I made $8.6k trading on Binance Futures this week 🥳

Here are a few tips to help you become profitable 👇

1. Use trailing stops: Lock in profits by letting your stop move with the market.

2. Control max drawdown: Decide the maximum drawdown you’re willing to accept and stick to it.

3. Set a daily loss limit: Cap your daily losses to avoid blowing up your account in one bad session.

4. Define profit targets: Aim for realistic, consistent profit targets on every trade.

5. Use hedging: Protect your positions by hedging against adverse market moves.

6. Keep a trading journal: Record every trade so you can review mistakes and refine your strategy over time.