Quote from: LUCKMCFLY on December 16, 2021, 03:01:35 AM

Quote from: dlightag on December 06, 2021, 06:26:19 PM

The most problem trader has is greed, and I was a victim of that one time ago, where i lost thousand of dollar to become rich quick, trading with a very high volatile market, which has been a part of be lesson for exposing my entire account. Having say that, i went ahead for knowledge to learn risk management on a trade and also having experience trader around. Which i have two key points of my trading pattern, leverage used and entry points, always be in my mind.

Well that is something that can be beneficial for many who are just entering the market, there are some who make a leverage with up to x100 as allowed in Binance, that for me is like a double-edged sword, in my case the most that I I have leveraged it is x10 and the truth is I am very scared, because I am not used to it, and it is very easy for them to liquidate the position, it is very dangerous, I prefer normal trading that you just have to wait or go short with the minimum required, Maybe this way the money is more protected, at least for me I see it that way. Leverage represents a great risk.

When everyone else is struggling by following the same things then you must try to look beyond it in order to succeed.