Post
Topic
Board Trading Discussion
Re: Is it advisable as a starter to engage in future trade?
by
Davidvictorson
on 03/09/2022, 17:23:31 UTC
When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?
The term I want to highlight is word new trader. My advice is yes and No. Yes, it you are at least 50% confident in yourself. However wisdom demands that you do not jump right into it. You can start out first using simulators for a couple of months. Watch how much profit you make and how much loss you incur. Once you feel you are getting the hang of it then you can do the real deal. Start out first will small amounts before going big. And No, if you feel you do it because you see other traders doing it and making it big. And you think it will be the shortest cut to massive profits.