1 year for Futures ( Day 2)
What should not be done? And many people do it stupidly, going long when it is going down, or going short when it is going up, when it has been a long time, maybe a day, it is known that it will seek a correction, let's take the example of $RIVER, it is mostly bullish, it goes up, and goes up and goes up, and then there are the bears, who wait for the longs to take profits so that the price goes down, and when they see that it has gone up too much, they make their move, or the buy order gets executed, but the price does not go down, and since there is such a big difference, they lose everything.
River is a very volatile coin, it can be at 40, and drop to 28 suddenly, when to go short? When you see on the chart that it is truly going to continue going down, not when you see it at 38, wait a little longer, confirm the trend, go short at 35. And set your take profit at 29, do not let greed win you over, because you will lose everything in seconds.