Quote from: pawanjain on Today at 02:29:30 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?

Would you have given half of your profits to the exchange in case you have made profits instead of losses?
If not then you should pay your losses as well. Futures is definitely a difficult way to make money for beginners but for the experienced traders its a gold mine.
I believe one should only opt for futures trading when they are making good amount of money in spot trading.

Futures trading and going into high leverage is like suicidal if you're not an experienced one.