Post
Topic
Board Trading Discussion
Re: My story with leverage
by
barbara44
on 17/02/2020, 14:09:02 UTC
To monitor, we have 1000s of way but to eliminate the dangers associated with leverage trading what you have? We cannot simply go forward it is a high risk -high reward way of trading. Because, in my opinion leverage trading is kind of unnecessary risk in the greed of high profits when we have sport trading for decent profits with low risk and more importantly with guaranteed peace of mind.

Alerts or reports or any kind of thing will not save you when market do a reverse. When market is complete unpredictable we must need some cushion to wait which is the exact thing leverage trading is not providing. No one could predict exact turning points to enter and to exit and when this is true, it is always highly recommended to stay away from leverage trading regardless of how advanced tools or apps are equipped with.
That is why I compare leverage trading with gambling. We can see that a number of greedy people usually go for leverage trading with the greed to have immense profits in minimum time interval but with those huge profits comes huge risk. Leverage trading might even make our entire wallet balance to "ZERO" overnight if the price continuously moves in the opposite direction.

Crypto markets are high volatile and they might even make a move above $1000 in a single day which might give you huge profits if the direction is on your side but on the same hand you can imagine the risk associated here. Spot trading is always good but would need high capital whereas you can start with a lower capital with leverage trading and this might be a benefit of leverage. If you are wise, you would make huge profits with leverage.