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.
Some people prefer to go into future trading just because of the high reward in it, but they don’t even think about the risk involve in it. Am always suprise when I see even newbies trading future trading, people that are still learning, and they are suppose to be in spot trading, but they also are after high profits, and they decide to go for future trading which doesn’t make sense.
Someone just lost $100 million, that’s really a huge amount of money, anyone that will be confident enough to trade with that amount of money, then you will know that the person have been in trading for long time, but as we can see, the person still lose that amount of money, so we are suppose to know that future trading is so risky, and we should try and avoid it if we can. If you want to trade just focus on spot trading, you can make money from there also, and if you are involving yourself in future trading, then make sure you are using low leverage.