Post
Topic
Board Trading Discussion
Re: Is it advisable as a starter to engage in future trade?
by
ScamViruS
on 03/09/2022, 15:40:51 UTC
The time that you should consider yourself on touching up futures is on the time that you've been trading up for too long or do have sufficient knowledge and skills towards the market because you cant able to bare

up the risk involved and you would just definitely be burning up your money in fast pace manner and its never been suggestable that you should touch up futures when you are just starting up
on doing trading.You might able to make money at first but on longer run you would able to realize that it wasnt really be that easy.

Get yourself to be effective on spot trading first before tending to jump into other types of trading.

I know a few people who made huge profits from trading futures that made them think of themselves as experts. But it didn't take long for them to lose this rhythm, when the bear market started, they got so confused that they lost all their profits through futures trading again.

So the futures market is a place for experts, short-term profit can be made here with little knowledge, but if there is no proper market knowledge and knowledge of money management, it will not take long for that trader to lose all his funds.