I just came here to post on here after just losing money on a futures trade lmao, futures can be hard when you don't really know what you are doing. naive me went for a high leverage instead of just 2x. screw all these useless events events exchanges do, they should genuinely have an event for foolish traders that lose their money. Even if they don't give me my money back they should give me half lmaoooo, I promise I won't do futures anymore.
Exchanges will not lose money because they are not designed for that and what you are doing is using high leverage so that in the opposite case your trade loses momentum. The exchange profits from trading fees while you profit from profitable trades. If your futures trading skills are not good then you should not do it because it is quite risky.
I prefer spot trading because there are not many risks that need to be considered because here the most important thing is to buy at a low price and sell at a high price. It's simple, even though the profits are not too big, but we can take advantage of the downturn to buy it.
Have you guys ever felt like quitting futures or just trading in general?
That's why you have to recognize the right type of trading and if futures trading is considered more like gambling then use the spot trading type. This type of trading is much safer for anyone to do because the risk is much smaller than the risk of futures trading.