🚨 Futures Trading 4 Iron Rules 🚨
1️⃣ Position: 10% principal red line
Single contract margin ≤ 10% of principal, leverage of 5-10 times is sufficient. Heavy positions = gamblers, a fluctuation of 0.1% may lead to liquidation!
2️⃣ Stop Loss: The iron rule is not to hold positions.
Short: Open a position after breaking below support, set stop loss at the upper edge of recent resistance (range ≤ 5%)
Long: Open a position after stabilizing and reversing, with the stop loss set below the support level (single loss ≤ 2% of capital)
👉 Admit when you're wrong; as long as you're alive, there's a cha
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