Many new people in the world of crypto trading do not step in because they do not have a large amount. But the reality is that Binance Futures
You can start your trading journey with just $10.
If you have a low balance, these 5 golden rules will help keep your account safe.
1. Control leverage (Leverage) 🛡️
The biggest mistake with low balance
20x or
50x
is the use of leverage.
$10
Always with
2x
from
5x
Stay within.
Remember, higher leverage means that even a slight opposing movement in the market can wipe out your balance.
2. Stop Loss is essential 🛑
In futures trading, a stop loss is your best friend. Before taking a trade, determine how much loss you can tolerate. For example, if you are trading with $10, do not take more than 5% risk.
3. Position Sizing 📉
Do not put your entire $10 in a single trade. Split it into portions (like $2 or $3 per trade). This way, if one trade goes wrong, you still have a chance to recover.
4. Avoid emotional trading (No FOMO) 🧘♂️
Do not get emotional watching the market rise rapidly. Always rely on technical analysis.
Take entry based on (Support & Resistance).
Patience is key
is where real money is made in trading.
5. Prioritize learning 📚
Consider those $10 as a means to gain "experience" rather than profit. Read Binance Academy articles and try to understand market patterns.
Result: The biggest advantage of starting with a small amount is that you understand market psychology without large losses. Only when you learn to consistently grow $10 will you be able to handle larger amounts.
Disclaimer: Futures trading is highly risky. This post is for educational purposes only. Do your research before trading.
(DYOR)
Make sure to do this.
#Binance #FuturesTrading #CryptoTips #WriteToEarn #RiskManagement
