Quote from: Charles-Tim on June 03, 2025, 08:45:06 AM

Quote from: Olamidetechie on June 03, 2025, 07:36:10 AM

Losing $1 Million on $BTC future

You have not edited the topic title to $100 million. The man lost $100 million and not $1 million.

Also I think a topic similar to this has been created before but I was not able to find it.

It is good to avoid using leverage which is the lesson that this trader losses taught us. Leverage has been what cause setback for many people.

Futures trading is the riskiest trading platform where can lose everything in an instant. This guy lost $100 million which we can't even imagine. We must learn from this that futures trading can take us down the road in an instant. The guy may have used high leverage due to which he lost $100 million very quickly. Let's push away the greed or passion of those of us who have the passion or greed to do futures trading.