Quote from: uchegod-21 on July 19, 2024, 05:25:14 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?

It is not only about features trading, but also spot trading has some characteristics of gambling but futures is more connected to gambling. Why I will not associate spot trading to gambling is because you have to make some analysis, understand the chart and more, but if you do not know how to trade and decides to trade spot, you are just gambling.

Trading futures to me has much to do with lucky than skills. No matter how skilful you are, you are prone to lossing your money in futures. I'll advice you to quit if you don't know what you are doing, but don't quit if you know what you are doing.

If you do make out some comparison then you could really be able to tell on which one is more risky whether spot or futures on which this one is really that obvious on this case. Spot could really be that become a gambling on the moment or time that you wont really be putting any analysis into your positions on which we know that this one would really be that mainly needed or crucial. This is why it would really be that best that on the moment that you engaged with trading and if you are still that a noob then you should be that starting with spot trading and later with futures on which this is far more riskier and more harder due to that easy being liquidated depending on the leverage that had been set.You would really be able to feel up that futures trading is gambling specially on the time or moment that you do set high leverage.

Its important that to deal up with things which is less riskier and as a noob then you would really be that normally be that prone into tons of mistakes. So it would be sensible
that you would be sticking into those which are more simpler and on the moment that you do find yourself having that good grasps with spot then this is the time that you would be considering
on trying up futures and on this way then you could really be able to test yourself if you would be doing good or not.