The issue I have is not so much bad calls but getting scared
I will go in with 10-20x leverage and see my money drop like a stone be down 20% and exit only to see it climb back up and hit the TP or climb higher
This has happened three times now.
Seriously with this high leverage? I know that the profits may be very high, but this means also that the risks are also very high.
Actually, trading with leverage in the Future trading is a high risk. We cannot deny that not all people are able to work on it because this relates to certain complex things. It is not only about how much we can earn but also how much we can probably lost. There are some carts that must be abalyzed carefully, withs mart decsion when taking the position, taking good chcoie of LONG or SHORT in the right time. ANd using wise levergae that will fit to us, not force to get high profits.
For the use of leverage, I would not go too far, it is risking a lot, but I have learned something, that when you go short it is good to go with good leverage, you can play with up to 20% if possible, but I think there are things how to leave in LONG without leverage, just for the simple reason that in LONG it is more expensive to do it, while in shrot it is cheaper, and I think that it is always fulfilled, for me these things have always fascinated me and I want one day to handle so much money to save my positions and protect them with leveraged longs and shorts, that's my goal in trading, I've only seen this and read it in books.