Quote from: wxa7115 on Today at 03:24:30 AM

Quote from: lixer on July 12, 2023, 05:22:10 PM

One can simply not hold if they are trading in futures, they will either get profit or get liquidated if the market moves in the opposite direction based on what leverage they have selected for their trade, so it's obviously not easy to get 10x in futures trading, even the ones who are experts of the market tend to lose money when it comes to short futures trading because it is very difficult to perfectly time the market in these kind of situations.

Futures trading is basically not for users who have no knowledge or experience at all, newbies need to stay away from futures trading because they will easily lose all their capital in no time if they just get influenced and start trading futures so that they get a lot of profit in a short period of time.

It could be argued that even good traders need to stay away from futures trading, and this is because the risk taken is simply too high, one of the ways traders have to protect themselves and the capital on their accounts is by using a tight stop loss and by using a small position size when they trade.

But futures trading compounds the risk you are taking many times over by forcing you to reduce those safety measures, and when combined with the extreme volatility we see on the markets a single bad trade can be enough to get your account liquidated, and this means the margin of error while trading in this way is minimal.

in futures trading requires maximum skill, considering this is not allowed to try, or we will regret it later. gradual learning, discipline, and qualified psychology must be applied. therefore it is difficult for us to immediately jump into this trade without learning first. it's different with long-term investments where we choose bitcoin to invest, just waiting for the bull run to come, even if you have minimal knowledge it will be safe to invest, as long as you can hold it