Has futures Trading gotten easier now?

SonofOlympus

Registered Member

Aug 26, 2023

99

27

• Oct 8, 2024

• #1

Futures trading is pretty stressful with the need to pay complete attention to it especially when you are trading with higher leverage. That is why I was pretty impressed when I saw that an exchange launched a product that allows people to trade, copy trade and bot trade futures using DCMI30 for up to 10x leverage. I wonder if you guys have seen the article about it, if you have I'd appreciate some clarification on it.

 

S4LTED

BANNED

Apr 23, 2024

15

10

• Oct 8, 2024

• #2

Ive played around with leverage, but it’s pretty much gambling when doing so with an already extremely volatile asset like cryptocurrency. I occasionally do some spot trading for fun, but for long term gains I just simply do a steady DCA into BTC.

I would advice anyone going into leverage trading to do so with money they can comfortably afford to lose, it’s a risky venture.

 

Deals2Pro

Junior Member

Jr. VIP

Jul 25, 2024

120

31

• Oct 8, 2024

• #3

In my opinion, no, futures trading remains high-risk despite better tools/apps. While access is easier, success still requires deep market knowledge, strict risk management, and emotional control. Most new traders lose money - it's not a reliable "easy" income source.

 

Liqu1d

BANNED

Apr 30, 2024

15

9

• Oct 8, 2024

• #4

If anything it has gotten harder, it’s a very manipulative market controlled by whales.

 

deppo

Elite Member

Jr. VIP

Oct 2, 2022

1,584

2,852

• Oct 8, 2024

• #5

Liqu1d said:

If anything it has gotten harder, it’s a very manipulative market controlled by whales.

Click to expand...

It does not matter how manipulated it is. This is a cope phrase used by losing traders.

You just need to understand technical analysis, like price action, candle patterns, market structure, indicators so as to align yourself with the winner traders most of the time.

 

demibastcrypt

Newbie

Sep 9, 2024

30

8

• Oct 10, 2024

• #6

Yes, I saw the product yesterday. It's from Bitget, right? The GMC130 tool is designed to give traders an extra edge. I’m currently checking it out, so let's see how it goes. Tools like this can help, but they can’t fully protect traders from major market manipulation. Hopefully, in time, we’ll find a solution for that.

 

nibancekomiba

Junior Member

Sep 21, 2024

102

23

• Oct 10, 2024

• #7

Or you can automate your trading strategy using a trading robot. They can execute trades based on predefined algorithms and help you manage your trades even when you are not actively watching the market.