Futures trading provides potential for high rewards but comes with significant risks. Leverage can amplify gains or losses. Market volatility leads to price swings, impacting profits. Margin calls require additional funds to cover losses. Liquidity issues can affect entering or exiting trades smoothly. Understanding the market, managing emotions, and staying informed are crucial. Counterparty risks exist despite clearinghouses. Approach futures trading cautiously, seek advice, and prioritize risk management for successful trading.