After some people watch videos on YouTube, and they give it a trial and they win, they will start thinking they are already professional traders, until trading humbles them. You can only learn basics on YouTube, before you understand trading better, then you will have to put it into practice, and constant learning.

As a beginner, why will you even start with future trading? Or why will you even start trading with so much amount of money? As a beginner, you should start with spot trading, if you keep on understanding the system, then you can decide to start trading futures also, but some professional traders doesn’t involve themselves in future trading because of the risk involve in it.

Making use of stop loss is really nice, but not everyone prefers making use of it, some people prefer they monitor the market themselves, because some do complain that after the stop loss have been hit, the market do always bounce back, so they don’t make use of it.