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

[jossiel]

I mean, the exchange already told you to be careful when doing future trades. If you are really confident with your skill, then go for it since it's your money after all. Otherwise, just avoid it especially for new traders. It's not something that could make profit for new traders due to the risk.

But for a newbie, it's not that easy to be confident with his skill to get on with futures trading.

It's better to listen to the voice of the people telling that he should study it first. Do what they're telling if it's justifiable and valid on why the people are telling you to avoid it.

Well, how many do really are listening with such advises when they're being told what to do? I hope that many of them listens or if they want to learn it, they should proceed and accept any result from it.

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[ScamViruS]

The time that you should consider yourself on touching up futures is on the time that you've been trading up for too long or do have sufficient knowledge and skills towards the market because you cant able to bare

up the risk involved and you would just definitely be burning up your money in fast pace manner and its never been suggestable that you should touch up futures when you are just starting up
on doing trading.You might able to make money at first but on longer run you would able to realize that it wasnt really be that easy.

Get yourself to be effective on spot trading first before tending to jump into other types of trading.

I know a few people who made huge profits from trading futures that made them think of themselves as experts. But it didn't take long for them to lose this rhythm, when the bear market started, they got so confused that they lost all their profits through futures trading again.

So the futures market is a place for experts, short-term profit can be made here with little knowledge, but if there is no proper market knowledge and knowledge of money management, it will not take long for that trader to lose all his funds.

[coinerer]

all trades I am sure will be risky for everyone. especially for beginners, I do not recommend you are in futures trading. it requires better skills as well as experience. you can learn it now, but better collect your trading skills on the spot, I'm sure it will be better.

if you still don't have good skills, or can't do market analysis yet, I think you better do long-term planning first before learning day trading or futures.
although still risky, the investment will be better for beginners than trading.

Cryptocurrencies are risky investments. But even more risky is the futures trade. Where you can lose your money for a little volatility, it can also multiply. Those who have both good skills and money in spot trading and those who can take more risk they can do futures trade if they want. It is better to keep some assets extra after deposit because there is a possibility of liquidation at any time. It should not be taken at first for those who are new. Futures trading can be started after gaining a little bit experience in spot trading.

[Davidvictorson]

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 term I want to highlight is word new trader. My advice is yes and No. Yes, it you are at least 50% confident in yourself. However wisdom demands that you do not jump right into it. You can start out first using simulators for a couple of months. Watch how much profit you make and how much loss you incur. Once you feel you are getting the hang of it then you can do the real deal. Start out first will small amounts before going big. And No, if you feel you do it because you see other traders doing it and making it big. And you think it will be the shortest cut to massive profits.

[CryptoYar]

I know a few people who made huge profits from trading futures that made them think of themselves as experts. But it didn't take long for them to lose this rhythm, when the bear market started, they got so confused that they lost all their profits through futures trading again.

A good trader does not care whether the trend is bear or bull. He can make money in both types of market.

However it is also a fact that it is easy to trade in the bull market whereas it is a little difficult in the bear market but still it is not that hard if you are experienced trader.

So the futures market is a place for experts, short-term profit can be made here with little knowledge, but if there is no proper market knowledge and knowledge of money management, it will not take long for that trader to lose all his funds.

Yes, Futures trading is not for newbies. ( a newbies should begin with spot trading and keep learning when he feel that have enough knowledge, then he can move to Futures trading with a small amount money)

[cheezcarls]

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?

Although anyone (even newbies) can try futures trading, but for me it's something that I wouldn't recommend if you are new or inexperienced. Anything can happen unexpectedly without warning.

The good ol' spot trading is still what I prefer for the newbies and beginners. Before jumping into futures trading, you should learn first about the basics and also how not to be "really drained emotionally" if you are being liquidated by means of financial risk management.

It's totally up to you if you wanna try it or not. If your prediction about short or long positions are correct and profited, then that's good for you. However if you are being liquidated, just treat it as a donation for you to learn your lesson and get better in making decisions next time.

Make sure you do not go all-in. Only futures trade what you can afford to lose.

[serjent05]

@OP if you have a grasp of future trades and understand the basics of it, then you can.  There is no other way to build our knowledge than filling up experience.  Though I would advice that you should only allocate a minimum amount since this is just something like testing the waters for you.

I know a few people who made huge profits from trading futures that made them think of themselves as experts. But it didn't take long for them to lose this rhythm, when the bear market started, they got so confused that they lost all their profits through futures trading again.

A good trader does not care whether the trend is bear or bull. He can make money in both types of market.

However it is also a fact that it is easy to trade in the bull market whereas it is a little difficult in the bear market but still it is not that hard if you are experienced trader.

So the futures market is a place for experts, short-term profit can be made here with little knowledge, but if there is no proper market knowledge and knowledge of money management, it will not take long for that trader to lose all his funds.

Yes, Futures trading is not for newbies. ( a newbies should begin with spot trading and keep learning when he feel that have enough knowledge, then he can move to Futures trading with a small amount money)

Now how can a person become an expert if he won't try things?  All experienced traders started as newbies, just saying.

[Bhig Daddy]

As a new trader this is not something advisable, though most people like to engage in it without even considering how high the risk of losing their funds is. This strategy requires high experienced traders, traders who have been in the market for so long who can tell how the market will look like in the future.

[carlfebz2]

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 term I want to highlight is word new trader. My advice is yes and No. Yes, it you are at least 50% confident in yourself. However wisdom demands that you do not jump right into it. You can start out first using simulators for a couple of months. Watch how much profit you make and how much loss you incur. Once you feel you are getting the hang of it then you can do the real deal. Start out first will small amounts before going big. And No, if you feel you do it because you see other traders doing it and making it big. And you think it will be the shortest cut to massive profits.

When you are just new not only into trading but on everything then it would really be just common sense that you wont be touching up those area which does require more intermediate-advanced skills which it would

be that common sense that you would really be that skipping on that and stick with the basics or the most simplest concept or ways on touching up trading.If your curiosity level is that high or that impulsive

then go ahead and try but dont blame out someone whenever you had just simply blown up your capital on a short time.Futures trading is something that can someone will easily able to bare or handle out.

[blue_hurricanger]

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.

[CPNpr]

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

[BobK71]

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.

[Hamza2424]

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.

[kapalmabur]

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

[posi]

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.

[TelolettOm]

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

[muarip]

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.

[hashrateproducts]

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.

[kamvreto]

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.

[batang_bitcoin]

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.

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.