Where did trading start? With rice in Osaka, 1730, on the Dojima market, known as the first organized futures exchange.

Then: 5 to 30% margin. Now: up to 125x, and over $1B in longs liquidated in one day, twice this week.

Plan your exit before you enter. Day 2 next: spot versus futures.

Educational only, NFA.

#trading #futures