#новости Useful 🤔
Futures Trap
Topic: Why beginners should avoid trading futures.
If spot trading is like driving a car, then trading futures is like flying a jet engine without a license. This is the most common way that new traders lose 100% of their money in seconds.
1. The danger of leverage
Leverage allows you to trade with money you don't have.
Mathematics: If you use 10x leverage, a small price drop of 10% equals a 100% loss for you.
2. Liquidation: The point of no return
In spot trading, if your coin drops by 50%, you still own the coin. You can wait years for it to recover. In futures, if the price hits your liquidation price, the exchange takes your money and closes your position. Your money is gone forever.
3. The house always wins
Exchanges charge "Funding Fees" every 8 hours to keep your position open. Over time, these fees eat into your balance. Additionally, "Whales" often cause sudden price spikes specifically to reach liquidation levels.
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#open #NEO