BEGINNER'S EXPERIENCE: about bluffers, samurais, stakes, and futures.
Here are some lessons I learned during a month of futures trading.
After almost a month of losses, I started to come out on top. These are my personal observations and bumps. Perhaps for some, the things I say will be trivial. But I will write down the points that personally helped me in futures trading.
1. Don't play with everything you've got. You're sure to lose it all. The market loves to devour the greedy. I was exactly like that. The exchange devoured all the money I poured in. If you see and feel that your position is -150% ROI, that's a clear signal that you've made a mistake. Don't do that. It's a path to nowhere.