Post
Topic
Board Altcoin Discussion
Re: SIMPLE ADVICE TO ALL NEW TRADERS
by
ned.ryerson
on 30/07/2020, 07:42:43 UTC

Exactly! when I was new in leverage trading the first mistake I made was using high leverage because of that I lost a lot of bitcoin it's only later I understood higher leverage equals lower liquidation price. We should always take ladder entry with low leverage IMO. Also, do not just blindly open a position without understanding the market.
leverage is important, but I generally do not recommend anyone to trade with leverage if a person is not a professional trader and has less than 10 years of experience in trading