Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again.
Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
Mind setting. I use to trade like that, look for high gains but I end up like what you said disaster. So what I did, as soon as the buy order is completed, I place a sell order at 2% profit and move on to my other trades with the same target only. I find this much easier and trade will take a shorter period of time than aiming for higher profits but ending up in loses.