Has your trade stuck into an upward or downward trend? Are you losing a lot in your trade? Has your trade gone in an opposite direction?
Here is the solution! You don't need to close your trade in loss!
1. Decrease the Leverage
Decrease the leverage to half. For example, if the leverage is 20x, decrease it to 10x. Decreasing the leverage to half will double the margin balance and make the ROI half. For example, if the previous ROI was -200%, it will decrease to -100%.
2. Take an Opposite Trade
Take an opposite trade on the same coin and with the same capital you used for the first one. If you're stuck into a downtrend, trade Long and if you're stuck into an uptrend, trade Short. This will decrease the margin balance of your trade to half.
3. Increase the Leverage
Now doubling the leverage will further decrease your margin balance to another half (the margin of $100 will now be just $25) This will save you from a big loss or can even give you some profit too.
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