I however have noticed some youtubers showing their trades they have running for months , like im talking 3- to 7 months im not kidding.
Please ignore youtubers.
So i dont really get it, unless maybe there is a general rule as not to use a certain level of Leverage?
So maybe minimum is 3x ? and like u say not more than 2 weeks maybe ?
Sometimes though if they say its really a long term trade , and we have to wait on market movements, then would 3-4 weeks be considered fine?
If you want to do some trades for a long time, more than 2 weeks, please do it with spot trading. I rather leave my leverage trade position over 24 hours. Profit or loss or draw, I exit my position. I do try to make a draw or small loss when I exit but the point to do this is control risks. You can see that indicators change by time and undoubtedly that they are manipulated. The longer you leave your position opens, the longer indicators have time to change. Your risks consequently will become bigger.
You do have some positions give you big profit but some of them will give you huge losses.
Leverage, I don't use more than 5x and I mostly use 2x