4. Start Small and Increase Afterwards
One error beginners make when they start trading futures is they want to go into the market like professionals. The professional you are looking up to took years to become good at what they do in the futures market.
Learning the exact things that work in futures trading will take time, so there is no need to rush. Instead of trading five or more contracts when you are just a beginner, you can start with one of two futures contracts and then increase them with time.
Consider downsizing your futures contract to accommodate your budget. You can go for exchanges that offer micro E-mini futures products.
