spot trading does not guarantee that you will not lose, if you buy a new coin like bio at 0.70 now you are possibly facing irrecoverable losses
User-youngfuneral
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I Thought it was only me not meant for future trading but I’m sharing this example today to caution everyone about the risks involved in futures trading. This is a real-life story of a trader who started with $54,000 and now has a PNL loss of over $32,000. It’s a painful reminder that futures trading is not for everyone and comes with extremely high risk. As shown here, even when the account has over $21,000 in assets, the losses can still be significant due to the leverage and volatility in futures markets. The market doesn’t forgive mistakes, and without proper risk management, it can lead to massive losses. That’s why I strongly advise focusing on spot trading instead. Spot trading is much safer, and your money stays secure while still allowing for steady growth in the long run. 🔑 Key Advice: • Only trade what you can afford to lose. • Educate yourself before trying futures trading. • Always prioritize risk management. • For beginners, stick to spot trading for a safer trading experience.
What are your thoughts? Share your experiences below. #writetoearn
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