Quote from: gunhell16 on December 13, 2024, 08:15:23 AM

Quote from: JeffBrad12 on December 13, 2024, 03:18:06 AM

for me it's a good tool, for taking advantage of the resistance and support.

we all know that whenever prices hits support or resistance, it always bounced back for the first time, I took advantage of it using high leverage trading in which otherwise become meaningless trade because the bounce probably just 1-2% but with leveraged high trade, I can turn it to 100% profit. of course there's risk management.

I usually only bet using $15 as my margin and proper TP/SL, future trading is a powerful tool if you want to make quick bucks, as long as you know how to do it. it becomes problematic if you use really high leverage for long term, because market like to create wick.

Its a good tool if we are aware of what we can face in futures trading, we may be able to get quick bucks but we can also quickly lose our funds if the analysis we do in the trading activity is wrong. We know how high the risk is in futures.

Many people have tried futures with extensive knowledge but they also cried in the end because of the completely wrong technical analysis they did in the actual trading they did.

My thoughts exactly, while it's a good tool it's also quite risky. Futures on a normal day is quite risky and with a high leverage, it's even higher and you can ask 10 people and 8 will advice against doing this. If it was for guaranteed gain or minimized risk then it would have been understandable but it's not everytime you get to see a futures subsidy https://www.bitget.com/support/articles/12560603819591. So the risk is high overall