In the past few days a lot of people lost money, huge amounts of money trading Futures

A lot of People lost huge amounts of money shorting and going long on $PNUT , the market was highly volatile

If you didn’t trade futures this period, you did a great job 👏 - sometimes spot traders win much more than futures traders

$WIF got to as high as $4.8 and it liquidated a lot

Of short sellers, seeing $WIF as at $4.8 a lot of traders placed long positions expecting WIF to hit $5.00 or break even

Today, WIF is trading at $3.57 and a lot of money lost

One thing about futures trading is you can be making profits steadily but one mistake, you lose everything and this is what happened recently to a lot of futures traders

Do you relate ?