Leverage: (This advice is for beginners who are newer to perps, if you’re more experienced you can do what you want) Forget everything CT has ever told you about leverage trading. Leverage is just a tool to maximize capital efficiency and take advantage of opportune moments where the r/r is asymmetric First, you need to think of leverage on alts and majors as two completely separate things. Longing SOL vs longing a 500m mcap coin are entirely different trades. Sounds obvious but for most it’s not. A basic rule to implement is never be more than 1x portfolio long on alts, this will save you a lot misery while still allowing yourself tons of upside. For example: say you have $100k and it’s denominated in SOL, and you use that as margin for your perps. You should never have more than $100k of alt longs on top of that. You are exposing yourself to too much risk on incredibly volatile assets, if you’re not elite you’re probably going to lose. But in this example you can still be 2x pf long (100k sol + 100k of alts) which is plenty of exposure! Just don’t get greedy. For majors, you can get more than 2x long in certain moments. But I probably wouldn’t go higher than 3-5x. The main thing with leverage is the more you use, the sooner you should take profit. There’s a lot more to say about perp trading but I don’t have time to get into that. I recommend following @awawat @Tradermayne @LomahCrypto and watching @CryptoCred YouTube trading series. And please, for the love of all that is holy NEVER put yourself in a position where if a trade goes against you, you blow yourself up.