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. 
Topic: Futures Trading is not for everyone - page 4. (Read 937 times)
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 🤔.
I've been there before, I also have my beginners luck when I was trying futures before and it so alluring because of how profit came in. This makes me overconfident and lost most of the capital and profit I've made from the day I started futures. Being overconfident which being greedy put me on a very tight spot on just holding my position till I get liquidated. You don't need to be a pro to make profit from futures, You need to be responsible and overly patient with your trades. 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 🤔.
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.
Yes indeed futures trading is not suitable for everyone. Future trading requires you to have enough courage and knowledge about trading.Future trading is a trading platform where all funds are wasted unless you are experienced.I have lost a lot of money in futures trading in my life.But I can never get rid of it When it comes to profit in trading, there is no trading like futures trading Once one becomes addicted to the futures trading platform, it is very difficult to go back to normal But my experience from here is that till date no one has been completely successful in futures trading. Of course lost funds.
Future trading is like gambling. It can make someone rich in a very short period of time and it can make someone completely destitute in a very short period of time. i didn’t suggest anyone to do Future trading. Coz lost my $50k by future trading. I hate leverage trading. It makes people addicted like gambling and at some point makes them destitute.
Futures Trading is not for everyone . This sentence is only follow for newbie on trading. becuse if you trader and professonal trader you shoud be do future trade if you do spot trade becuse spot trade loss and profit depend on market and also future trade depend on market. but most traders lose money when trading futures, if they only use spot trading they dont fall in big loss,but future trade bear big loss. but it also can give huge profit. its depend on market and your expreince. that's actually depend on the market. If you are greedy enough and you will be using whole of your money to trade in the futures. it's not about how big PNL you can make from there but it's about how consistence your profit from doing the future trade.But brother with out loss you can learn how to get profit. I think we all need expreice about trade if you trader future spot margin leverage all .
Futures trading is not all about strategy and knowledge also we need to consider the part of the emotional it is the battle the emotional and mental state if you can handle the situation if you are a trader who make a position and still holding even though it is already hit your stop less you take too much greedy and fulfil yourself that it can bounce back it is good if a trader has its trading plan no matter what happens there's a winning day but also there's a red day if you don't feel the market going well make another position. People nowadays makes a position and hold and after that they lose because of too much confidence. Lossing is part of the trade but always know how to manage it.
If you're jumping out from your expertise or comfort zone to futures trading and think you could do it right away, then sorry but it ain't that easy. If you put a lot of time and money when you're trading on stock, you would do the same thing or maybe more on futures trading. There's no shortcut on being a professional trader, if there is, we would all be rich and no one will post something like this anymore.
It's more better to be proud of if you exert efforts and perseverance on it. Trading is not a rush or a competition, always trade at your own phase.
It's more better to be proud of if you exert efforts and perseverance on it. Trading is not a rush or a competition, always trade at your own phase.
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 🤔.
I made the exact same mistake like, moving to quickly from the spot to the future market and lost a lot of money. Back in university I was trading stocks with friends for 1.5 years. During our autumn break we decided to try out future day trading, within a couple of days we lost all the money we made before. It was a very terrible experience and I learned a lot. Future trading involves a lot of leverage, so when you use all your money you can lose a multiple of it. The market moves much faster and our problem was we didn't have enough capital to start with. At least the losses give a tax benefit for future winnings, so the money wasn't completely lost. And still it took many years for me to try the future market again.
In fact if you want to trade then you must acquire knowledge about cryptocurrency. Because you will get profit sometime while trading and you will crave it because you If you have been able to earn in a short period of time, there will be an apprehension about your benefits. But you have to consider its disadvantages and you will make the biggest mistake if you only expect the benefits, so you must have an idea about the satisfied currency that will guide you in the future.
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 🤔.
You thought you're a pro in the day one but the next day you turned upside down which shows how people are jumping into conclusions too quickly. I am not advising trading futures to anyone as well but if you're going good at spot trading then sticking with it sounds good and we can't be rich too quick as we dream of, everything will take time so yiu may take years and decades to achieve your financial goals so be patience and keep working on goals. 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 🤔.
Many of us have experienced it in the early days of our trading and can get big profits.
It will give us confidence and make us think that trading is easy.
But we must prevent ourselves from getting carried away by the big profits and keep analyzing trading.
Feelings of being overjoyed because of our results must be suppressed so that we remain aware that not good things will always be on our side.
because the feeling of always profit can make a trader overconfident. even sometimes it could just be because of his luck. without analysis and adequate skills.It will give us confidence and make us think that trading is easy.
But we must prevent ourselves from getting carried away by the big profits and keep analyzing trading.
Feelings of being overjoyed because of our results must be suppressed so that we remain aware that not good things will always be on our side.
we must have experienced such luck in the long journey of trading that we do. and the situation will make us fall into the pit of greed. that will destroy our future trade.
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 being a pro trader, at least that's what I thought 🤔.
Maybe you made a wrong analysis for the second day, which made you lose everything.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 being a pro trader, at least that's what I thought 🤔.
Sometimes, if we can make a profit on the first day and close the trade, we can lose everything on the second day as our greed will grow and we will say that we can make another profit on the second day.
Or maybe your emotions become bigger and you can not control them as well as on the first day.
You can get many factors after winning on the first day that can impact the next day because you will want to have the good result as before and that is normal.
It will give us confidence and make us think that trading is easy.
But we must prevent ourselves from getting carried away by the big profits and keep analyzing trading.
Feelings of being overjoyed because of our results must be suppressed so that we remain aware that not good things will always be on our side.
snip
Learn from your mistakes and this is always been the key and this is where noobs do always fall but totally its inevitable because we could learn everything from our mistakes.If we do thought that future or leveragetrading is easy then try it and you would find for yourself on whats the reality.You might able to have those beginners luck in few trades but not all the times you would really be ending up on profits.
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 🤔.
Learn from your mistakes and this is always been the key and this is where noobs do always fall but totally its inevitable because we could learn everything from our mistakes.If we do thought that future or leverageI 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 🤔.
trading is easy then try it and you would find for yourself on whats the reality.You might able to have those beginners luck in few trades but not all the times you would really be ending up on profits.
You could really indeed lost all of that you have earned earlier in shortest time as possible.
Then after that scenario or situation then you would definitely realize on how things works or on how reality works.
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 🤔.
So you lost close to 500 dollars? You should consider yourself lucky as it is a very cheap lesson compared to the amount of money some other traders have lost on the futures markets and which they will most likely never recover.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 🤔.
The truth is that most traders that come to this market do not have what it takes to even make profits on the spot markets, and by electing to trade the futures markets they are just increasing the speed at which they will lose their money, also you were overconfident, we cannot say that we are a pro at trading by just winning 3 trades, in my opinion a full year is needed at minimum and a longer period may be needed if when you began to trade a bull market came, as it will give the impression you are a great trader when the truth is that you only came to the market at the best possible time.
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 🤔.
For some of us here who already have an experience, they still find it hard to understand everything in spot trading so it was surprising how a newbie can start in futures trading directly. It could be that they are smart for them to understand things easily? And what's more surprising is they manage to win three rounds or more but of course they are not pro yet but being a pro takes time and a lot of experience.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 🤔.
The moral that we can get on your own story op is don't be confident enough just because your previous attempts are successful and have gone smoothly because there will be times where we can get unlucky so always secure most of your profit and use only amounts which you can easily afford to lose.
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 🤔.
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 🤔.
In crypto trading it is not measured by Pro or not Pro. The most important thing for them is the extent to which they can analyze market movements, especially Bitcoin. Price fluctuations continue to occur every day, despite the ongoing bull run. If we exit at the right time, of course we will make a profit, but if we fail to analyze the rising market, of course we will lose everything. I think Bitcoin is the basic guide in analyzing market movements.
I never think to try future trading because I think it is too risky. So, people who like to trade in a safer place as me, should choose spot trading over future trading. I think future trading is almost the same as gambling, we rely on our luck to take profits. I don't want to risk my money in this type of trading since the chance to lose all my money is too high. As long as we have a safer place to trade, why we should choose a riskier place? Even it offers higher profits, it may lose all our funds.
Exactly, one of them is not for me 
Future trading is very complex, high tension, and high necessary skills, knowledge, consideration, information, and also emotional management and control.
I have tried trading in a future markets and I lost much because I cannot control my emotions and funds. This seems to be interesting to make high profits only in short time, but on the other hand, this is also very risky because we can lose our money easily only in a few minutes. That is why if you are new esepcialy in this crypto world and you cannot still manage yourself with good management and knowledge, better to stay away from this. Or you will only meet gambling situation
Future trading is very complex, high tension, and high necessary skills, knowledge, consideration, information, and also emotional management and control.
I have tried trading in a future markets and I lost much because I cannot control my emotions and funds. This seems to be interesting to make high profits only in short time, but on the other hand, this is also very risky because we can lose our money easily only in a few minutes. That is why if you are new esepcialy in this crypto world and you cannot still manage yourself with good management and knowledge, better to stay away from this. Or you will only meet gambling situation
Jump to: