Quote from: EarnOnVictor on Today at 04:32:01 PM

Quote from: DegenLite on July 15, 2024, 07:24:02 PM

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.
Have you guys ever felt like quitting futures or just trading in general?

You can say that again but the truth will always be that trading and gambling are not the same thing even if it's a thin line of difference. However, it is possible you gamble in trading which is one of its differences and as a matter of fact, most traders are gambling doing it, so who do we blame trading? Like what you've explained above, you can know yourself that it's the fact of many traders, "you don't bite more than what you can shew." Trading is vast and technical, it needs you both mentally and skillfully, but many do not possess the skills not to mention having the mental capacity that will be able to carry it through.

Any trader still trading and losing but continues with a short time frame is a self-deceiver, why can't such move to the higher timeframe and try other more stable styles? And in my experience, those traders with long-term interests are better ones. But still, they need to work on their aggression towards the market and must make sure they start with low risk and proper management until they are experienced and smart enough to increase it. Sadly, most people do the opposite.

Trading could really be turned out to be as gambling on the moment or time that you would really be making up positions without any basis or simply making up positions without having analysis on which it would really be just that as good on calling it a gambling. We do know that this isnt something that should really be having such approach on doing trading. When dealing up with futures then it cant be denied that this could really be that similar to gambling on which the risks is really that high if we do compare it out to spot but somehow you could really be still having that kind of upperhand if you do really know on what you are doing when it comes to positioning
or on the moment that you would really be making entries and exits on which its been applied with some analysis rather than on having that with pure guess. On the moment that you do have those kind of feelings about being a gambling thing then better take a break and reassess on how you would gonna deal with it.

If you cant be able to bare up with the risks then better stick to spot and never look back on futures but well we do know that there are people who are really that risk takers
despite on dealing up with trading but still they are really that proceeding on dealing up with futures despite of that high risks. It would really be always depending into someones choice
and preference in the end of the day.