I just had someone ask me about trading futures, so I want to share it again with those of you who are new to crypto. Basically, futures are a type of futures contract that lets you predict whether the price trend will go up (long) or down (short). Almost all exchanges open this feature, but not every coin has futures available.

The great thing about futures is that you can use leverage, meaning you borrow money to trade with a larger amount of capital. For example, if you have $1, using x100 gives you $100 to place an order. But that’s also the biggest danger—if your prediction is wrong, you don’t just lose your principal money; you can also get liquidated, wiping out your assets (cháy tài khoản). I’ve seen many beginners lose everything just because they were careless and overconfident.

So I want to talk about how to control risk when trading futures. First of all, you need to clearly understand 2 important tools: SL (Stop Loss - điểm cắt lỗ) and TP (Take Profit - điểm chốt lãi). Most exchanges have this automation feature. You should use it to prevent getting liquidated or forgetting to take profit.

Based on my experience, here are a few principles for beginners:

If you’re trading BTC, you should only use leverage of x5 or lower. For ETH and altcoins, x3 is the maximum. The important part is to split your capital into multiple entries to increase your ability to withstand temporary losses. Let your liquidation price be as far away as possible—getting an email about liquidation right after just a quick glance is terrible.

I’m only sharing my experience, not investment advice. If you’re interested in trading signals and market updates, you can follow to get more updates.