Trading futures can be risky, Ilczyszyn said, as it's possible to lose more money than you put into your account.
In turn, Ilczyszyn recommends traders only trade with funds they can afford to lose, which is also known as "risk capital."
"You should not be trading futures with money reserved for necessities, such as housing, food, transportation." Ilczyszyn said. "Work with a seasoned broker to help you develop your risk profile and discuss what asset classes are right for you."