Hello everyone, i want to start future trading and it is not actually my first time trading, but i have not really made anything from it and have wasted more than $2k on it. I went for classes and even took courses, but still not really getting what i should get in trading. I love SHORT alots and i do look for coins that just got listed so when people start dumping it i can start shorting, but most times it would end up going against me, what can i do now that i am back to trading? And also as a starter here is it possible to get merits?
You are just a newbie in the market, and you are trading futures already, it's like shooting yourself on your foot, you claimed that you have already lost $2k, and you are still contemplating going after something that is going to liquidate you the more, well you have still not learn because $2k is nothing to you, but I believe that when you have lost an amount of money you can't afford to lose, you will definitely learn the hard way.
Looking at all what you said, it shows that you are still at a newbie level, the best place you should be utilizing is the spot market, which is buying and holding, when it appreciate in value you sell for a profit, not this that you are doing right now.
With time you can venture into trading futures when you have acquire more knowledge on technical and fundamental analysis, and how to control your emotions when in trade, because as for now, I don't think you are ready futures trading, or are you not tired of losing?
Till you are tired of losing, you wouldn't understand what am actually saying right now.