#TradingTypes101 Visualization of 3 trading types (spot, future, and margin):
Like a turtle, SPOT trading is steady and simple: you buy or sell assets at the current price, with immediate settlement. No leverage or time pressure makes it safe and beginner-friendly.
Like a fox, FUTURES trading is clever and fast-paced. You trade contracts to buy/sell assets later, often with leverage, requiring vigilance over mark-to-market and funding fees. Stay nimble to seize opportunities and avoid liquidation risks.
Like an eagle soaring on leverage’s winds, MARGIN trading amplifies gains but risks a hard fall. Borrowed funds boost your trades, but a margin call can strike if the market turns, demanding quick action to avoid steep losses.
Image: this is my first time to use SORA, and I must say, it's quite impressive 🙃