Diversified Futures Paper Trading Setup: 5 Instruments, BalancedMicro Bitcoin FuturesCME:MBT1!binduinusaDetails / Description: Today, I set up a paper trading portfolio on TradingView using 5 instruments from different sectors/industries to practice diversification, risk management, and leverage. Strategy Highlights: Selected 1 instrument from each industry to reduce sector-specific risk. CME:MBT1! – Industrial / Metals CME_MINI:ES1! – S&P 500 Index CME_MINI:MNQ1! – Nasdaq 100 Index COMEX_MINI:MGC1! – Gold Mini Contract NYMEX:MCL1! – Crude Oil Mini Contract Used market orders for immediate entries. Set Take Profit and Stop Loss for each position with a rough 1:3 risk-reward ratio. Let positions run for the medium term (days to weeks) without constant monitoring. Margin and available funds carefully managed to ensure all positions can stay open safely. Purpose / Learning Goal: Practice portfolio diversification across different industries. Learn position sizing, risk-reward, and leverage management. Observe how unrealized and realized P/L evolve over time. Understand how stop losses and take profits help automate risk management. Next Steps: Monitor daily or via alerts, but avoid constant screen watching. Adjust future trades based on performance and market conditions.