I think one of the biggest risk issues is probably the fact that the leverage is actually part of the contract and it is fixed. Increasing or decreasing the amount of leverage used can be one way increase or decrease risk, but this form of risk control isn't really an option for futures traders.
So while you might think loads of different types of products (such as forex, which can have absurdly high permitted levels of leverage with some brokers) carry the risk of leverage, futures are slightly different in that you have less control over the gearing.
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Futures markets exist for the purpose of transfering risk from people who don't want it, to people who will carry it, obviously for a reward.
In order to succeed at this you you need to not only welcome risk but to embrace it with both arms, it is our stock in trade. Leverage is one of the few places that we (the peons) can get free money and for any amount we require for the size of our business, all we have to do is put up the deposit. If I want to expand a regular business and go to the bank to borrow the funds, and if they give it to me, it won't be for free so now in order to make a profit I must first overcome this cost and still at some point repay the loan. If you are a competent risk manager, what is there to not like about leverage, the more the merrier.
The only way to both profit and remove risk is to find a greater fool, because after all who else but a greater fool will accept the risk without the reward, and we are the last on the food chain. By not recognizing their place in the system most punters end up chasing unicorns in the form of delusional thinking, they believe that they can remove risk by predicting the future. As a young child I believed in what I saw and people told me, such as wizards and scorcerers, mind reading and people able to see the future, as an adult I understand that none of it was real, and yet many appear to have never let go of their childhood fantasies. No doubt I will get flamed for this opinion, after all many really enjoy the delusional state and how dare anyone shake their tree.lol
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