Post
Topic
Board Altcoin Discussion
Re: Choose Stop Loss over Liquidation
by
passwordnow
on 26/03/2025, 22:34:03 UTC
Now, he's back to learn from me. What advice should I give him?
Start small and avoid futures.
That's the best tip that you can give to your friend if he has no idea of what he's doing. Learning from YouTube videos are fine but that's not enough for futures trading. It's a combination of many factors and experience will tell more for that friend of yours. That's why even if the others are lurking here, you shouldn't get into futures with that $1k. That's a huge amount to lose unless you're prince of saudi or sort of royalty where you are or simply rich.