Why Your Profitable Trades Are Secretly Draining Your Bank Account

89% of futures traders are liquidated in their first month. Here is what the 11% do differently: they stop obsessing over the price action and start obsessing over the math that happens behind the scenes. When I first started, I treated my $5,400 loss like a bad run at a casino, but it wasn't bad luck—it was a slow-motion robbery. Most traders think their only enemy is the market direction, but the exchange is feeding on your account every single hour through funding rates and trading fees.

Think of trading fees and funding as a "tax on your staying power." If you rent a car, you pay per mile. If you hold a leveraged position, you are essentially renting that capital from the exchange, and they charge you an...

Posted by @cryptohead69 on Binance Square — crypto trader, $5,400 lifetime futures loss, now sharing what I learned.