8-Week Roadmap: Learning Binance Futures &
Options
Quick orientation
• Use the Binance Futures Testnet to practice without real money before trading live.
• Focus first on mechanics & risk control (long/short, leverage, margin, stop-loss) before any
strategy. Funding payments exist for perpetuals — learn how they work early.
Week 0 — Setup & Safety
• Secure accounts: enable 2FA, strong passwords, withdraw/transfer rules.
• Create a Binance Futures Testnet account and get familiar with the interface.
• Deliverable: Logged into testnet, 2FA enabled on production account.
Week 1 — Core concepts: Spot vs Futures vs Options
• Understand derivative, futures, options, long/short, leverage, margin, mark price, liquidation.
• Exercise: On testnet, open a tiny 1x long on a perpetual and then close it.
• Deliverable: Able to explain long/short and perpetual contracts.
Week 2 — Orders, position mechanics & fees
• Learn order types: market, limit, stop, reduce-only, isolated vs cross margin.
• Understand funding fees in perpetual futures.
• Exercise: Place limit and stop orders on testnet.
• Deliverable: Confidently place and cancel every order type on testnet.
Week 3 — Basic risk management & position sizing
• Learn position sizing rules, stop-loss placement, max leverage rules, liquidation.
• Exercise: Simulate 10 trades on testnet using fixed % risk.
• Deliverable: A written risk plan.
Week 4 — Practice: open/close, margin transfers, partial closes
• Practice opening longs/shorts, partial closes, moving stop-losses, using take-profit orders.
• Exercise: Execute 5 scenario trades on testnet.
• Deliverable: Trade journal with 10 practiced scenarios.
Week 5 — Intro to Options: calls/puts and simple strategies
• Learn option basics: call/put, strike, premium, expiry, ITM/ATM/OTM.
• Study simple strategies: single call/put, covered call, protective put.
• Exercise: Simulate covered-call and protective-put trades.
• Deliverable: One simulated options trade.
Week 6 — The Greeks & implied volatility
• Learn Delta, Gamma, Theta, Vega.
• Exercise: For one option, observe price changes with time decay and volatility.
• Deliverable: A short note explaining Delta, Theta, Vega impact.
Week 7 — Multi-leg strategies, spreads & hedging
• Learn spreads (bull call/bear put), straddles, strangles, calendar spreads.
• Exercise: Simulate a vertical spread and note payoff.
• Deliverable: A simulated trade using a spread with payoff diagram.
Week 8 — Backtesting, journal & go-live checklist
• Backtest simple rules (e.g., RSI-based entries).
• Create a trading journal template.
• Go-live checklist: small size, low leverage, stop-loss always, withdraw profits.
• Deliverable: Published trading plan and (optional) first small real trade.
Continuous Practices (Ongoing)
• Weekly: review trade journal (wins/losses, edge).
• Monthly: review metrics — win rate, average R, max drawdown.
• Keep an eye on funding rates & open interest for coins you trade.
Short Checklist Before Any Live Futures/Options Trade
• 2FA & account security enabled.
• Know max risk per trade and position size.
• Use stop-loss and take-profit.
• Check funding rate & expiry.
• For options: know max loss, delta exposure, margin requirements.
