Post
Topic
Board Trading Discussion
Re: Do Not Lose Everything Youve Gained in One day, or One Trade
by
xSkylarx
on 30/10/2023, 04:32:53 UTC
The risk remains and there could be some ways to lessen the risk but it's gonna stay there as you've said.
But unfortunately, many new traders seem to ignore this and it will actually increase the risks. Sometimes, they even ignore the risks because they feel very confident that they will get high profits from what they place when doing future trading. In fact, future trading will never be free from risk. And honestly, it is quite difficult to minimize risk, especially if we still don't really understand the various appropriate strategies when trading.
It's for them to experience that, if they're not going to notice the risk that they will take, it could pay them a lot.
Those that are not used to futures much better not to get involved on it. Or if they want to try, just do it as if you're gonna lose the money no matter what happens.

Spot and futures trading both have risks. In the futures you'll need more knowledge compared to the spot but that doesn't mean that spot trading is easy because as others said buy low sell high but without any knowledge you'll lose. Also in the futures even if you have the fundamentals like a learning indicator you still do not have a 100% winning percentage so both of them have risks and only to lessen them with experience and knowledge.