Quote from: Fivestar4everMVP on October 25, 2023, 02:54:11 PM

it is very important to be most careful while day trading when volatility is high, just as it has been in a few days now, this is specially for those who trade the futures market, trading futures is 10x more risky than trading spot, in futures trading, a simple miscalculation or failure to use proper risk management could lead to you being liquidated and all the money invested gone in a twinkle of an eye.

The future market is indeed very high risk, in any market conditions. Especially if there is news sensitivity which causes price volatility to become higher or the market changes drastically. Trading in the Future market could be said to be not for everyone. In fact, only traders who have truly prepared themselves with emotional maturity, understanding, insight, analysis, strategy and experience will probably have much better results. This alone does not mean that they are exempt from those risks. But usually, they already have several plans if the market changes direction, there are several techniques they can apply. Meanwhile, for newbies who don't really understand this, they might only think of a 1-way market, which when its volatility changes, it looks like it will end because of reduced liquidity.

On the other hand, trading in spot may be less risky in the future. but then again, nothing will be zero-risk. Everything is at risk, it just depends on how much risk we can take, and how prepared we are to minimize that risk. In spot, maybe this is not as risky as the future market, because after all, we ourselves can regulate the prices we set, especially for short terms, if they are not hype coins which might turn to dust quickly, this will be safer if one day the market changes drastically just just wait, or do it with SL/CL.