Going long at 5萬點 and averaging down to over 10口
A netizen who has invested in stocks for 3年多 and in the past only bought ETFs without ever using margin tried futures trading for the first time in 10月, and posted on Dcard on 31日 titled “畢業，再也不碰期貨了”. He said he went long on the index when the market was at 5萬點, continuously averaging down and adding long positions to accumulate over 10口. He admitted that, not wanting margin stuck inside to affect his mood, he deleted the trading App after cutting losses and declared he would never touch futures again. The post sparked heated discussion among netizens.
Near- and far-month contracts fully closed with total loss of 63萬8750元
According to the trading records posted by the netizen, 13口 of Micro TAIFEX Futures 2026年11月 contracts were sold with a net loss of -59萬5920元; 1口 of the 2026年12月 contract was sold with a net loss of -4萬2830元, for a total loss of 63萬8750元 in TWD products, with both near- and far-month contracts fully closed. The OP mentioned he had a palm reading by a teacher last year, who warned he might suffer a major financial loss. Although he does not believe in fortune-telling, he still wore gold jewelry hoping to ward off the bad luck. He never expected that after investing in stocks for 3年多 buying only ETFs and never touching margin, he would suffer a large loss this month from trying to learn futures.
Once up 2萬 but did not exit, netizens point out stop-loss is key
The OP later revealed in the comments that he was once up about 2萬元 but did not exit, and losses gradually widened afterward. Many netizens believe the biggest difference between futures and stocks lies in leverage and risk control, commenting that the dividing line between futures and stocks is that averaging down and holding losing positions leads straight to graduation, and buying futures like stocks will surely lose. Others reminded that beginners new to futures should trade conservatively, and when things look wrong should add sufficient margin or reverse to short, not add long positions. Some netizens said the OP lacked skills in judging trends and setting entry-exit rules, and that it was not a one-time loss of over 60萬元, but a small loss that grew because he refused to admit mistakes in time and tried to average down while waiting for a rebound, suffering even larger losses instead. Stocks without leverage can be averaged down while waiting to break even, while futures suit traders who dare to admit mistakes and stop losses. Investors should make independent judgments, evaluate prudently and bear their own investment risks.