How to make $10,000 in crypto futures trading without losing it.

How to make $10,000 in crypto futures trading without losing it.

In this bullrun many traders will make money but will lose it due to some mistakes that can be avoided.

Here are some actionable tips to help to protect your trade and profit in futures trading.

Cross Vs Isolated Perpetual Mode:

When you trade on cross mode, your entire capital is taken as security. So in an event that you are liquidated you can lose the entire money. But for isolation when you are liquidated, it affects only one trade. So, using isolated mode prevents the risk of losing everything.

100x Leverage Vs 10x Leverage:

Leverage is simply borrowing money to trade. The higher the leverage the higher the chances of getting liquidated. That means lower leverage is better than higher leverage. In fact, I use 10X and 5X when trading futures.

Limit Order Vs Market Order:

Limit order allows you to buy and sell an asset at your desired price. Market order allows you to sell and buy an asset at the current market price. You will lose money when buying through market order unless the trades need urgent execution.

Profit Taking:

when taking profit you don’t take it once instead you take it in percent.

By doing so you allow a winning trade win massively.

I created a video to explain all this and demonstrated how to use them in futures trading. In the video, the last section is on profit taking.

Here is the link again: https://urlgeni.us/youtube/futures watch and subscribe.