Post
Topic
Board Trading Discussion
Re: Trading Journey
by
Oshosondy
on 01/11/2024, 17:29:43 UTC
What kind of trader are you? Bitcoin trader or you also go for some altcoins?

For the rest, a small reminder from my side to my fellows to be careful with the future (I strongly discourage futures trading/leveraged trading).
I can understand the reason why you discourage people. Because they can use high leverage and get liquidated at anytime. That is true because I remember when I started future trading, high leverage taught me lesson. The only problem that make money from future trading are people that are very patient. Using low leverage is very important.

Futures trading is indeed challenging. I mean mixed emotions every situation experienced between getting profit and losing because the price drops far.
But do you know that if the price increase far, it is a loss for people that go short position?