๐I will tell you my story in the trading world.
At the beginning, I entered the trading world hoping for long-term investment. I only bought currencies because I heard advice from people about diversifying among currencies. I bought around 30 different assets, but the shock was that all the currencies I bought dropped more than half of their value completely. I felt extremely frustrated about why I entered this world of investment.
But I thought of something else: since all currencies are dropping, why not enter ๐๐into futures contracts for selling trades ๐๐?
Indeed, I gathered all my capital and entered into futures contracts for selling trades in the hope of making a profit, and the shock was, for the second time, the huge loss of all my capital.
In the end, I do not recommend trading futures contracts because they will drain all your capital.