Is it advisable as a starter to engage in future trade?

add1ct3dd

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I would say that it's the riskiest type of trading ad maybe to get the jitters out for being an amateur and losing money it could be valuable lesson to lose money right away Cheesy

. Not like as a newbie you would be able to start spot trading and make a profit there neither, you will make many mistakes and having it with futures would mean that you could literally lose your entire balance in an hour and that would be a great lesson to you that you shouldn't do that.

I would say listen to my words and don't do it but I remember when I was a newbie and I didn't listened to nobody and I made my own mistakes and learned that way, maybe you would do the same and it would be a better teacher.

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A big no for the beginner traders who wanna jump into future trading for the greedyness of extra profit . Many people want to invest in it in the beginning hoping for more profit and at the end face a huge loss.
For the beginning of trading, start with spot then go for others leberage trading . Because in future trading you have have chances of loosing full fund at once. So my suggestion for you to earn knowledge about how to analyze the charts then go for investment.

coinerer

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Quote from: Alert31 on September 15, 2022, 09:17:42 AM

Quote from: Nyben on August 22, 2022, 09:53:13 PM

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

Future trading is to risky if you are not used for it and you don't have enough knowledge and experince in using future trading especially for beginners. There is a huge possibility that you will lose all your capital if you can't handle it. Much better to learn first and try to trade in spot trading.

It will depend mainly on the trading experience. If a trader is good at spot trading then he can do futures trading. But experts always say to avoid it. When a trader loses a large amount in a short period of time, a different behavior can be observed within that trader. There are many people who get liquidated by trading futures. However, before doing this, a trader should understand futures trading well ‍especially it's negative effects.

Alert31

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Quote from: Nyben on August 22, 2022, 09:53:13 PM

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

Future trading is to risky if you are not used for it and you don't have enough knowledge and experince in using future trading especially for beginners. There is a huge possibility that you will lose all your capital if you can't handle it. Much better to learn first and try to trade in spot trading.

kamvreto

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Quote from: rozak on September 13, 2022, 07:46:13 AM

Quote from: kamvreto on September 13, 2022, 01:57:22 AM

in reality the beginners have not mastered anything about crypto, they just rely on luck and start trading in futures. they want to make quick money without needing to learn anything. Beginners with this mindset will not last long and will always lose even if they only make some gains.
I myself do not even trade in futures too often because the risk is greater.

those who have just come into the market and are directly trading futures of course rely solely on their luck. or follow the plans of the trading signal group on telegram. looks like a lot of newbies join such groups.
What beginners do is 99% gambling. Futures trading without skill is a gamble.
beginners will be better to invest, not with futures trading which is a greater risk.

Joining a signal group on Telegram is not always a solution, even though they are only used for referral purposes. No knowledge is given and only long and short numbers are given. 99% of beginners who practice it are just gambling, because they continue to rely on profits without having the skills or knowledge of trading. Beginners like this must receive education so that they do not continue to fall and be used by others.

Lanatsa

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Quote from: Eternad on September 13, 2022, 11:57:50 AM

Quote from: rozak on September 13, 2022, 07:46:13 AM

those who have just come into the market and are directly trading futures of course rely solely on their luck. or follow the plans of the trading signal group on telegram. looks like a lot of newbies join such groups.
What beginners do is 99% gambling. Futures trading without skill is a gamble.
beginners will be better to invest, not with futures trading which is a greater risk.

It will be too risky for newbies to purely rely on the so called “master” in telegram. It will be better first to enhanced themselves to knowledge before listening to others trade so they can determine whether their forecast is possible to happen. There are many telegram signal group that ask for payment in return of giving signals which sometimes may only be favorable to them. It’s still good if newbies will first study, pay some course or watch courses that will let them understand how trading really works.

They arent really masters if you do see it sensibly but rather they are just pure still speculators with the price thats why its totally shit on making yourself following these people on the first place.
Plus you would really be needing to pay up something for the sub fees which isnt really worth at all.

When you are just a starter specially with trading then never intent on touching up futures on the first place.It was really that a risky thing to be done if we do pertain about
future trading where busting up your whole capital would really be that easy.

Better start with spot and try to be better and profitable with that before you do decide on jumping into other key areas.

Eternad

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Quote from: rozak on September 13, 2022, 07:46:13 AM

those who have just come into the market and are directly trading futures of course rely solely on their luck. or follow the plans of the trading signal group on telegram. looks like a lot of newbies join such groups.
What beginners do is 99% gambling. Futures trading without skill is a gamble.
beginners will be better to invest, not with futures trading which is a greater risk.

It will be too risky for newbies to purely rely on the so called “master” in telegram. It will be better first to enhanced themselves to knowledge before listening to others trade so they can determine whether their forecast is possible to happen. There are many telegram signal group that ask for payment in return of giving signals which sometimes may only be favorable to them. It’s still good if newbies will first study, pay some course or watch courses that will let them understand how trading really works.

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Quote from: Nyben on August 22, 2022, 09:53:13 PM

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

The decision to begin future trading or not remains with the beginner or starter. The main piece of advice is to learn more about trading and exchanges. Once you have a good understanding of trading, you can start anywhere you want as long as you can control your trades and manage your risk on your own.

rozak

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Quote from: kamvreto on September 13, 2022, 01:57:22 AM

in reality the beginners have not mastered anything about crypto, they just rely on luck and start trading in futures. they want to make quick money without needing to learn anything. Beginners with this mindset will not last long and will always lose even if they only make some gains.
I myself do not even trade in futures too often because the risk is greater.

those who have just come into the market and are directly trading futures of course rely solely on their luck. or follow the plans of the trading signal group on telegram. looks like a lot of newbies join such groups.
What beginners do is 99% gambling. Futures trading without skill is a gamble.
beginners will be better to invest, not with futures trading which is a greater risk.

batang_bitcoin

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Quote from: muarip on September 12, 2022, 11:52:54 PM

Good advice to take a risk-free decision if you are a beginner.

If there's a choice with a risk free way of trading, choose it. But to be frank, there's no way that a risk free trade will do. What we can see with these risk free ways are the trading simulators because there's no money involved.

Quote from: muarip on September 12, 2022, 11:52:54 PM

you have to think about it for the losses that you will later feel. everyone who was already in the circle had already felt the loss they might incur.

Loss is inevitable and every good and bad trader will experience it regardless of his status and experience.

kamvreto

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Quote from: kapalmabur on September 05, 2022, 11:43:35 AM

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Quote from: Nyben on August 22, 2022, 09:53:13 PM

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

Don't attempt to go for future trade if you don't know how it works. Trading is very risky and you should know that it all require skill of how the trading world works. Trading is very difficult if you have not traded before so you need to gain skill on how to trade if not, you might end up losing all you funds mistakenly without the help of a pro trader to put you through how the market works. Get the skill so your risk can be minimal.

Why i will support that someone who is a beginner in trading should not go into future trading is that future trading required a higher risk and some one who never master trading is not supposed to rush to future trading after experiencing loss it will make some people to dress back in trading thinking that trading is all about lost. It's good for someone to learn well and understand the future of trading before going into it.

Beginners do not rush to make future trades they must really master and understand about crypto,
what you say is true that it is too risky and for beginners certainly not recommended,
study first and that is the important thing

in reality the beginners have not mastered anything about crypto, they just rely on luck and start trading in futures. they want to make quick money without needing to learn anything. Beginners with this mindset will not last long and will always lose even if they only make some gains.
I myself do not even trade in futures too often because the risk is greater.

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Quote from: kapalmabur on September 05, 2022, 11:43:35 AM

Beginners do not rush to make future trades they must really master and understand about crypto,
what you say is true that it is too risky and for beginners certainly not recommended,
study first and that is the important thing

Getting acquainted with future trading is a bit too risky for newbies as they will get their trading future account liquidated with a blink of an eye. When I got into this space in the early months or last year, I was so eager and craving to trade futures. In my first position, I long BTC with leverage of 30x but the trade trapped me and it run at loss. I was very confident that BTC will retest back to the position I open but waited for days and the dump season came in. That was then I realized I've messed up big time and got my account liquidated. From then upwards, I would either use signal to trade or make proper candle analysing before opening any position in future. It's not something one can just jump in and start placing trades.

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Quote from: posi on September 05, 2022, 11:57:46 AM

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Quote from: Nyben on August 22, 2022, 09:53:13 PM

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

Don't attempt to go for future trade if you don't know how it works. Trading is very risky and you should know that it all require skill of how the trading world works. Trading is very difficult if you have not traded before so you need to gain skill on how to trade if not, you might end up losing all you funds mistakenly without the help of a pro trader to put you through how the market works. Get the skill so your risk can be minimal.

Why i will support that someone who is a beginner in trading should not go into future trading is that future trading required a higher risk and some one who never master trading is not supposed to rush to future trading after experiencing loss it will make some people to dress back in trading thinking that trading is all about lost. It's good for someone to learn well and understand the future of trading before going into it.

It is not recommended that even those who have experience in the market engage in futures trading as it is an extremely risky market. To make a profit from trading futures contracts requires you to have a lot of knowledge, skills, experience and one more thing, to accept the risks that it brings.

As a newbie you should use spot trading to get started, don't try to be curious or try a bit with futures trading, it brings no benefit to newbies, other than fear.

Good advice to take a risk-free decision if you are a beginner. you have to think about it for the losses that you will later feel. everyone who was already in the circle had already felt the loss they might incur.

TelolettOm

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Quote from: Nyben on August 22, 2022, 09:53:13 PM

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

Avoid this.
You need to earn very much before starting to engage in Future trading. You may see results that are very promising and enticing enough, right? But, that is actually like a trap, moreover if we don't know what has happened. This is here that sometimes the newbies don't know any things and the engaged in the future crypto world.
Why future trading is very risky? Because there are some aspects that must be learned. It is because the higher chance is for the higher person, but this is exactly risky very much. In this case, it is not only the profit to take, But the thing is that we must be ready for at least, preparation, risks, and amny things. That is why newbies are not supposed to trade in the future market

posi

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Quote from: Nyben on August 22, 2022, 09:53:13 PM

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

Don't attempt to go for future trade if you don't know how it works. Trading is very risky and you should know that it all require skill of how the trading world works. Trading is very difficult if you have not traded before so you need to gain skill on how to trade if not, you might end up losing all you funds mistakenly without the help of a pro trader to put you through how the market works. Get the skill so your risk can be minimal.

Why i will support that someone who is a beginner in trading should not go into future trading is that future trading required a higher risk and some one who never master trading is not supposed to rush to future trading after experiencing loss it will make some people to dress back in trading thinking that trading is all about lost. It's good for someone to learn well and understand the future of trading before going into it.

It is not recommended that even those who have experience in the market engage in futures trading as it is an extremely risky market. To make a profit from trading futures contracts requires you to have a lot of knowledge, skills, experience and one more thing, to accept the risks that it brings.

As a newbie you should use spot trading to get started, don't try to be curious or try a bit with futures trading, it brings no benefit to newbies, other than fear.

kapalmabur

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Quote from: Nyben on August 22, 2022, 09:53:13 PM

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

Don't attempt to go for future trade if you don't know how it works. Trading is very risky and you should know that it all require skill of how the trading world works. Trading is very difficult if you have not traded before so you need to gain skill on how to trade if not, you might end up losing all you funds mistakenly without the help of a pro trader to put you through how the market works. Get the skill so your risk can be minimal.

Why i will support that someone who is a beginner in trading should not go into future trading is that future trading required a higher risk and some one who never master trading is not supposed to rush to future trading after experiencing loss it will make some people to dress back in trading thinking that trading is all about lost. It's good for someone to learn well and understand the future of trading before going into it.

Beginners do not rush to make future trades they must really master and understand about crypto,
what you say is true that it is too risky and for beginners certainly not recommended,
study first and that is the important thing

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Quote from: Nyben on August 22, 2022, 09:53:13 PM

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

Not at all the Trade in future as a new trader is extremely risky as you can loss all of your valuable assets, i would prefer to recommend you the spot trade for a mid range of time as 7 day to 1 month spot trade more efficient and risk free once your trading skills are improved you can easily make your investment in future but as a new member future is Poison for your assets.

BobK71

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Quote from: Nyben on August 22, 2022, 09:53:13 PM

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

How it is possible. Newbies don't know much about spot trading. So how they dare to do futures trading? According to me they must first acquire knowledge about trading. No newcomers should not involve in this platform. If anyone shows interest there, he should show the negative impacts first. When I started futures trading as a new one there were frequent liquidations appear on my account. Trading futures on a new position or with an equivocal idea can end one's trading profession.

CPNpr

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Quote from: ?? on ??

Quote from: Nyben on August 22, 2022, 09:53:13 PM

When I login to my trading App (Exchange), I do see an option for future trade and when try to give it a try, I will see a notification reading "Future trade can be very risky".
Is it advisable as a new trader to engage in future trade?

Don't attempt to go for future trade if you don't know how it works. Trading is very risky and you should know that it all require skill of how the trading world works. Trading is very difficult if you have not traded before so you need to gain skill on how to trade if not, you might end up losing all you funds mistakenly without the help of a pro trader to put you through how the market works. Get the skill so your risk can be minimal.

Why i will support that someone who is a beginner in trading should not go into future trading is that future trading required a higher risk and some one who never master trading is not supposed to rush to future trading after experiencing loss it will make some people to dress back in trading thinking that trading is all about lost. It's good for someone to learn well and understand the future of trading before going into it.

I think it's good to treat here for a short time to trade. If I chat with time, I'll see here. I'll have a lot of talk. If I think and decide, I will gain and never lose

blue_hurricanger

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Depend on what kind of 'new trader' you are. Advise is usually applied to the majority, which may or may not suit you. To me, a new trader jumping straight to the crypto's future trade mostly end with fund got liquidated from poor risk management. But if you're already well familiar with the stock's future trading and such, you can know enough to not get rekt right away in crypto's future trade despite starting as a new trader to crypto. The best course of action is to trial yourself with a paper account on crypto's future trade first.

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