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Futures Trading: The Gains Bait That Leads Where?
25
@emjoe
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1 min read
Yesterday I tried future trading on gate.io and today I woke up with over 60% gain.
I used about $5 and it grew to about $8. That means mathematically, if I had $50 into it or $500 (if I borrowed from someone lol) it will be about $30 or $300 in less than 24hrs.
This really looks cool but the funny thing is that the market can equally liquidate whatever funds therein. I was just fortunate and it wasn't due to my expertise in trading.
Have you experienced such while trading? I'm trading $Cro long at the moment and my sell is targeted at $0.89 with a stop loss at $0.71. I'm hoping it closes soonest to a favourable position.
I will keep you posted, trade safely. Something tells me I will be liquidated though :)