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%.

1. 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.

1. 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