Do's and Dont's
This section aims to clarify some of the essential Do's and Don'ts to incorporate into your day-to-day trading practices.
Warning: While IQ Trading doesn't offer financial advice, we highly recommend adhering to these best practices to minimize potential setbacks on your trading journey.
You Should Always
Set your margin mode to "Cross Margin"
Only use a maximum of 30% of your account balance for trading (ensure at least 70% remains as available margin to safeguard your trades from liquidation).
Utilize 100X leverage when trading Bitcoin, as this is the optimal leverage for this asset when employing the IQ Trading strategy.
You Should Never
Deposit into your Standard Futures wallet an amount greater than what you are willing to lose.
Deposit additional funds into your Standard Futures wallet to prevent liquidation on an open losing trade.
Trade on your phone or when you don't have focused time for trading.
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