When I was the Head of the Portfolio Management I needed to instruct my traders on level of leverage they can take to open the Perp/Futures position or hedging through Decentralized lending protocol. So to simplify their decision-making process I wrote down the simple guide to leverage management with 2 important levels: Initial leverage and a Risk limit, the level you need to start acting and reassessing your position. Leverage can be a powerful tool for maximizing returns, but it comes with...