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✅ Pre-Trade Risk Assessment

Complete this checklist before opening any perpetual position

0 / 12 checks completed

📊 Position Analysis

Checked current funding rate

Verified annualized rate is acceptable (<50% APR) for my holding period

Calculated liquidation price

Used calculator to determine exact liquidation price for my leverage

Maintained 20-30% safety buffer

Current price has sufficient buffer above/below liquidation price

⚙️ Position Settings

Leverage is appropriate

Using conservative leverage (3x-5x for beginners, max 10x for experienced)

Using isolated margin mode

Position risk is isolated to only this trade, not my entire account

Stop loss order is set

Have a stop loss order ready to limit maximum loss

💰 Risk Management

Position size is 1-5% of capital

Not risking more than 5% of my total trading capital on this single trade

Maximum loss is acceptable

Calculated worst-case scenario loss and it won't affect my financial situation

Break-even price move calculated

Know the minimum price move needed to cover fees and funding costs

🔍 Pre-Trade Validation

Checked Open Interest

Market has healthy OI (not a crowded trade or illiquid market)

Not trading on emotion

This trade is based on analysis, not FOMO, fear, or revenge trading

Have a clear exit plan

Know exactly when I will close this position (target price, time, or stop loss)

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