For beginners in futures trading, losses often stem from a combination of factors. đ Lack of risk management, including failure to set proper stop-loss orders and take profits at the right moment, can lead to significant setbacks. đž Greed and fear of missing out (FOMO) can cloud judgment, causing traders to make impulsive decisions. đ€đ
Losses in futures trading can sometimes be attributed to the influence of random Square users, who may have access to substantial margins and low liquidation levels. đŒđ° This advantage allows them to engage in Dollar Cost Averaging (DCA) throughout the day without facing significant risks of liquidation. đđ While their strategies may appear successful, it's essential for individual traders to recognize that blindly following these users without understanding their unique circumstances can lead to losses. đ€đž It's crucial to conduct thorough research, develop a solid risk management plan, and make informed decisions based on personal analysis rather than relying solely on the actions of others. đđĄ
