Quote from: ned.ryerson on July 30, 2020, 07:42:43 AM

Quote from: peterlustig on July 30, 2020, 07:28:29 AM

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

True. I would never suggest any newbie to start leverage trading because you can lose money as easily as you can gain money. There are tons of YouTubers claiming you can easily make money using leverage trading but they are just trying to up their referral count so that they can make money.