Post
Topic
Board Trading Discussion
Re: Why Beginners Should Not Go For Future Trading?
by
zaki12
on 15/04/2023, 18:57:59 UTC
I think the most important thing for beginners is Money management, because it is one of the keys in trading both futures and spot. This includes the ability to organize and manage owned capital, such as determining the size of trading positions and limiting possible losses. Strategy is also very important in trading, namely how to make decisions in dealing with situations that arise in the market. Strategy may include technical and fundamental analysis, or it may be a combination of the two.

Patience is also important in trading, as it is not always easy to wait for the right opportunity to trade. In making decisions, emotional control is also needed, because decisions taken emotionally can result in big losses. Risk control is also an important key in trading, because the market is always at risk and can change at any time.

If a beginner can manage all these aspects well then they can explore future and spot trading with more confidence. However, as previously mentioned, knowledge of the market is also very important. Beginners should learn about the basics of trading, market terminology and understand how the market operates.

Finally, it is also important to remember that trading always involves risk, and there is no guarantee that one will always make a profit. Therefore, a trader must always update his knowledge and follow market developments continuously to increase the chances of success and minimize the risk of losses.