Post
Topic
Board Trading Discussion
Re: If i have 1k how to trade future
by
tygeade
on 02/12/2023, 17:18:05 UTC
In my opinion, it's best for OP or us, if possible, to stay away from futures trading altogether, don't even try it even if we are experienced people in the market. Because even if you are a holder or spot trader but have never participated in futures trading, you do not have any experience with it. The risks are still huge for anyone participating in futures trading, whether newbies or old in the market.

Futures trading is no different from gambling, it is no longer a form of investment like holding and spot trading, so it is best to limit participation in them. Honestly, I've never seen anyone get rich from futures trading, have you seen anyone?
That's the point  for the newbies, don't get me wrong I am not saying nobody should do futures, but if you are not expert at spot trading then you should not be trading at futures neither, it will not give you any benefit. The trouble at futures is that you could lose 100% of your entered amount, with just one bad movement and it's all gone and you should stay away from that as much as you possibly could.

I understand that it may not sound all that possible to people, like how could you be that wrong, but yeah it's the reality at futures. This is why it's much better if people could just avoid futures until they are already making so much at spot trading that they are just looking for a way to increase that and spot isn't enough anymore.