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![DanielAgaba20 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1554910300377419784.png) Danny krypt👾 🔶️ [@DanielAgaba20](/creator/twitter/DanielAgaba20) on x 2136 followers
Created: 2025-07-20 07:02:47 UTC

Good Morning, dYdX Fam
Rise and shine, traders  As the markets wake up, here are a few helpful tips to kickstart your day on @dYdX,

 * Check the Funding Rates: Funding rates on perpetuals can change rapidly, Always take a quick look to understand the cost of holding your position (or the potential to earn funding).
 You can find them clearly displayed on the dYdX trading interface.
 * Manage Your Collateral:
    Keep a close eye on your collateralization ratio Volatile market movements can impact your margin health Consider topping up your collateral if you're getting close to liquidation levels, especially if you plan to hold positions through significant price swings.

 * Stay Informed: 
   The crypto market never sleeps Before making your moves, take a moment to scan the latest news and market analysis, Unexpected events can heavily influence price action.

 * Utilize Stop Loss and Take Profit Orders: These tools are your best friends for risk management.

 Set them to automatically close your positions at predefined price levels, helping you lock in gains and limit potential losses, even when you're away from your screen.

 * Understand Liquidity: Pay attention to the order book depth for your chosen trading pair Lower liquidity can lead to greater price slippage on larger orders.

What are your go to morning rituals before trading on dYdX? Share your tips below

![](https://pbs.twimg.com/ext_tw_video_thumb/1946828003293446144/pu/img/nxnZHaP72O8_5rRO.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946828115184947382/c:line.svg)

**Related Topics**
[perpetuals](/topic/perpetuals)
[krypt](/topic/krypt)

[Post Link](https://x.com/DanielAgaba20/status/1946828115184947382)