How to Control Position Risk in BYDFi Perpetual Contracts (APP)

When trading Perpetual Contracts on the BYDFi App, controlling position risk is equally important. Below, we explain how you can manage trading risks directly through the app features.

Core Principles of Risk Management

• Stop-Loss Orders: Set timely stop-loss levels to prevent losses from expanding.
• Position Sizing: Adjust your position size based on capital allocation and risk tolerance.
• Diversification: Avoid concentrating all funds in a single asset to reduce risk.
• Leverage Management: Keep leverage at a sustainable level to avoid excessive exposure.
• Market Awareness: Monitor price volatility, liquidity, and news events that may affect your trades.

Risk Control Features in BYDFi Perpetual Contracts (APP)

🔹 Add Margin

• On the Positions page, you can directly add margin to reduce leverage and adjust the liquidation price. 👉 Learn more: Auto Add Margin

🔹 Modify Stop-Loss Price

• On the Perpetual Contracts page, you can set or adjust your stop-loss price.
• The default stop-loss ratio is 100%. 👉 Learn more: Stop-Loss Triggers: Mark Price vs. Last Price

⚠️ Disclaimer: This article is for educational and risk management purposes only and does not constitute investment advice. Please carefully evaluate your own trading situation before taking action.