Margin trading can be risky if you have no expirience and start to trade with high leverage (100x)...For starters,it is better to use 2x to max 5x leverage,and good indicators...because,margin trading is liquidation game,and whales know that
Good advice! Margin trading is like gambling. You have to manage your will to avoid losing money for nothing. Start from the small leverage such as 2x to 5x is a good strategy. However, this is just the temporary plan. Don't treat margin trading as a profit-making method. You know it! There's nothing such as easy money!
In general, margin trading is usually very risky and not recommended when participating in this market. However, there are many people who prefer to choose this trading method because the profit is often very large and, if lucky, can reach x2 or x3 assets. Of course, the high profit, the risk will also be very high because if not careful, you will lose all the assets you have.