I Thought I Mastered Leverage—Then the Exchange Took Everything
I remember the first time I touched 20x leverage. It felt like I’d unlocked a secret weapon—precision, power, and potential all in one click. In hours, I doubled my account. In less than two days, it was wiped to zero. I wasn’t unlucky. I was outmatched. The exchange knew exactly how I’d behave—and it designed the battlefield around it.
Leverage isn’t a shortcut. It’s bait. It dangles a fantasy of speed and scale, then springs the trap the moment emotion enters. The liquidation engine doesn’t wait for logic. It feeds on hesitation, hunts for predictable stops, and exploits volatility it often manufactures. What looked like my strategy was just a rerun of the same script every trader plays out—until the platform pulls the plug.
No trader wins long-term in this arena. Not because we lack skill, but because the exchange is the architect of loss. It builds the rules, manipulates the moves, and profits from every mistake it already calculated you’d make.
The real edge? Knowing you’re not supposed to win—and walking away before they reset the trap again.