#TradingTypes101

As I like to say so often, I'm not an expert. Here's my thought on what I've learned so far. I have tried spot and futures training but not margin. Spot trading needs substantial amount of money in order to make meaningful amount of profit. Otherwise, it's useless for small traders like me. In short, it's only useful for the already rich. Its upside is its much safer than the other types. It's a low risk and low reward training. On the other hand, futsure trading is very risky. You can get liquidated very easily even if yu have lots of money in your account. If you get good at it, its potential is limitless. It can change your financial situation dramatically for the better or for the worse.