My First Experience with Futures: Mistakes, Lessons, and Hope for the Future
This week, I decided to try my hand at futures trading. I deposited around $20 and started cautiously — using 5x, 10x, and 15x leverage. Everything seemed to be going fine at first. I wasn’t rushing and tried to keep a clear mind. But at some point, I lost my patience…
I started opening positions with 50x and even 125x leverage. That’s when the real problems began — my balance started disappearing right before my eyes. Before I knew it, my account hit zero.
This experience made me reflect a lot. I realized that in futures trading, you can’t rush. You need to enter trades with a clear understanding of the market, a solid strategy, and most importantly — use stop-losses to prevent major losses.
Now I plan to take a break, save up a bit more, and come back — this time with more knowledge, experience, and a disciplined approach. I still believe my “futures career” (if you can call it that) has potential for a positive outcome.
The main thing is not to give up or get discouraged. To anyone who’s just starting or learning — stay patient, keep a cool head, and good luck!
Best wishes,
Ihor
