Mastering key settings and risk management tools on LBank Futures enables precise strategy execution, improved capital efficiency, and effective risk control. This guide covers position mode selection, leverage adjustment, TP/SL setup, margin modes, and liquidation prevention. Finalize your strategy and configure modes with no open positions to avoid unnecessary risks from mid-session changes.

Choose the Right Position Mode: One-Way vs Hedge

Position mode governs flexibility and risk, applying uniformly to all futures pairs.

1. One-Way Mode: Allows only one direction (long or short); opposite orders auto-offset to net position.

• Advantages: Simple operation, concentrated capital, prevents accidental reverses.

• Suitable for: Clear unidirectional trends.

2. Hedge Mode: Permits simultaneous independent long/short positions with separate margin and PnL; natural hedging.

• Advantages: Flexible profit locking, reduced unilateral liquidation risk.

• Suitable for: Range-bound markets, spread-capture strategies, or swing trading.

Switching Scenarios & Notes:

💡Notes: Switching prohibited with open positions/orders; Hedge consumes double margin; switching to One-Way forcibly merges historical positions (irreversible).

📌Reference: See details on「LBank Futures Position Mode Setup」.

Precisely Adjust Leverage

Leverage amplifies PnL and risk, up to 125x (pair-dependent). Higher leverage lowers initial margin but accelerates MMR decline.

💡Usage Tips: Use mid-high leverage (10-50x) for trends; low leverage (≤10x) for ranging markets. Monitor estimated liquidation price to avoid over-leveraging.

📌Reference: See details on「How to Adjust Futures Leverage」.

Set Take-Profit/Stop-Loss (TP/SL): Lock Profits, Cap Losses

TP/SL forms the cornerstone of risk management; set on order entry or post-position. Triggers based on last or mark price.

On Order Entry:

1. Order Types: Limit/Market (Trigger orders exclude TP/SL).

2. Quick: Check TP/SL > Select mode (Trigger Price / PnL% / PnL).

3. Advanced: By change (%), PnL amount, or PnL%.

Post-Position (Steps:「Positions > TP/SL」):

1. Cancel: Current Positions > Select 「Cancel」.

2. Importance: Protects capital, removes emotion, enforces discipline. Aim for ≥1:1 risk-reward ratio.

📌Reference: See details on「How to Set TP/SL in LBank Futures」.

Select Margin Mode: Cross vs. Isolated

1. Example: 100 USDT account, 20x BTC long.

• Isolated (10 USDT margin): Liquidation ≈10,000 USDT, loss 10 USDT.

• Cross: Liquidation ≈2,000 USDT, loss 100 USDT.

📌Reference: See details on「Isolated Mode vs. Cross Mode」.

Understand PnL Calculations: Monitor Unrealized/Realized PnL

1. Unrealized PnL (Long): Quantity × (Last Price – Entry Price).

2. Unrealized PnL%: [(Last Price – Entry)/Entry] × Leverage × 100%.

3. Realized PnL: (Exit Price – Entry) × Closed Quantity.

4. View: Positions (toggle last/mark price); Order Center > Trade History.

💡Notes: Excludes fees/funding; higher leverage amplifies % but not absolute profit.

📌Reference: See details on「How to Calculate PnL & PnL%」.

Prevent Forced Liquidation: Monitor MMR & Liquidation Price

Liquidation triggers when MMR < tiered minimum (higher for larger positions). Uses mark price to prevent manipulation.

1. MMR = (Account Equity / Used Margin) × 100%.

2. Est. Liquidation Price (Isolated example): ≈98,756.7 USDT (100x leverage; see formula).

3. Prevention Steps:

• Lower leverage + monitor MMR.

• Set TP/SL.

• Add margin promptly.

• Diversify positions.

4. System Actions: Cancels orders, stepwise close, bans transfers.

📌Reference: See details on「LBank Forced Liquidation Mechanism」.

Review TP/SL History: Refine Risk Management

Regular TP/SL history checks evaluate execution, identify winning patterns, and prevent repeated errors. Analyze trigger rates, reward:risk, and market context to optimize future setups.

📌Reference: See details on「How to Review History of TP/SL Setting」.

Utilize Futures Position Vouchers: Zero-Cost High-Leverage Trial

Position vouchers are platform-provided trial margin for isolated mode, fixed leverage only—no personal capital required.

Key Rules

💡Tip: Ideal for beginners to test strategies risk-free.

📌Reference: See details on「LBank Futures Position Voucher User Guide」.

Standard Bonus vs. Bonus Pro: Amplify Capital Efficiency

LBank Futures offers two bonus types to reduce costs and scale positions.

💡Selection Guide:

1. Beginners/Flexible → Standard: Easy claim, broad use, strong liquidation protection.

2. Advanced/Scaling → Pro: Long validity, position-focused, requires strict risk control.

3. Operations Tip: Check balance/expiry in Coupons; prioritize Standard for loss offset or Pro for larger entries.

📌Reference: See details on「LBank Bonus: Standard vs. Pro」.

Recommended Efficient Trading Workflow

1. Finalize Strategy → No positions → Set position/margin mode.

2. Prepare Funds → Claim voucher/bonus (Coupons) → Verify validity/rules.

3. Open Position → Adjust leverage → Set TP/SL → Prioritize voucher trial or bonus entry.

4. Manage Position → Monitor PnL/MMR → Review TP/SL history (Order Center > History) → Adjust/close timely.

5. Post-Close → Check trade records + Export TP/SL history + Review voucher/bonus settlement → Analyze PnL & trigger efficiency, optimize next setup.

LBank provides robust tools to navigate volatility confidently. Start with small amounts or vouchers and scale gradually. For issues, contact support at 📮[email protected].

Trading involves risk; base decisions on your experience and risk tolerance.