Quote from: Adbitco on Today at 03:16:33 PM

Quote from: Oshosondy on December 10, 2022, 08:45:45 AM

Quote from: Adbitco on December 09, 2022, 01:43:35 PM

One thing they forget about is that before going into such decision of trading in future they should be ready to accept what may comes of it.

This sounds more like you are talking about gambling. Newbie traders are not traders though if they do not follow the rules and strategies and if they are full of emotion without no risk management. What is most important in trading that newbie traders fails to understand is that risk management is very important, traders have to reduce their risk, looking for less profit rather than focusing on higher leverage.

Quote from: Adbitco on December 09, 2022, 01:43:35 PM

Do you think trading bots are 100 percent correct or right?

There is nothing that is 100% correct in trading, only a strategy that bring patience and low risky trading is what is more correct. Even indicators can fail.

Quote from: Ararbermas on December 09, 2022, 03:40:31 PM

Risk management and skills is the most important things specially in futures trading, wherein reason mostly fails and blown their money because they take all the risk on their own way not the real way of trading.

Exactly, risk management is very important, but it is easily said than done.

Actually it most not be gambling before they could lose money, from my understanding trading is more or less of a gambling because one thing for sure is that you must lost money most especially future trading. Just of few days ago a friend of mine whom i know too well lost money and he claims to be too good with trading and yet i have been warning him not to trade, though he makes profits but the risk over it is more than his profits.

The risks in trading are manageable and bearable if we understand how the market moves and we're fully aware of how to deal with the volatility of cryptocurrency. Trading in futures is a challenging thing and it will surely be more like gambling if you aren't familiar with it. Honestly, it will take time for you to learn everything and for you to you fully understand it. If you're a beginner, you'll surely end up having big losses if you couldn't apply any effective strategy to succeed futures. It requires knowledge and a series of research.