Nameline
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What is leverage in trading and why can it leave you broke? 🔥💲
Leverage is like borrowing money from the market to trade with more than you actually have.💲💲💲
If you have $10 and use 10x leverage, you can trade as if you had $100. 🕹️
If the price goes up 1%, you gain as if you had invested $100.💲✨
But if the price goes down 1%... you lose your $10 and get kicked out of the game. Goodbye, thanks for playing.🥲🔥
This is called liquidation: when you no longer have margin to withstand the loss and the system automatically closes your position. ⚠️
Leverage multiplies profits, yes... but also mistakes. It's like running in sandals on the highway: it might go well, but the odds are not in your favor.⚠️⚠️
Direct advice:🫣👋🏻
If you're just starting, better not to even look at it. First, strategy, emotional control, and risk management. Then we can talk about multiplying.
Leverage is like borrowing money from the market to trade with more than you actually have.💲💲💲
If you have $10 and use 10x leverage, you can trade as if you had $100. 🕹️
If the price goes up 1%, you gain as if you had invested $100.💲✨
But if the price goes down 1%... you lose your $10 and get kicked out of the game. Goodbye, thanks for playing.🥲🔥
This is called liquidation: when you no longer have margin to withstand the loss and the system automatically closes your position. ⚠️
Leverage multiplies profits, yes... but also mistakes. It's like running in sandals on the highway: it might go well, but the odds are not in your favor.⚠️⚠️
Direct advice:🫣👋🏻
If you're just starting, better not to even look at it. First, strategy, emotional control, and risk management. Then we can talk about multiplying.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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