Post
Topic
Board Trading Discussion
Re: Hello Im trader i do binance futures trading see what i can Do here
by
Ratimov
on 01/12/2022, 03:53:34 UTC
There is fine line between gambling and trading and this line is broken when we trade with high leverage and eventually such high-risk traders lose their all capital.

There is a fine line between long-term holding and long-term investing, and there are very clear boundaries between trading and gambling. Any trading with high leverage is gambling.

1- Use low level of leverage

The smaller, the longer the deposit will live.

2-Never forget to use trailing stop loss

Advice that is not suitable for all strategies. For example, strategies designed for averaging positions never set a stop loss, where the system for protecting one's positions consists of a different mechanism, albeit a very controversial one.

3- Use only 2% of trading capital in one position

It is also worth considering that 2% is not the limit of perfection and any practicing trader must understand that the risk over time needs to be DOWN, not increased. It is also worth taking care of increasing the collateral of your positions.