Spot trading or future trading which trading is best for beginers? - page 11.

dunfida

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Quote from: Natalim on June 01, 2023, 04:08:24 PM

Quote from: lalabotax on May 27, 2023, 04:49:32 PM

Cryptocurrency trading will definitely be risky for anyone, especially for newbies. However, the risk may be different, some are at normal risk, some are high. In this case, newbies should not do futures trading first, because futures trading uses leverage, this might double their income, but on the other hand it can actually waste their money very easily. That's why in my opinion, as long as I understand how, I think Spot trading is better for beginners.

We usually choose the thing that we think it was right and most profitable but that is not the case in trading, as it was best to start from the most convenient way of earning without thinking how much we get, whether it was just small profit or big. As a newbie or a new trader, we can just jump on the platform that requires a high level of trading knowledge and skills. That is why it was suggested to just begin using spot trading, a common place for starters. In this place, we are about to learn the basics and earn experience which would be our stepping stone to another level which is Futures Trading. Not really a requirement but if we wanted to become pro-traders, must start from the basic.

When we are still noobs then we would really be thinking up this way on which we do really believe that it is really that something easy to deal with until we do lose huge amounts of money.
Speaking about being beginner then it would really be just that right that we should really sticking into something much lesser risks on which it would really be just that normal that
we would be having this kind of approach on where we should really be starting into a point on which it is something that we could be able to handle out.

Being a noob does really lack of overall knowledge and experience and usually sticks out on something that they do see from other people.It might look so very simple but its not something
that you could really be able to easily deal with. This is some needing that real self realizations before proceeding if you dont like to experience huge losses but well losses are inevitable.

Natalim

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Quote from: lalabotax on May 27, 2023, 04:49:32 PM

Cryptocurrency trading will definitely be risky for anyone, especially for newbies. However, the risk may be different, some are at normal risk, some are high. In this case, newbies should not do futures trading first, because futures trading uses leverage, this might double their income, but on the other hand it can actually waste their money very easily. That's why in my opinion, as long as I understand how, I think Spot trading is better for beginners.

We usually choose the thing that we think it was right and most profitable but that is not the case in trading, as it was best to start from the most convenient way of earning without thinking how much we get, whether it was just small profit or big. As a newbie or a new trader, we can just jump on the platform that requires a high level of trading knowledge and skills. That is why it was suggested to just begin using spot trading, a common place for starters. In this place, we are about to learn the basics and earn experience which would be our stepping stone to another level which is Futures Trading. Not really a requirement but if we wanted to become pro-traders, must start from the basic.

Litzki1990

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Spot trading can be a good choice for those who are new to trading. Futures trading is the next step in spot training. Although futures trading is the next stage of spot trading, it is more risky and difficult, so it is very difficult for beginners to do this trading. Advice for newbies would be to get a good understanding of trading first. Spot trading is a good decision for you but in the beginning it is very risky for you so with enough ideas and education about trading then you should engage in trading. And I think that before learning every job, you should spend enough time on that job.

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Quote from: Bitcoin_people on May 31, 2023, 11:30:11 AM

I think spot trading is definitely the best way to trade because there are no ricks. ..

There are risks everywhere, regardless of whether you are trading on the spot market or futures. But the most important difference of the spot market is that you will not lose your money as a result of the liquidation of the position by the exchange.

Bitcoin_people

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I think spot trading is definitely the best way to trade because there are no ricks. There is very little fear of losing money in spot trading if the loss is followed by a chance of recovery. But if futures are traded then it can be seen that if the market condition is good then huge amount of profit is available. Again, when the market position goes down, all the money is likely to be lost. We know that there is a lot of volatility in the market and it is very difficult to understand when futures trading can be profitable in this volatility. So without losing money by futures trading, it is best to keep spot trading, there are no ricks here. I have lost my money trading futures earlier that's why I don't trade futures since then but spot trade seems better to me.

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Quote from: Timmzzy on May 30, 2023, 09:50:05 AM

why not try learning forex trading instead. forex is sustainable, i went from trading crypto to love forex because, the whole scenario of trading the financial market starts from FOREX. from the patterns down to the candlesticks formation. forex can provide you with the ability to use DEMO account for practical. with forex i think you will get the clue how the market is been controlled by MARKET MAKERS. this site babypips.com can help you learn forex as a beginner.

Whether you would be sticking with FOREX or STOCKS rather that CYPTO. It isnt really just that right that you would be talking or speaking about sustainable because this is something that would really be giving
out assurance that you are really that doing the right stuff. We know that dealing up with a market is something that wont be simple because there's no way that you could really be able to predict about its movement. Even if we do say about forex is less volatile but there's always still a chance that you would really be losing money due to unpredictable price movement.

Comparing out futures and spot then when we are still a noob then it is really just that right that you should stick on something that its less risk and this is on dealing with less leverage. You are really at great risks
if you are deciding to touch up futures without having that sufficient experience and knowledge towards trades and just like on what others saying that it would really be a suicide.

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why not try learning forex trading instead. forex is sustainable, i went from trading crypto to love forex because, the whole scenario of trading the financial market starts from FOREX. from the patterns down to the candlesticks formation. forex can provide you with the ability to use DEMO account for practical. with forex i think you will get the clue how the market is been controlled by MARKET MAKERS. this site babypips.com can help you learn forex as a beginner.

disconnectme

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I won't advise anyone to use future trading, if fund like 3AC can blow up, I don't see how a newbie won't, even why do a newbie need to trade using leverage when he has not master spot trading in the first place, I know some of them are being deceived by some of these paid group influencer throwing up unrealist gains on Twitter and they too feel I can do this, if at all you want to use leverage place don't use more than 5X because if the price flow against you and pump 20% in opposite direction you will blow your account plus always make use of Isolated and not cross trading

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Quote from: Akc22 on May 14, 2023, 08:16:42 PM

It is a great alternative for novices who are simply starting out in trading and want to get a feel for the marketplace.

Quote from: Akc22 on May 14, 2023, 08:16:42 PM

Futures trading can be extra complicated and unstable than spot trading, and it calls for more understanding and revel in. Futures buying and selling can be appropriate for buyers who have a better threat tolerance and are looking for greater superior trading techniques.

You already answered the question yourself. Your explanation on the thread is quite clear that newbies/beginners aren't appropriate for future trading since it requires more knowledge and experience. When you are a newbie/beginner, you have no experience and a lack of knowledge/skills. This will be riskier for you, you even may lose all the money. Even experienced traders may not choose future trading because it is too risky, I know some of them who only focused on spot trading although they already trade for many years. If you want to have a safer place for trading, spot trading is the most recommended place.

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Quote from: ShowOff on May 29, 2023, 03:15:21 PM

I highly recommend beginners to start spot trading before they get interested in futures trading. While there are risks from both types of trading, spot trading will not make all their money disappear due to price volatility.

Beginners can learn futures trading, but they need to know a lot about it before getting started. Some introductions they should follow and learn so they really understand how the trading features are useful. But I tend to believe, anyone who is not good enough to manage emotions in futures trading will only bankrupt them more quickly. Spot trading is what I recommend the most, it's safe for beginners class.

When we do speak about being a complete noob or zero knowledge and tending to deal up with trading then it would be the best and recommendable thing for them to start up with spot.Get that sufficient experience

and knowledge towards the market before you would be diving into something like high leverage or futures trading because this isnt something that you could easily deal with even you would be calling yourself or seeing that you are really that good with trading because even with those old and professional traders doesnt really guaranteed out on making huge profits on future and you could even see that there are lots of
them had been liquidated and if you are that someone who doesnt really like on losing that big time then better not to engage on this one.

I consider myself on being doing trading for spot for how many years but i didnt really still touch up futures trading.I did make out some test out but i cant really just afford nor really have the guts
on trying out high leverage trades.

irhact

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Quote from: lalabotax on May 27, 2023, 04:49:32 PM

Cryptocurrency trading will definitely be risky for anyone, especially for newbies. However, the risk may be different, some are at normal risk, some are high. In this case, newbies should not do futures trading first, because futures trading uses leverage, this might double their income, but on the other hand it can actually waste their money very easily. That's why in my opinion, as long as I understand how, I think Spot trading is better for beginners.

Everything depends on the experience and education both traders has, a newbie trader doesn't have the experience needed to start trading with leverage. He might let his emotions make him take decision that'll affect the trade negatively and when he's trading with leverage, it doubles the loses he's supposed to receive. The profits are tempting but you'll lose more since you have no experience.

An experience spot traders without any experience in future trading is also a newbie in the area and shoudn't practice trading futures until he has learnt the necessary things needed from a professional on how to trade the future market, it all depends on your level of education.

ShowOff

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I highly recommend beginners to start spot trading before they get interested in futures trading. While there are risks from both types of trading, spot trading will not make all their money disappear due to price volatility.

Beginners can learn futures trading, but they need to know a lot about it before getting started. Some introductions they should follow and learn so they really understand how the trading features are useful. But I tend to believe, anyone who is not good enough to manage emotions in futures trading will only bankrupt them more quickly. Spot trading is what I recommend the most, it's safe for beginners class.

barlo357

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Spot trading are for newbies where they can measure your abilities on using indicators without being liquidated. When you are a newbie and tried leverage trading, some platforms like binance will limit your leverage to low. You can also try other platforms that don't limit your leverage but be cautious since it would easily make your margin to be liquidated.

You can also use spot when you just want to hold and wait for the right time to sell without having a funding rate that will lessen your profit unlike on futures. That is why they position their long/short properly so they could lessen their funding rate once they close their position. The more leverage the greater the funding rate, a reason why those who has higher leverage closes their position as soon as possible when they are on profit and set another position when their targets are met.

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Cryptocurrency trading will definitely be risky for anyone, especially for newbies. However, the risk may be different, some are at normal risk, some are high. In this case, newbies should not do futures trading first, because futures trading uses leverage, this might double their income, but on the other hand it can actually waste their money very easily. That's why in my opinion, as long as I understand how, I think Spot trading is better for beginners.

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[/img]I prefer futures, earning from up and down trend.

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Spot trading is the best form of trading for beginners because it executes in real time and has quite less risks as compare to futures. A new trader can learn a lot from spot trading as this way of trading provides much flexibility in prices and it works as long position only. The new traders will have less losses in spot trading because even if their trades go wrong they won't get liquidated. Their capital is safe in spot trading and the profits are quite similar if leverage is not used.

Futures trading isn't for beginners because this type of trading involves many risks and a new trader can end up losing the whole capital with this kind of trading. The futures trading is best for top level traders who know the ins and outs of trading and at the same time have mastered the volatility of the market. In the futures trading a trader who is at advanced level can take profit from longing as well from shorting.

The highly recommended trading option for new traders is spot trading, futures trading, and margin trading are for advanced users only and I recommend the beginners to stay away from those types of trading activities if the want to play the game of trading safely.

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Quote from: TheUltraElite on May 26, 2023, 09:51:33 AM

Quote from: el kaka22 on May 19, 2023, 03:14:05 PM

We can see how the simple the answer is by seeing how many people said spot trading, because the answer is obvious. If only people were listening to the obvious answers. However, I have been seeing a ton of people who gave ads to their futures trading reels on instagram, they are all like "do you want to become a millionaire!!!" and after that it is all about believing them or not, because the question is so simple, but the reality is that you shouldn't believe them, they are not going to make you rich.

People like to believe that dream like state to be real and achieveable through minimum effort and thus the attraction to go for the more risky methods of trading without learning how things work on the market and on social media.

On social media ShitcoInfluencers attempt to promote their affiliate links through making of reels and showing off their earnings to catch the naive population of youngersters. This leads to them making rash decisions and putting their money in such shitcoins only to lose and end up giving 20-30% of that as affiliate commission to that charlatan.

Of course we cannot stop this just by discussing here, some idiots will continue to make such mistakes but those who will learn will survive in the long run.

Unfortunately that is very true, too many people want to reach their dream without hard work and that's not how life is right now. Maybe in the future when we reach a robotic level so advanced that we do not have to work for anything and all houses and foods and clothes are free, basically we can live without working and robots do it all for us, then we can do whatever we want to achieve, certainly arts and crafts would be much better than it has ever been if that happens one day.

But in this reality, where we are living right now, you need to achieve something by working insanely hard. I work literally 12 hours a day, sometimes more, and I am not a wealthy person at all, I live alright, I can't complain, but I would be starving if I worked 4 hours a day, let alone hit it lucky once and retire type of wealth, that ain't happening, I gotta keep working 12 hours a day to put food on the table.

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Quote from: TheUltraElite on May 26, 2023, 09:51:33 AM

Quote from: el kaka22 on May 19, 2023, 03:14:05 PM

We can see how the simple the answer is by seeing how many people said spot trading, because the answer is obvious. If only people were listening to the obvious answers. However, I have been seeing a ton of people who gave ads to their futures trading reels on instagram, they are all like "do you want to become a millionaire!!!" and after that it is all about believing them or not, because the question is so simple, but the reality is that you shouldn't believe them, they are not going to make you rich.

People like to believe that dream like state to be real and achieveable through minimum effort and thus the attraction to go for the more risky methods of trading without learning how things work on the market and on social media.

On social media ShitcoInfluencers attempt to promote their affiliate links through making of reels and showing off their earnings to catch the naive population of youngersters. This leads to them making rash decisions and putting their money in such shitcoins only to lose and end up giving 20-30% of that as affiliate commission to that charlatan.

Of course we cannot stop this just by discussing here, some idiots will continue to make such mistakes but those who will learn will survive in the long run.

When we are noob/newbie/new trader or everything from the start, then we do have this qualities;

1.Greedy
2.Emotionally unstable
3.Unrealistic goals or targets
4. Impatient

If we do tend to look at into those people who do make money via trading then we do really have that common impression that we could really be able to do it without any issues.
We would really be having that thinking that it would really be that so easy to be done and on the time that they would be seeing those people who are engaging into futures
then this is the time that they would really be having those kind of thoughts that they must do it also in order for them to make huge income without
even trying out to realize on how risky it would be and its not something a newbie could be able to handle it out first hand.

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So anyway, I applied as a merit source :)

Quote from: el kaka22 on May 19, 2023, 03:14:05 PM

We can see how the simple the answer is by seeing how many people said spot trading, because the answer is obvious. If only people were listening to the obvious answers. However, I have been seeing a ton of people who gave ads to their futures trading reels on instagram, they are all like "do you want to become a millionaire!!!" and after that it is all about believing them or not, because the question is so simple, but the reality is that you shouldn't believe them, they are not going to make you rich.

People like to believe that dream like state to be real and achieveable through minimum effort and thus the attraction to go for the more risky methods of trading without learning how things work on the market and on social media.

On social media ShitcoInfluencers attempt to promote their affiliate links through making of reels and showing off their earnings to catch the naive population of youngersters. This leads to them making rash decisions and putting their money in such shitcoins only to lose and end up giving 20-30% of that as affiliate commission to that charlatan.

Of course we cannot stop this just by discussing here, some idiots will continue to make such mistakes but those who will learn will survive in the long run.

teosanru

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Quote from: Akc22 on May 14, 2023, 08:16:42 PM

Both spot buying and selling and futures trading have their personal benefits and downsides, and it ultimately depends at the individual trader's desires, threat tolerance, and trading style.

Spot trading entails buying and promoting assets at the cutting-edge marketplace rate, and it's miles generally considered less unstable than futures buying and selling. It is a great alternative for novices who are simply starting out in trading and want to get a feel for the marketplace. However, spot trading can also be volatile, and fees can differ swiftly, so traders want a good way to manipulate their threat correctly.

Futures buying and selling, however, includes buying and selling contracts that promise to deliver an asset at a destiny date at a predetermined fee. It allows buyers to take positions on the course of an asset's price movement with out definitely owning the underlying asset. Futures trading can be extra complicated and unstable than spot trading, and it calls for more understanding and revel in. Futures buying and selling can be appropriate for buyers who have a better threat tolerance and are looking for greater superior trading techniques.

I generally feel it's about expertise and risk appetite. All good traders started with just spot market only at once. Eventually they got their expertise in the spot market and started to enter into the futures markets after that which is obviously slightly more rewarding in terms of ROI when compared to spot market. I feel this should be the case with everyone if you enter future markets directly you'll always be unaware of the behaviour of spot markets which is eventually the underlying asset of your futures. So start with spot trading and then go with futures trading.

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