Tip #1: Use leverage wisely
CoinW perpetual futures offers a maximum leverage of 200x. When opening positions, do set your leverage ratio according to your personal risk tolerance.
Tip #2: Curb your loss
1. Reduce position size: When the index price approaches the 'liquidation price,' you can lower your risk of forced liquidation by reducing your position size.
2. Set stop-loss: It’s always good practice to set your take profit and stop loss. When the last price reaches your stop-loss price, a pre-loaded stop-loss order for your position will be filled.
Tip #3: Add margin
For cross-margin mode: Transfer assets to your futures account to increase the margin and reduce the risk of forced liquidation.
For isolated margin mode: Allocate more equity to selected positions to increase your margin, thereby reducing your risk of forced liquidation.
Tip #1: Use leverage wisely
CoinW perpetual futures offers a maximum leverage of 200x. When opening positions, do set your leverage ratio according to your personal risk tolerance.
Tip #2: Curb your loss
1. Reduce position size: When the index price approaches the 'liquidation price,' you can lower your risk of forced liquidation by reducing your position size.
2. Set stop-loss: It’s always good practice to set your take profit and stop loss. When the last price reaches your stop-loss price, a pre-loaded stop-loss order for your position will be filled.
Tip #3: Add margin
For cross-margin mode: Transfer assets to your futures account to increase the margin and reduce the risk of forced liquidation.
For isolated margin mode: Allocate more equity to selected positions to increase your margin, thereby reducing your risk of forced liquidation.