Is the Futures trading risky?

I m new to this future trading and i heard from my friend, that the commodity exchange is highly volatile and risky. can anyone brief about the risk factor since i m so interested in future and want to start immediately.

lol

one side is risk,the other side is paradise.

your risk is very very low.
and to prove it, I'll take the other side of your trades :-)

Everything has two sides, risky or lucky. Just insist it, you shall succeed.

Yes of course! Never enter a trade because the price is suddenly rising or falling. Always plan your trades in advance. Know your desired entry point, Take Profit and Stop Loss rates before you trade and wait for the right opportunity to arise.

Everything you do in life has risk. With risk comes reward. Volatility is like a double-edged sword. It can work for you or against you.
By having volatility, it allows for large price movements that can create larger profits, but also larger losses. The way to limit your risk is to have the power of knowledge, know what is going on in the markets, and plan ahead of time with your strategy before you enter the trade. One of the most important things about trading is physcology, most people get too emotional and cannot get out of a trade when they are making a profit and end up losing it all, or people don't know to get out when they've already lost what they can afford to lose. Learn basic trading orders such as stop orders and limit orders as well as OCO, and trailing conditional orders.
The best way to learn is by using a hands on method, which means getting a demo account. PM me know if you need a contact or further advise.

Commodity trading is risky because you attempt to make more than 0.2% which is the "risk -free" rate, if something like that exist anymore.

But I think it is less risky than stock trading because except in the case of some commodities that can make several limit moves, up or down, you seldom see futures lose half of their value in one day and never see any go bust like with stocks.

Start here: Futures contract - Wikipedia, the free encyclopedia