Post
Topic
Board Trading Discussion
Re: Day trading
by
Silberman
on 14/10/2022, 02:14:56 UTC
trading on a daily basis is actually very good to do in futures trading, because we can adjust the volume and level of profit,
If you are not a professional yet, avoid future trading, I know their is money in future trading which always push people into it, but you can lose all your money just within few minutes, you can easily get liquidated that's why I don't really advice people to trade futures. If you are in sport trading, if a coin dumps it will definitely recover if you can hold it, most expecially if you are trading bitcoin, but in future trading, when the price gets to liquidation price, you will be liquidated and all your funds are gone. We shouldn't always think about the high profits alone, but we should also think about the risk. I always advice newbies to avoid future trading or they might endup losing all their start up capital.
I think we can even argue that the first thing we must think about is the risk we are incurring, the markets as we know move in cycles so as long as you can survive with most of your capital intact when the cycle is not in our favor then you can reap huge profits when the market finally begins to pump, so trying to force things out when the conditions are not there is a big mistake, which explains why so many people which try to trade futures lose their money so rapidly.