Jez Sees Perpetual-Futures Market Growing About 10x Despite Leverage Risks

Jez, a co-builder of Papertrade, said the perpetual-futures market could grow about 10 times while warning that leverage can turn a correct market view into a losing trade. “The problem isn't direction, it's variance,” Jez said in an interview published Oct. 9. He said most retail traders should avoid derivatives, keep stable employment and use wages as capital while developing investment ideas. An investor using 8x leverage, he said, can lose money when random price movements trigger losses or liquidation, even if the broader market direction is correct. Jez said traders should focus on opportunities they understand deeply.

Source: TokenPost