Post
Topic
Board Trading Discussion
Re: Trader took his own life after the recent huge dump
by
cryptolord2077
on 02/08/2021, 21:24:01 UTC
Absolutely right. Trading with leverage is always roulette if you have little experience.
It is good if you lose money immediately, much worse if you are lucky several times and consider that you understand how the market works and begin to make bolder moves, make larger deposits. The result is painful as always.

there are many such incidents, where novice traders have made a profit several times, and finally consider trading easy, so they dare to make a topup deposit. without him knowing that his arrogance and greed are the beginning of the great loss he will receive, and finally frustration befell him

As a rule, such cases of profit for beginners occur when the market moves up, the uptrend forgives mistakes and allows even those who understand little about trading to make money.
Therefore, it is best for a beginner to learn how to trade during a bear market, this is the most difficult and most rewarding p