Regarding the second point regarding leverage, this is a vital thing, the greater the leverage, the greater the risk of loss. Coupled with the use of large margins. This is also very risky. When it comes to futures trading or margin trading, the greater the leverage and margin will increase the risk of loss, but if we talk about profits, the greater the leverage and margin, the greater the profits we will get.
Implementing SL is very helpful in minimizing losses. And the strategy in entering the market is also very influential where we decide to place a position in the price range. If we carry out analysis haphazardly and enter positions haphazardly and blindly to trends, I am sure this can also result in continuous losses.