Quote from: Jody.Drummer on July 29, 2024, 03:50:04 PM

Quote from: SOKO-DEKE on July 27, 2024, 07:19:38 PM

Quote from: RockBell on July 25, 2024, 09:34:07 PM

Everyone have their choice of what they want to do exactly, if you have an understanding about futures then go ahead, similar action with futures it is either you understand it or not you losing money is a constant k so the moment you choose futures over spot you should have gotten a highlight of what it will feel like and you should be ready to lose because when you short and the market goes long then it’s a loss

Yes, everyone has their own choice to do whatever they want, whether it’s spot trading or futures trading. However, the truth is that traders who have gained experience in these types of trading and understand the risks involved need to inform and warn some newbies who may be interested in trading futures or spot trading. They should help others know which type of trading is suitable for them, making it clear that futures trading involves more risk than spot trading. But one thing is certain, in any type of trading, if someone is aware of the risks and has proper knowledge, they are less likely to lose money compared to those who lack that knowledge. Even though futures trading is risky, there are still people who make money from it.

In everything, one of the important things is to be aware of every risk that we will bear. In spot trading, for example, we must know that we must be patient in waiting for a reversal when the market experiences a correction that reduces our money in the portfolio, because if we are impatient and have a sense of panic, we may sell the assets we have even at a loss.

In future trading, it is different again, because every minute or even second the movement of market prices will have an impact on our money, which will certainly cause tension, especially when we experience a loss because if the price continues to be depressed, we will lose our money at that time. So knowledge of risk must be a basic thing that we know, after that we must also learn about risk management that we can apply when trading.

Know the risks involved or simply on the thing that you've been dealing on with, so that you wont really be finding yourself to be that too impulsive when shit things happen. There are really indeed conditions or situations on which you would really be making you that panic on the time or moment that you hadnt expect such condition. It would really be that just depending on how you would be handling yourself towards this market.
Trading could really be that like gambling on the time that you wont really be putting up some analysis because the main key on here is on how you would really be making yourself sustain this unpredictable space.
You cant really just make out some positions without any basis because that would really be considered as total gambling. We do know that it will really be needing up those applications of technicals and fundamentals.

For futures then anything which is really that reaching 20-100x is really that considered gambling or even lets say about 50 or more then this isnt something that could be able to bare up with the risks.
So it would really be just that on personal choice on which one you would really be able to find yourself that able to survive this unpredictable space.