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

[milewilda]

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?

That warning alone would really be already be enough for you to say that this isnt something that should a newbie would try out.Future trading can really be very risky and if you dont know on what you are doing then its better to avoid this as much as you can or when you are completely a noob when it comes to trading because you cant really be able to bare up on what future trading is.
Better start with spot and make yourself do able to master or make yourself aware on how this market works.If you do see that you are already sustainable on this part then
this is the time you might consider on having to test that futures or leverage trading but of course it wont guarantee that you would succeed.

[Mpamaegbu]

Is it advisable as a new trader to engage in future trade?

No! Don't ever go any close to it. It's as risky as that warning on the site sounds. The offer and lure of shorting it may seem tempting when you think of what profit could be made instead of sitting on your hands but don't take it. You will get burnt. There's a reason that caveat is there once you go to that Futures tab. It's so no trader would say they weren't warned ahead of time. Stick to Spot trading for starters and then gradually learn futures trading. If it's something you will want to go in, you will find out with time. It's not something anyone will jump into.

[Markinzo]

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?

In my opinion it's not advisable, like check this out, it's like getting admission into school and immediately starting with writing of exams before starting lectures to the supposed exam questions.

Give yourself some time to learning and acquiring the basic knowledge to start trading. Else you will blow your financial life before your very eyes just within a twinkle of an eye.

[Sanitough]

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?

Our end goal here is still to trade with profits, and for beginners I think it’s hard to achieve profits if you are not good in trading preparation and developing your own knowledge and skills. You must also gain experiences first so you will have an idea on the real scenario of trading, and develop your own strategies in trading so you will have more chances to succeed, and not only to trade and then you’ll lose after.

[Finestream]

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?

Learn first and gain knowledge and develop your own skills and strategies first before you engage in real trading. Trading is good and profitable if you are always capable to take the risk and manage the pressures. Otherwise, you will only waste your money and effort in trading and still lose everything in the end.

[Russlenat]

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?

You've gotten enough advice on future trades hopefully this thread won't be made and abandoned. At least you should read and comment if anything is confusing or you don't think it's clear.
It's natural when the exchange warns that futures trades are risky especially for new traders who have very little knowledge of futures trades, don't try if you are still very knowledgeable it's better to try spot trades while continuing to learn a lot in trading.

Always start with the basic first. Just buy low and sell high because that will also bring good profits. Don’t rush into future trades because aside that it’s risky, it will not also going to work if you are not a pro in it. So take your time learning all the necessary knowledge and strategies and in due time, future trading will come easy for you.

[Rengga Jati]

As in the notification:

"Future trade can be very risky"

This means yes indeed Future Trading does provide a very high risk. Maybe you can indeed get faster and higher profits, but if you take the wrong step, the risk is losing your money very quickly.
If you are new to the world of crypto trading, I suggest that you stay away from Future Trading. You first get used to trading in the Spot market, while getting used to several things such as the use of Stop Loss, market analysis based on TA and FA, and learning more details about trading. Future trading can't be done instantly and expect a lot of profits right away. This requires a fairly complex analysis, experience, and also more knowledge. So if you are new and insist on doing futures trading without any preparation, it's the same as gambling.

[Oceat]

Before you proceed to any trading strategies you just have to master the basics first.

Trading is not something like, I wanted to try this, that, and those, first you have to ask yourself, do I know what I am doing? If you are well experienced in trading then you shouldn't be asking it here but since you came and asked it here then you probably wondering what you are doing. Then I suggest that you should read and learn about the stuff that you want to do first, just do your own research because a lot of people are suffering already from losses due to carelessly trying without a common knowledge.

[Vaculin]

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?

This is not something that I would advise to a new trader, while it is natural that people want to trade and earn money with their skill, futures trading is extremely difficult and the chances you will lose all your money is very high, so what to do? You need to start slow, if you want to trade then just spot trade for at least a year, and then once you have confirmed you have what it is necessary to become a good trader you could consider this question again, but even then I would think it would be too soon.

Never rush things to happen just because you see opportunities to make profits. Opportunities are everywhere, but it takes proper mindset and right timing to make it successful in the end. For now, focus on building your skills in trading, eventually you will become a better trader until you considered yourself a pro in it. That's when the time you start engaging in future trade as it will be easier for you if you are already prepared about it.

[Oshosondy]

I suggest to trade long for now and it can help you become more profitable especially if you are still don’t know where to trade and how to trade properly.

If you are trading long and the market is full of the bears, that can result to bull trap, a trader can go for either long or short position, what is most important is that a trader should learn all want are important before using the amount of money they can afford to lose to trade. If learning, they should use far less than the amount of money they can afford to lose.

A trader can use 1x leverage and stop loss to continue to trade for a while to see if profitable or not. This morning alone, the market has favoured those that opened long and short position.

What matters is experience and being an expert.

[Hamza2424]

No way dear Future trade is not for the beginners, no matter who much time you gave to learn all the tactics until you own a real time good experience in the spot trades you are fit into the future trades. That is the fact there is no profits before the Loss, Loss is gift that makes you strong for future and you learn & experience both in realtime

[ItsCrafty]

It is actuality that future trading is really hazardous because you will expect and imagine that the worth of selected coin will expand in coming days but if unfortunately the value become in dip and go down so it will be highly difficult for you to get rid of such a loss. Future trading is highly unstable  there is no promise that it will go more up, and may be the market situations goes against you expectations, so it will cause loss. Newbies should start trading by selecting such a trustworthy coin which gave surplus in previous years to its traders.

[Fivestar4everMVP]

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?

Futures trading is highly advanced, and it's built for pro traders,  so like the notification says,  futures trading is highly risky, and most especially, for newbies who are just beginning their trading journey.

To me personally, it is absolutely not advisable to try trading futures when one have not mastered the act/skill of trading spots effectively.
Futures trading is highly profitable but also highly risky, one can make millions under an hour, but end up loosing it all under an hour as well.

[Johnyz]

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?

No it’s not advisable and don’t listen to any hype about future since many are sharing their profit with regards to this but not the real story behind that. Futures is very risky, you have to setup your position properly or else you will lose the money, beginners don’t know this yet so I suggest no to do this. You can do future later once you already gain the knowledge about it, don’t rush yourself to do tradings without any proper knowledge especially with the indicators, great things take time and with this you need to be more patient.

[goaldigger]

No way dear Future trade is not for the beginners, no matter who much time you gave to learn all the tactics until you own a real time good experience in the spot trades you are fit into the future trades. That is the fact there is no profits before the Loss, Loss is gift that makes you strong for future and you learn & experience both in realtime

This is actually a costly way to learn things, you can avoid this one if you invested first on your knowledge since trading and futures are both risky, they can’t give you any guarantee so better to equip yourself first with the right knowledge. Futures is not for the beginners, its already for the pro and honestly even pro got liquidated in future simply because the market is really unpredictable so be careful, and stay focus on learning first.

[cryptoaddictchie]

Is it advisable as a new trader to engage in future trade?

First of all future trading is the most risky type of trading.  Now if you dont have any basic knowledge about that then much better to learn first the basics and engage on trial account.  Its not easy to earn and not incurred loss on future trading.  I myself always have losses there no matter how careful I am.  Too many traders give up on pursuing on this cause they always lose in the process.  Its not that its hard or what,  but the market is very volatile that you might caught on whale plays and liquidated your funds.

[Questat]

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".

It was a question of how it goes like that without having an option on what kind of trading you want. As in this case, the site itself urges you to choose futures trading, and nothing more.

Is it advisable as a new trader to engage in future trade?

Not a wise choice either. I couldn't recommend doing this, especially if you are just about to learn to trade. Absolutely, it was riskier that any form of trading. have yourself start in spot trading until you gain enough knowledge and more experience as these are tools that help you in Futures trading.

[Luzin]

Not a wise choice either. I couldn't recommend doing this, especially if you are just about to learn to trade. Absolutely, it was riskier that any form of trading. have yourself start in spot trading until you gain enough knowledge and more experience as these are tools that help you in Futures trading.

It is too difficult to make a profit if a live trading newcomer joins for future trading. I think future trading is one level above spot market trading. They must know technical and fundamental analysis to take a position. It is too risky if they want to trade the future right away.
Even I myself am not very interested in future trading. Because your money can be lost in an instant if you spot trade then you can simply hold back if you believe there will be a new high price.

[xSkylarx]

Even an expert trader won't recommend anyone to engage in futures trading. It is very risky and can be considered gambling if you do it without proper knowledge.

Futures trading can be very stressful for me because it frustrates you when your stop-loss gets hit or your portfolio gets liquidated. It's better to do spot trading where you just lose money if you sell at a loss.

[$crypto$]

Do not enter into futures trading because it will lose money if you do this of course it takes good skills to get started and it already has something to say about the risks.
For me beginners need to learn more and better spot trading will be much safer than futures trading, we know we don't know the technique then your money will be lost.

See advice from others do me what you can and I think spot trading is a place for beginners to trade.