Stop Using Leverage Without Profit Targets or Stop Loss! ⚠️

In the world of trading, leverage is a double-edged sword. Yes, it can quickly multiply your profits, but it can also quickly lead to severe losses if you don't use it carefully, especially when you enter trades without setting a Take Profit or Stop Loss.

Let's be clear:

If you use leverage without a clear exit plan, you're not trading, you're gambling.

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Why is it dangerous?

1. Massive losses in seconds 💥

With leverage, even a small market movement can wipe out your entire balance. The absence of a stop loss means you're exposing your account to complete liquidation without protection.

2. Psychological stress and emotional trading 🧠💔

When you don't know when to exit a trade, you start to hesitate and fear, and you may make rash decisions out of revenge or greed.

3. Relying on luck instead of strategy 🎲

Successful trading is built on clear plans and logical analysis, not on hoping the price will "bounce back."

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What's the solution? ✅

Always define your Take Profit and Stop Loss before entering a trade.

Make them an essential part of your strategy, not an optional extra.

Avoid high leverage unless you're a professional and strictly manage your risk.

There's no need to double your profits if you can't afford losses.

Write down your plan before trading and stick to it.

Don't adjust your targets during a trade under market pressure.

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Conclusion 🧩

Trading without a stop loss or profit target is a surefire recipe for losses. Don't use leverage as a shortcut to zeroing out your account. Be a professional trader, not a gambler.

Stick to your strategy, be disciplined, and approach each trade as if it's a battle requiring a well-thought-out plan.