futures tutorial

A practical pre-trade checklist for perpetual futures: funding rate, mark price, index price, margin mode, liquidation distance and exit plan.

A beginner futures workflow should start with eligibility, demo mode, contract selection, isolated margin and visible exit rules before any live leverage.

Reduce-only, stop-limit and bracket orders are not magic protection, but they can reduce common futures mistakes when traders plan exits before volatility arrives.

Cross margin and isolated margin are not just settings. They decide how much collateral a losing perpetual position can reach, how liquidation risk spreads across your account, and how much room you have to manage volatility.