Post
Topic
Board Trading Discussion
Re: Futures Trading: Tool for Balance or High-Stakes Game?
by
gunhell16
on 13/12/2024, 08:15:23 UTC
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.