Post
Topic
Board Trading Discussion
Re: Is it advisable as a starter to engage in future trade?
by
coinerer
on 15/09/2022, 16:48:23 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?

Future trading is to risky if you are not used for it and you don't have enough knowledge and experince in using future trading especially for beginners. There is a huge possibility that you will lose all your capital if you can't handle it. Much better to learn first and try to trade in spot trading.
It will depend mainly on the trading experience. If a trader is good at spot trading then he can do futures trading. But experts always say to avoid it. When a trader loses a large amount in a short period of time, a different behavior can be observed within that trader. There are many people who get liquidated by trading futures. However, before doing this, a trader should understand futures trading well ‍especially it's negative effects.