Futures trading almost feels like gambling sometimes
Futures trading almost feels like gambling sometimes
I just came here to post on here after just losing money on a futures trade lmao, futures can be hard when you don’t really know what you are doing. naive me went for a high leverage instead of just 2x. screw all these useless events events exchanges do, they should genuinely have an event for foolish traders that lose their money. Even if they don’t give me my money back they should give me half lmaoooo, I promise I won’t do futures anymore.
Have you guys ever felt like quitting futures or just trading in general?
It’s really gambling, especially if you’re studying futures trading. I’ve been here for a few years in the crypto space; I’ve only been doing more on the spot most of the time, and I’m not ashamed that I’ve been here for a few years now. I am starting to learn futures trading.
Although, even though I already have knowledge in trading, the futures spot is still different because the earnings in futures trade are really based on the analysis you will do, you should always know the basics of futures trading; it is very important or otherwise our fund will be really vulnerable. We can’t be careless here. As much as possible, let’s value our time while we learn about futures trading.
Traders are the ones that profited from your money and not the exchange. The exchange make profit from trading fee. But the higher the leverage, the higher the money you will use to trade, the higher the trading fee that would be deducted by the exchange but the higher the risk of losing, despite that the higher can be your profit.