Quote from: posi on September 05, 2022, 03:57:46 PM

Quote from: minime0105 on September 04, 2022, 11:51:06 AM

Quote from: Desmong on September 03, 2022, 10:32:55 PM

Quote from: Nyben on August 23, 2022, 01:53:13 AM

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?

Don't attempt to go for future trade if you don't know how it works. Trading is very risky and you should know that it all require skill of how the trading world works. Trading is very difficult if you have not traded before so you need to gain skill on how to trade if not, you might end up losing all you funds mistakenly without the help of a pro trader to put you through how the market works. Get the skill so your risk can be minimal.

Why i will support that someone who is a beginner in trading should not go into future trading is that future trading required a higher risk and some one who never master trading is not supposed to rush to future trading after experiencing loss it will make some people to dress back in trading thinking that trading is all about lost. It's good for someone to learn well and understand the future of trading before going into it.

It is not recommended that even those who have experience in the market engage in futures trading as it is an extremely risky market. To make a profit from trading futures contracts requires you to have a lot of knowledge, skills, experience and one more thing, to accept the risks that it brings.

As a newbie you should use spot trading to get started, don't try to be curious or try a bit with futures trading, it brings no benefit to newbies, other than fear.

Good advice to take a risk-free decision if you are a beginner. you have to think about it for the losses that you will later feel. everyone who was already in the circle had already felt the loss they might incur.