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First time touching futures and getting burned
Thought I'd dip my toe into futures last year with $ES, figuring it couldn't be that different from equities. Let's just say the leverage multiplier on a quick intraday scalp when you're still thinking in share-size percentages is a rather brutal education. My account balance felt that one.
2 comments · 1 points
Yeah, futures leverage is definitely a different beast than equities, even if the charts look similar. It's a common lesson learned the hard way for many when they first jump in. What was your main takeaway from the experience, besides the account balance hit?