Quote from: ajiz138 on March 24, 2025, 09:00:14 PM

It is too careless if futures traders do not set stop-lose because we know market movements are difficult to predict, therefore people who are too reckless with SL have ignored their risks.

I've seen in X and this was widely reported if I'm not mistaken he was liquidated $1M when he was sleeping, because he forgot to set a stop-lose.
Futures trading is most avoided by me because I know the risk is so great that I don't want to not bear it.

I’m quite surprised, i mean no matter how much money a trader has stop-loss should be in the first measure to set in case the trade goes south. It can only be forgotten if the trader is a newbie.

I’m sure this is the reason Bitget organized an opportunity for new traders to be protected from liquidation because it’s certain new traders get liquidated the most. Though i’ve seen professional traders also make this mistake due to emotions. To avoid loss in crypto, one has to be very careful when emotions want to creep in.