Futures trading strategy
Stop Loss (SL) : 1.5%-2% below (Long) or above (Short) the entry price
Take Profit (TP) : 1:2 or 1:3 Risk-to-Reward ratio
Example : If you Take 2% risk, then set a profit target of 4%-6%.
- Check the news
News in futures affect prices very quickly.
Use :
CoinMarketCap
Binance Announcement
When trading on big news, keep your stop loss small or use low leverage.
- Trade Management
When the trade is in profit, shift your stop loss to breakeven
Don't get greedy and increase your TP, stick to the fixed ratio
Use OCO order if you don't want to sit in front of the screen
Example Trade (Long)
Coin : BTC
Price : $30,000
EMA 20 > EMA 50 (Uptrend)
RSI = 45 (Neutral Zone)
Leverage : 3x
SL = $29,700 (-1%)
TP = $30,600 (+2%)
Risk-to-Reward = 1:2
Leave Futures trading strategy to:
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