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.