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#TUT #荣誉积分抽奖,赢MacBook Air和精美周边 #HODLer Airdrop - SUT 空投进行中 Risk Management Suggestions
1. The margin for a single transaction shall not exceed 5% of the total funds.
2. Set automatic take profit and stop loss at 1-3%.
3. Avoid high leverage operations before and after the release of significant economic data (such as non-farm data)
Case: During the Bitcoin flash crash in September 2023, a trader using 20x leverage longed at $29,000, and when the price dropped by 2.5% to $28,275, it triggered a forced liquidation, while spot holders only incurred a 2.5% loss.
It is recommended that beginners start with leverage below 5 times and first familiarize themselves with the mechanism using a demo account. Actual trading needs to consider slippage (which may reach 0.1-0.5% during periods of low liquidity) and transaction fees.
Wishing everyone a wealth of prosperity