Lead · Beginner Academy
In a leveraged market, most people don't lose on direction — they get washed out by volatility before they're ever proven right.
James Okafor
·
June 03, 2026
Many beginners first try contract trading lured by "turn a little money into a lot," and often get liquidated and knocked out before they even understand the rules. This guide explains, in plain terms, the four core things in leverage trading: perpetual futures, leverage, margin, and liquidation. Getting these straight matters a hundred times more than rushing to place an order.
## Perpetual...