES TRADING❓

Great!! Here’s what you need to know 👇

✳️‎WHAT IS FUTURES TRADING ALL ABOUT❓🤔🤔
‎
‎Futures trading is all about predicting, as the name suggests, whether the market movement will be bullish or bearish in the near future for a selected asset or pair (BTC/USDT, SOL/USDT, SIREN/USDT).
‎
✳️‎WHAT SHOULD WE CONSIDER BEFORE OPENING A FUTURES TRADE❓

Let me break it down for you, okay?
‎
📢‎ One of the main strategies to consider is RISK MANAGEMENT. It’s not just about how much you want to win, but how much you’re willing to sacrifice if the invested capital gets compromised (liquidated) by an unexpected market move opposite to our prediction.
‎
✳️‎So, in this scenario, what should you do❓
‎
👉‎ a) Define what percentage (%) of your capital at risk you’re willing to sacrifice (5, 10, 15%...).
‎
👉‎ b) Define what percentage (%) of your capital at risk you want to leverage (5, 10, 15%...).
‎
👉 ‎c) Manage your leverage (cross or isolated), as needed.

🧐 ATTENTION!! If you’re just starting to trade futures, it’s highly recommended to use the isolated option.
‎
👉‎ d) Manage your Take Profit and Stop Loss to protect the trade.
‎
👉‎ e) Ensure your entry for going long (buying) or short (selling) based on market behavior.
‎
‎WANT TO KNOW MORE❓
‎
‎Questions or concerns, follow me and leave your comment. 👇

$BTC $BNB
#BinanceSquareFamily #WriteToEarn #JGCash #Binance
‎