Guides
How perpetual futures, leverage, copy trading and risk management actually work, explained with the numbers from our own book rather than textbook examples.
| No. | Guide | Level | Read |
|---|---|---|---|
| 01 | Crypto perpetual futures, explainedThe contract behind most crypto trading volume: what you actually hold, who pays whom every eight hours, and where the money leaks. | Beginner | 4 min |
| 02 | Leverage, exposure and liquidation: the numbersThe leverage number on a trader's profile is a margin setting. Risk lives in exposure, and the two can differ by an order of magnitude. | Beginner | 3 min |
| 03 | How copy trading works on Binance, and where it breaksYour account mirrors the lead's orders, not their results. The difference is fees, funding, minimum order sizes and the amount you copy with. | Beginner | 3 min |
| 04 | Risk management for crypto futures: what a systematic book doesRisk management is not a stop-loss. It is a set of limits that decide size before entry, cut risk without discretion, and never require anyone to be brave. | Intermediate | 3 min |
| 05 | Money management for copiers: how much, and what to expectSizing an allocation is a question about drawdowns, not returns. Here is what the record says a week, a month and a year look like. | Beginner | 2 min |
| 06 | How to read a trading track record, and how to spot a fake oneFive numbers explain most of a record. Everything else is presentation, and presentation is where the fakes live. | Intermediate | 3 min |
| 07 | Trend following in crypto: what it is, when it works, when it doesn'tTrend following does not predict. It sizes into moves that have started and out of moves that have ended, and accepts many small losses for a few large gains. | Intermediate | 3 min |
| 08 | Crypto copy trading: how it works and how to choose whom to copyCopy trading routes someone else's orders into your account. The mechanics are simple; choosing whom to copy is where the money is made or lost. | Beginner | 3 min |
| 09 | Is copy trading profitable? What the numbers sayCopying a profitable strategy is not the same as profiting from it. Four things stand between the lead's return and yours, and one of them is you. | Beginner | 3 min |
| 10 | Copy trading risks, and what limits each oneThe lead's strategy is one risk among nine. The others live in the platform, the copy settings and the copier. | Intermediate | 3 min |
| 11 | Hyperliquid vaults: copy trading on-chain, explainedA vault is one account, many depositors, every position on-chain. It removes the per-order minimum problem and adds a lock-up and a protocol risk. | Beginner | 2 min |
| 12 | Copy trading, trading bots, or doing it yourselfRunning a strategy yourself buys control at the price of operations. Copying buys the execution and the operations at the price of a profit share. | Beginner | 2 min |
| 13 | Copy trading fees, explained with a worked exampleFour charges, one of them invisible on the leaderboard. On a $2,500 copy of our book they add up to roughly $140 a year plus a tenth of the profit. | Beginner | 2 min |