Quote from: SquirrelJulietGarden on August 30, 2023, 01:14:19 AM

Great, Binance Futures, how many times were you killed /liquidated by Binance?

Trading is risky enough to avoid but Margin and especially Futures trading are more risky trading types. You can luckily to get profit with Margin and Futures trading and think you are genius but in a long run, one or few liquidations from Binance will take most of your capital away.

I experienced with Spot, Margin and Futures trading types and my advice for newbies, don't touch Margin and Futures Trading.

If we constantly avoid risk, how can we be able to grow or earn a profit? Yeah, trading is risky but according to what I witnessed, a lot of people are still curious about it and they actually tried it. Not only all are successful though, but at least they already figured out that trading is not for them. If it's our first time trying margin and futures, maybe it's mostly luck that helps us to win so better to not be overconfident.

It's always recommended to put only the capital that we can afford to lose in any risky activity that we do (be it gambling, investing, and trading). For newbies, maybe they need to start on the easiest first and they should only touch margin and futures after building enough experience.