Futures Trading is not for everyone - page 3.

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Quote from: Issa56 on August 04, 2022, 11:17:36 AM

Quote from: blockman on August 02, 2022, 06:41:25 PM

That's right, they think that everything related to cryptocurrency is easy. Well, I'll say that it's fairly easy if you just want to hold but the emotions after watching the market, that's where everything is going to start. They'll think that it's the end of the world with a 5% drop on a daily basis and what's more if they happen to get into the bear market on 2018. Where the majority of cryptocurrencies were down and everyone think that there's no hope instead of taking that opportunity of buying.

The orientation some newbies always have is really bad, they don't believe they can lose money, they think cryptocurrency is just a place where you will invest your money and in few hour's or day's your money will have been doubled that's why most of them easily get scammed by scammers.
I was having a contact on my phone which always post on his whatsapp status about future trading, he claim he will teach newbies how to make money from future trading without losing, he always post videos of his win on his whatsapp status and never posted any video that he lose, I know the guy is definitely a scammer, because I don't think their is anyway you will trade and you won't lose sometimes. Those are the kind of users that deceive newbies and will make them believe in Cryptocurrency they will never lose money.

For a person who do have their own will then it would really be just common sense that you should really make yourself be wary even with the most basic thing.It is really just people do really let themselves

look like a fool even though it would really be just sensible that you should be wary on how reality works and how it should be done but due to greed and misconception about being profitable neither spot
or futures via seeing those people who do earn big percentage then this is where it results that they might be rushing up themselves on getting involvement without even thinking or minding
the risk which is really a very careless act to be done and most of the time they would eventually learn when they had already messed up everything.

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Future trading is consider as the crude oil of crypto trading. Its sophisticated to understand but if one go through the right and reliable PDF, which will simplify it to it's understandable means and interpret it to Newbies. Future trading required one to Know the basis of it's section like the Margin, Leverage and know your take profits and stop loss. When you Said future trading is not for everyone, I fully agree with you because not everyone would calm their mind and pay undivided attention to trade, they prefer to be distracted and loss Money.

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Quote from: blockman on August 02, 2022, 06:41:25 PM

That's right, they think that everything related to cryptocurrency is easy. Well, I'll say that it's fairly easy if you just want to hold but the emotions after watching the market, that's where everything is going to start. They'll think that it's the end of the world with a 5% drop on a daily basis and what's more if they happen to get into the bear market on 2018. Where the majority of cryptocurrencies were down and everyone think that there's no hope instead of taking that opportunity of buying.

The orientation some newbies always have is really bad, they don't believe they can lose money, they think cryptocurrency is just a place where you will invest your money and in few hour's or day's your money will have been doubled that's why most of them easily get scammed by scammers.
I was having a contact on my phone which always post on his whatsapp status about future trading, he claim he will teach newbies how to make money from future trading without losing, he always post videos of his win on his whatsapp status and never posted any video that he lose, I know the guy is definitely a scammer, because I don't think their is anyway you will trade and you won't lose sometimes. Those are the kind of users that deceive newbies and will make them believe in Cryptocurrency they will never lose money.

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Quote from: $crypto$ on August 02, 2022, 11:19:12 AM

Futures trading does have to be ready for everything, including the risk of losing my own money. I don't always trade futures but only occasionally when I'm ready but indeed many people have benefited a lot from futures trading that they have probably done every day.

But for beginners, you really have to start from spot trading because it minimizes losses so that they can understand to hold and sell when they go up, even though this is a simple thing but it must be done correctly and correctly.

But futures trading has strong adrenaline if we already know from the skill.

I do agree that futures is not for everyone, but it is certainly not impossible to handle neither. I do agree that there are a ton of people who turned their small amount of money into a huge amount of money because they had the courage to make a profit from the leverages. If you have a small amount, it is better to do leverage because it means you will act as if you have a lot, but if you lose even just a bit, you will lose it all.

So, the risk you are taking is huge, but the profit you would take is huge as well and you better have a decision about those two before you get in. If I make a ton of profit with a huge bull run then I may consider it.

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Quote from: Oneandpure on August 03, 2022, 01:30:29 PM

Quote from: harizen on August 02, 2022, 06:52:48 PM

Futures might not be for everyone but your mistake here is your mindset. You consider yourself a professional trader already with that experience.

Can you define pro-trader? How do you look at it to the point that it's become your thought to yourself?

Just simple advice too, obviously if a person wants to try something, they need to do their homework first to somehow gives them a brief introduction on what they will expect on doing Futures. After that, they need to experience it for real to know how things work there and to feel the pressure.

More importantly, don't ever expect that it's always a win. Losing is normal in the first trial and it really happened most of the time.

I think on future trading not know about how expert and professional you are because we can't predicting about whales coming and gone, some time when open with short position have prepare with good news and all altcoin or bitcoin going up, but when bad news coming drastically bitcoin or altcoin price drop but after got notification liquid on email price back to recovery suddenly. I have been quit from Future trading and I think there are not matter how expert when analyzing keep not worth when trying with future trading. If you can controlling with stop loss not really bad for active on future trading.

Future trading is always risky. It can Liquidated your money any time. But must keep your eyes on market conditions and Daily Market news and bitcoin news. And you shouldn’t take more then 5x Leverage. if you do that then you can lost your money in a few minute or if market go ahead to your target then you can get more then 2x in a few minute. It is full of gambling. so i don’t think future trading is for everyone.

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Quote from: harizen on August 02, 2022, 06:52:48 PM

Futures might not be for everyone but your mistake here is your mindset. You consider yourself a professional trader already with that experience.

Can you define pro-trader? How do you look at it to the point that it's become your thought to yourself?

Just simple advice too, obviously if a person wants to try something, they need to do their homework first to somehow gives them a brief introduction on what they will expect on doing Futures. After that, they need to experience it for real to know how things work there and to feel the pressure.

More importantly, don't ever expect that it's always a win. Losing is normal in the first trial and it really happened most of the time.

I think on future trading not know about how expert and professional you are because we can't predicting about whales coming and gone, some time when open with short position have prepare with good news and all altcoin or bitcoin going up, but when bad news coming drastically bitcoin or altcoin price drop but after got notification liquid on email price back to recovery suddenly. I have been quit from Future trading and I think there are not matter how expert when analyzing keep not worth when trying with future trading. If you can controlling with stop loss not really bad for active on future trading.

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Quote from: Outhue on July 29, 2022, 04:57:01 AM

If you are a crypto trader using spot I advice you should stick with it till you become a professional trader, just because you start futures and win three rounds of short or long buys doesn't mean you are officially a pro trader....

I thought I was a pro coming from spot trading, I used 300$ which I planned to use to DCA into a project but a man can dream, my first attempt was successful, which net me 50$ and the second was 100$, the third round was 40$ and I close the trade for the day...

On the second day I lost everything, I now officially accept that I am far from been a pro trader, at least that's what I thought 🤔.

Futures might not be for everyone but your mistake here is your mindset. You consider yourself a professional trader already with that experience.

Can you define pro-trader? How do you look at it to the point that it's become your thought to yourself?

Just simple advice too, obviously if a person wants to try something, they need to do their homework first to somehow gives them a brief introduction on what they will expect on doing Futures. After that, they need to experience it for real to know how things work there and to feel the pressure.

More importantly, don't ever expect that it's always a win. Losing is normal in the first trial and it really happened most of the time.

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Quote from: Issa56 on August 02, 2022, 04:04:54 PM

Most newbies don't really understand what cryptocurrency is all about they believe they can just easily make money once, that's why some of them always go for future trading. In future trading, it's kind of easy to make good profit even if you are trading with little capital, so they really want to make huge money, but in sport trading if you don't really have huge capital your profits won't be much and most of them want huge profits that's why they always go for future trading and most of them don't think about the risk in future trading.

That's right, they think that everything related to cryptocurrency is easy. Well, I'll say that it's fairly easy if you just want to hold but the emotions after watching the market, that's where everything is going to start. They'll think that it's the end of the world with a 5% drop on a daily basis and what's more if they happen to get into the bear market on 2018. Where the majority of cryptocurrencies were down and everyone think that there's no hope instead of taking that opportunity of buying.

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Quote from: Franctoshi on August 02, 2022, 06:15:40 PM

Quote from: Outhue on July 29, 2022, 04:57:01 AM

If you are a crypto trader using spot I advice you should stick with it till you become a professional trader, just because you start futures and win three rounds of short or long buys doesn't mean you are officially a pro trader....

I thought I was a pro coming from spot trading, I used 300$ which I planned to use to DCA into a project but a man can dream, my first attempt was successful, which net me 50$ and the second was 100$, the third round was 40$ and I close the trade for the day...

On the second day I lost everything, I now officially accept that I am far from been a pro trader, at least that's what I thought 🤔.

Future trading is for professionals traders , I said so because you need to understand the fundamental and technical analysis very well in order to profit, future trading is where a lot of market manipulation takes place. Before I start to profiting from the future market , it took me a lot of time and series of blown accounts, almost lost my life savings doing future trading, I was just gambling in the market with my heard ernd money. Though greediness equally played a major role even when I have some wins ,will still go back to placing a trade without proper market analysis, but today I can beat my chest that those things were part of experience and it helped me to knowing how to trade profitably.

Even pro's does have a hard time on getting a good hold on futures which mean sit wont be a solid thing to assure yourself on being profitable with futures but we know that being knowledgeable and does

have the skills would really be having the chance on getting profits compared to those who had none.When you are just new with trading then never ever consider on touching up futures.

Better stick with spot trading first and try to be profitable or having a good hold into it which it would really be that resulting to have a good trade record or simply being profitable.
Apply those knowledge in future but this would be totally different consider on timeframe and the pace on how movement been done.

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Quote from: Outhue on July 29, 2022, 04:57:01 AM

If you are a crypto trader using spot I advice you should stick with it till you become a professional trader, just because you start futures and win three rounds of short or long buys doesn't mean you are officially a pro trader....

I thought I was a pro coming from spot trading, I used 300$ which I planned to use to DCA into a project but a man can dream, my first attempt was successful, which net me 50$ and the second was 100$, the third round was 40$ and I close the trade for the day...

On the second day I lost everything, I now officially accept that I am far from been a pro trader, at least that's what I thought 🤔.

Future trading is for professionals traders , I said so because you need to understand the fundamental and technical analysis very well in order to profit, future trading is where a lot of market manipulation takes place. Before I start to profiting from the future market , it took me a lot of time and series of blown accounts, almost lost my life savings doing future trading, I was just gambling in the market with my heard ernd money. Though greediness equally played a major role even when I have some wins ,will still go back to placing a trade without proper market analysis, but today I can beat my chest that those things were part of experience and it helped me to knowing how to trade profitably.

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Quote from: Outhue on July 29, 2022, 04:57:01 AM

If you are a crypto trader using spot I advice you should stick with it till you become a professional trader, just because you start futures and win three rounds of short or long buys doesn't mean you are officially a pro trader....

I thought I was a pro coming from spot trading, I used 300$ which I planned to use to DCA into a project but a man can dream, my first attempt was successful, which net me 50$ and the second was 100$, the third round was 40$ and I close the trade for the day...

On the second day I lost everything, I now officially accept that I am far from been a pro trader, at least that's what I thought 🤔.

Practice might not make everything perfect but it will give you experience that can be useful for your future actions.

Although I agree that obviously, everyone should not mess up with the Future right away or just stick to the basic spot trading in the meantime, it's not wrong to test it a bit by bit. How can a trader learn Futures if there's no actual engagement on it as just reading basics and tutorials are not enough?

Quote from: Outhue on July 29, 2022, 04:57:01 AM

On the second day I lost everything, I now officially accept that I am far from been a pro trader, at least that's what I thought 🤔.

There's no perfect trade. Losing is part of the process.

Do you really think that every trades always lead to success and profits?

Just to remind you also that even professional traders are still losing. What you need to do is to maintain winning stats and your experience will teach you to form your own strategy since you will encounter lots of market trends along the way.

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Those who are completely newbies and don't understand crypto will trade Binary Options like Binomo, Quotex, Olymptrade etc and it carries a bigger risk. they just trade without having any understanding of how to get in and out, it's the same as gambling, just guessing the price will go down or up.
Futures trading can be done by everyone, but it is not suitable for everyone. There will be more losses than gains.
beginners are better off learning to trade in spot trading as everyone in this forum has said, but spot trading also has risks if you don't have analytical knowledge. Don't trade anything if you don't understand what you're trading.

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Quote from: $crypto$ on August 02, 2022, 11:19:12 AM

Futures trading does have to be ready for everything, including the risk of losing my own money. I don't always trade futures but only occasionally when I'm ready but indeed many people have benefited a lot from futures trading that they have probably done every day.

But for beginners, you really have to start from spot trading because it minimizes losses so that they can understand to hold and sell when they go up, even though this is a simple thing but it must be done correctly and correctly.

But futures trading has strong adrenaline if we already know from the skill.

Most newbies don't really understand what cryptocurrency is all about they believe they can just easily make money once, that's why some of them always go for future trading. In future trading, it's kind of easy to make good profit even if you are trading with little capital, so they really want to make huge money, but in sport trading if you don't really have huge capital your profits won't be much and most of them want huge profits that's why they always go for future trading and most of them don't think about the risk in future trading.

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Quote from: masulum on August 02, 2022, 03:25:39 PM

Quote from: $crypto$ on August 02, 2022, 11:19:12 AM

But futures trading has strong adrenaline if we already know from the skill.

Believe it or not, some newbies are attracted by the instant "profits" they see in groups and on social media. Someone shares profit 200x, 1000x, so he takes the risk to join futures trading. When they are loss because chart analysis mistake, it makes them think ing if trading is a scam, even though the real reason is they lack knowledge and are too confident to trade futures. They aren't thinking about skills first, they only thinking about profit and rich over night.

Cant really be denied off that we would easily react out whenever we do see easy profits on short span of time and since we dont really like to put up much effort then we would really be seeing futures trading profits to

look that interesting which means that you would really be definitely trying out to step your foot and rush yourself on doing it but on the time that you had lost your capital in a short span of time then this is where you

would really be realizing that this one isnt really something easy.You would really go back and stick with the basics or choosing up on using spot trade and never touch futures trading after that. Cheesy

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Quote from: $crypto$ on August 02, 2022, 11:19:12 AM

But futures trading has strong adrenaline if we already know from the skill.

Believe it or not, some newbies are attracted by the instant "profits" they see in groups and on social media. Someone shares profit 200x, 1000x, so he takes the risk to join futures trading. When they are loss because chart analysis mistake, it makes them think ing if trading is a scam, even though the real reason is they lack knowledge and are too confident to trade futures. They aren't thinking about skills first, they only thinking about profit and rich over night.

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Quote from: Issa56 on August 02, 2022, 10:55:25 AM

Some people are used to future trading and they are making their money from it. I don't really like future trading because I end up losing money, no matter the amount I make from future trading, I still endup wasting it their that's why I just stop trading futures. If you are a newbie and you want to start trading, I think is better you focus on stop trading because the risk is kind of low and you wont lose your money most expecially if you are trading bitcoin. In spot trading if you are in a trade and the price is down, the only thing you will have to do is to hold and wait for bounce back, but a future trader will start panicking because he won't want to get liquidated.

Futures trading does have to be ready for everything, including the risk of losing my own money. I don't always trade futures but only occasionally when I'm ready but indeed many people have benefited a lot from futures trading that they have probably done every day.

But for beginners, you really have to start from spot trading because it minimizes losses so that they can understand to hold and sell when they go up, even though this is a simple thing but it must be done correctly and correctly.

But futures trading has strong adrenaline if we already know from the skill.

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Some people are used to future trading and they are making their money from it. I don't really like future trading because I end up losing money, no matter the amount I make from future trading, I still endup wasting it their that's why I just stop trading futures. If you are a newbie and you want to start trading, I think is better you focus on stop trading because the risk is kind of low and you wont lose your money most expecially if you are trading bitcoin. In spot trading if you are in a trade and the price is down, the only thing you will have to do is to hold and wait for bounce back, but a future trader will start panicking because he won't want to get liquidated.

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Yes of course I believe futures trading is not for everyone.All those who have entered into this futures trading have done very badly.This future trading is not possible for everyone it is very risky.Only those who can take huge risks can trade futures on this futures trading platform.On the other hand one must possess enough courage otherwise you cannot survive trading from futures trading platform.And you have to have the most knowledge and analysis about the trading market, otherwise you cannot do futures trading.You need to watch every signal on the trading platform. And always stick with the market.

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Quote from: Yamifoud on July 30, 2022, 07:36:28 PM

Quote from: Cling18 on July 30, 2022, 12:52:21 PM

When I was new to trading, it's funny how I tried futures without knowing how it works and I was surprised that I lost my funds in just a short click. It really isn't for those who are trying to explore trading. It's only for those who have enough knowledge of how it works because, to be honest, it's confusing in the beginning. It needs time for you to understand it clearly.

Future Trading is another level of trading that requires a higher level of market understanding and also experience. This is not really advisable to newbies, of course, having it tried at once helps to know that Future trading is not as easy as it was, a wrong take for the majority. Spot trading is really a place to start learning about trading though we can't escape from suffering losses where at least the risk isn't that high compared to Future Trading.

if you want to liquidate your funds fast, you will take a risk in futures. but if you want to understand the market and avoid fund losses, you will start in spot trading. it is true, one wrong move, and your funds will be liquidated without a doubt. if you can't afford such, go to another route. if you want less trouble, why not devote your trading in spot trading? take your time understanding the market before going into a very risky trading type.

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Quote from: Outhue on July 29, 2022, 04:57:01 AM

-snip

Everyone would really be tempted to try futures trading because it can give you a huge amount of profit even if your capital is small. The most common problem I see is people usually put too much margin from their capital. They get excited when they see their pnl is positive but don't realize they can get liquidated quickly if the market goes opposite of their trade. Doing futures trading without enough knowledge is very risky because you can never recover your capital from it unlike spot. Even if they are good in reading charts, there are other stuffs that they should learn too like proper risk management.

Topic: Futures Trading is not for everyone - page 3. (Read 761 times)