By following these rules, you can navigate the cryptocurrency market more confidently, reduce the risk of losses, and build a sustainable trading career. Illustrated with examples, particularly involving Bitcoin and altcoin pairs, these rules are not investment advice but serve as a guiding framework.

1. Make Intuitive but Low-Risk Entries

As you gain experience in futures trading, you start to intuitively sense which prices are cheap or expensive. For instance, if you’ve been closely following a coin like SUI, you might recognize that the 3.40-3.50 cent range offers a strong buying opportunity. However, your entries should always be low-risk. Keep your position size aligned with your budget and avoid excessive leverage.

2. Base Position Closures on Technical Analysis

You can make intuitive entries, but always rely on technical analysis when closing positions. For example, examine resistance levels on 4-hour or daily charts. If SUI has previously reversed at 3.50 and shows resistance there, consider taking partial profits. This secures your gains and prepares you for potential pullbacks.

3. Scale Up Positions with Technical Support

If your position starts losing value, use technical analysis when adding to it. For example, if you bought SUI at 3.50 and the price drops, identify support levels (e.g., 3.30). Add to your position in stages at these levels to lower your average cost, but ensure you don’t exceed your budget.

4. Question the Opposite Scenario

Taking long positions during a market dip or short positions during a rally can be tempting. Always question the opposite scenario. For instance, before going long when prices drop, ask, “Why is the market falling?” Similarly, before shorting, evaluate the potential for further upside. This helps curb emotional decisions.

5. Establish an Exit Strategy

If you don’t use a stop loss, an exit strategy is essential. For long-term positions, assess 4-hour and daily chart candle patterns, funding rates, and position size. For example:

• If the 4-hour candle is negative,
• If the daily candle is negative,
• If funding rates are against you, Close half the position if two criteria are negative, and exit entirely if three are negative. Accepting losses is critical for long-term success.

6. Avoid Positions You Can’t Stop Watching

Large positions often lead to constant chart-checking, which increases stress. Choose position sizes that align with your budget and won’t keep you up at night. Trust the process and avoid excessive risk.

7. Calculate Costs

In futures trading, you pay a funding fee every 8 hours. Some coins may have significantly high funding rates. Before opening a position, calculate funding fees and transaction commissions. You can reduce commissions by using exchange referral links for discounts.

8. Use Orders

Instead of constantly tracking price movements, place buy/sell orders. For example, set an automatic buy order for SUI at 3.50 to act decisively without emotional interference. This keeps your strategy disciplined.

9. Set Alerts, Don’t Track Live

Constantly watching charts increases anxiety. Use platforms like Binance or TradingView to set price alerts for your target levels. This allows you to stay on track without obsessively monitoring the market.

10. Limit Position Size

Your total position size should not exceed three times your futures wallet balance. For example, with a $6,000 balance, limit positions to $18,000 (e.g., $3,000 at 6x leverage). This is a cornerstone of risk management.

11. Avoid Multiple Cross-Margin Trades

Cross margin risks your entire balance. If you’re opening multiple positions, use isolated margin and manually manage your margin. This prevents a loss in one position from affecting others.

12. Avoid Trading on Critical Days

Major events like Fed interest rate decisions or significant announcements (e.g., Donald Trump’s crypto-related talks) can cause sharp market moves. Avoid opening positions during these times.

13. Monitor Liquidation Levels

Examine liquidation levels, especially for Bitcoin, as they increase the likelihood of price spikes. Analyze the last three days of liquidation data to manage your risk effectively.

14. Take a Market-Wide View

Study Bitcoin dominance, Tether dominance, and total market cap (Total 3). For instance, if Bitcoin dominance is declining, shorting may not be logical. A broader market perspective leads to better decisions.

15. Focus on Position Size, Not Leverage

Using $10 with 100x leverage is equivalent to $100 with 10x leverage. The key is to keep your total position size appropriate for your budget.

16. Don’t Follow the Crowd

When the market is soaring and everyone is going long, be cautious. Similarly, when everyone is shorting, consider the opposite. The Fear and Greed Index can be a useful tool here.

17. Realize Your Profits

Regularly withdraw your profits. Take out an amount weekly or monthly to cover your needs. This boosts motivation and ensures you have cash in hand during potential losses.

18. Take a Break After Consecutive Bad Days

If you’re consistently losing, pause for 3-5 days to reassess your strategy. Avoid emotional trading decisions.

19. Take a Break After Consecutive Good Days

When you’re on a winning streak, you may take excessive risks. This can lead to losing all your gains. Take a short break after good periods to stay grounded.

20. Focus on Not Losing Money

For beginners, the primary goal should be to avoid losing money. Profits will come with time, but protecting your capital is paramount.

21. Avoid Unrealistic Targets

Don’t chase lofty goals like $1 for coins like Shiba or Doge. Set realistic profit targets and learn to be satisfied.

22. Make Your Own Decisions

Don’t blindly follow online hype or others’ positions. Trust your own analysis, review charts, and make informed decisions.

23. Don’t Be Lazy

Analyzing dominance, support/resistance levels, and market trends requires effort. Treat crypto trading like a serious job.

24. Think Long-Term

Instead of aiming for big wins in a single trade, focus on growing your budget by 5-10% consistently. This leads to sustainable success.

25. Know Your Limits

Trade within your budget and avoid greed. If a profit feels significant, don’t hesitate to realize it.

These 25 rules provide a foundational guide to minimizing risk and building a long-term trading career in futures trading. The cryptocurrency market demands discipline, patience, and effort. Use these rules as a roadmap while developing your own strategies, and always prioritize risk management.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post 25 Rules to Never Lose in Futures Trading appeared first on Coin Engineer.

Key Features of Pocket Protector

Follow the Top Traders: The Pocket Protector bot helps you discover and follow only the most skilled and profitable traders. It allows you to track their trades in real time and copy their strategies to improve your own trading. By learning from the best, you can increase your profits.

Trade in Group Chats Instantly: Whether you’re trading in Telegram or Discord groups, Pocket Protector ensures you don’t miss out on any opportunity. It shares real-time trades with your group, giving you immediate access to fast trading. Quick trades, high profits!

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Monetize Your Network: You can earn money by sharing your trading strategies with your followers. When they copy your trades and generate profits, 20% of their profits are automatically tipped to you. Everyone wins!

How to Use Pocket Protector Bot

1. Send a DM to the Bot: DM @pocketprotectorbot and deposit SOL to get started with your trading.
2. Instant Buy/Sell: Send any $ticker or CA to get instant price information and make your trades on the spot.
3. Get Price Alerts: Receive quick alerts when the tokens you post go up, helping you stay ahead of the market.
4. Add Stop-Loss and Take-Profit: Secure your trades by adding stop-loss and take-profit limits to your trades, ensuring better risk management.

Earn by Gaining Followers

1. Get Your Referral Link: DM @pocketprotectorbot to get your unique referral link.
2. Share Your Link: Share your link on Telegram, X, or other platforms to grow your following.
3. Followers Copy Your Trades: Your followers will automatically copy your trades, increasing their profits and yours.
4. Earn More: As your followers make profits, 20% of their earnings will be automatically tipped to you as a reward for your successful trades.

With Pocket Protector, crypto trading has never been easier or faster. Increase your earnings while helping others do the same. Don’t miss out on this incredible opportunity! Join now using our referral link and start making money today. Take your place in the new era of trading and build a strong network to maximize your profits.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is Pocket Protector Bot? How to Use? appeared first on Coin Engineer.

In today’s rapidly changing financial markets, investing has become more complex than ever. However, a method known as copy trading is helping both beginners and experienced investors to survive in this challenging world. Furthermore, Binance, one of the leading cryptocurrency exchanges worldwide, offers more options to investors by providing this copy trading feature.

You May Be Interested: Coinbase to Launch Futures Trading for Dogecoin, Litecoin, and Bitcoin Cash on April 1

What Is Copy Trading?

Copy trading offers investors the opportunity to copy the portfolio of an experienced investor in real time. This means investors can follow the transactions of a leading trader before developing their own investment strategies. Here are the two main actors of this system:

1. Leading Traders: These are experienced investors recognized by their own success. They allow followers to track and copy their trades.

2. Those who do Copy Trading: This group includes investors who follow leading traders and automatically copy their trades.

How to Use Binance Copy Trade in Futures?

Copy trading is a great feature offered on the Binance Futures platform. Here is a short and understandable guide on how to invest using this feature:

Step 1: Log in to your Binance Account

First, log in to your Binance account. If you don’t have a Binance Futures account, you can register using this link to get discount on commission.

Step 2: Choose the Portfolio You Want to Copy

Go to the [Futures] tab and then select the [Copy Trading] section. Also, you can select the portfolio of the leading trader you want to copy.

If you want to do copy trading together with Coin Engineer, you can visit Coin Engineer’s profile by clicking here and start investing together.

Step 3: Choose the Copying Mode

After choosing the portfolio, set the copying mode. Thus, you have two options:

• Fixed Amount: Determine how much you want to invest per transaction.
• Fixed Ratio: Determine your total investment and the system will trade according to this amount.

Step 4: Customize Other Settings

You can further personalize your copy trade. Specifically, you can set the:

• Copy Amount
• Cost Per Order (Fixed Amount Mode)
• Margin Mode (Follow Leader’s Margin Mode or Fixed Margin Mode)
• Leverage (Follow Leader or Fixed Leverage)
• Take Profit and Stop Loss Settings
• Maximum Position Per Trade Pair

Step 5: Start Copying

After setting up, click the “Copy” button to start copying. Thus, your investment will be transferred from your Spot Wallet to your Copy Trade account.

Risks in Copy Trading

Copy trading, like any investment, carries risks. If the strategy of the leading trader you follow fails, you may lose your investment. In addition, when trading in a volatile market or with low liquidity assets, you can be exposed to other risks such as slippage. Therefore, you should control your risk and be prudent when investing.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Binance Copy Trade’s Announced! What Does It Do? appeared first on Coin Engineer.