Currently, many people are entering the world of digital currencies. Some are hoping for profit, some are curious. In particular, the word futures trading rings in the ears of many of us from time to time. It seems, Ah! If only I could trade in futures a little, then I know that I would make a little more money.

Many people rush into the futures market without realizing it because of this thought. And this is when the most significant error occurs. We could be accustomed to basic spot trading, which is purchasing a coin, holding onto it, and then selling it when its value rises. However, trading futures is far riskier and more complicated than that.
What is futures trading?
In simple terms, you are trading on an assumption about the future price. You take a Long or Short position by guessing whether the price will increase or decrease. Here, the profit can be big, but the loss can also be much greater. If you guess wrong, you not only lose the opportunity to make a profit, you could also lose your entire capital.

Why do so many people make mistakes?
We become somewhat enticed by the prospect of trading futures. We ask ourselves, "Is it that easy?," after watching a video on social media or YouTube. I too am capable of doing it! In actuality, though, it is really challenging for inexperienced people to survive here. You must work with market mood, trends, news, and even your own thinking in addition to technical chart comprehension while trading futures.

Where is the responsibility for the loss?
The most difficult thing is when your money is suddenly completely lost. Then we realize, This path was not for me.” However, if we had been a little patient, learned in advance, and gained experience through demo trading, perhaps this loss could have been avoided.
If you are interested in futures trading, you must first prepare yourself. Try to learn by watching YouTube or courses. Never invest a large sum in the beginning. And most importantly—learn to control your emotions. Because, greed and fear—these two are the biggest enemies of a trader.
Futures trading is not a way to get rich overnight. It is a platform where you can make a profit, and you can also lose everything in an instant. So, don't jump in without understanding, first understand—then decide. Making money is important, but only when you know it, there is peace.
Posted using SteemMobile