Statistics show that about 95% of traders lose money, and using leverage only increases the risk of losing your entire deposit. While high leverage offers the potential for big gains, in reality, it often leads to rapid losses. Most traders overestimate their abilities, and the market is unforgiving to those who take excessive risks.
Losing money in Futures trading is more painful than losing money when playing slot gambling.
Because losing money in futures is so fast if we don't do a Stop loss because day by day we see our assets being drained with a very strong decline.
However, it is different from losing money when playing slots because we can enjoy the pleasure we get when playing slots. In slots we can achieve big wins if we get lucky when playing slot gambling.
Moreover, there is a notification to the email that the asset has been liquidated, even more painful, while most people play gambling for fun so they are ready to lose money, in contrast to futures trading it is clear that they want to make a big profit by using high leverage.
Slot game winnings only rely on luck, while futures trading requires skill.
But for me gambling games are only for fun with small funds.
Yeah if you bet until it hurts you are not having fun .
I play small on long shots when I play.