โMy First Futures Trade: How I Made $295 in 2 Hour โ And Why Iโll Never Trade Futures Again!โ
๐ฅ My Real Futures Trading Experience โ Must Read for Beginners! Today I tried Binance Futures for the first time. I transferred just $20 to my Futures wallet and opened two short positions($10 for each trade) with 20x leverage: $pippin & $AIA I closed $pippin with a small profit, and again re-opened the trade after a few minutes, and within 2 hour, I made $295 in total profit.
Yes, the profit was bigโฆ But the lesson was even bigger ๐
โ ๏ธ Futures Trading = Extreme Risk
โ One wrong candle can wipe out your entire balance.
Now I finally understand how whales and big institutions make so much money โ because millions of innocent traders lose their funds in Futures.
So from today onward: โ I will never trade Futures again. And I strongly advise all beginners: โ Trade Spot only โ Try Binance Alpha if you want fast but safer gains
Alpha gives you speed + learning + no liquidation dear. Futures only give stress, liquidation, and loss/Proft.
$BAS is waking up....๐ฅ Yes, itโs been through some nasty dumps โ many of us felt that pain. But thatโs the past. What matters now is the current move. This coin may lead the alpha leaderboard for two days. what do you think guys...๐ค
$GAIX please avoid this scam coin. look at the no. of holders. they already distributed more than 95% of total supply to their investers, institution and whale.