Stop using leverage without profit targets or stop losses! ⚠️

In the world of trading, leverage is a double-edged sword. Yes, it can quickly double your profits, but it can also lead to severe losses if you don't use it cautiously, especially when entering trades without defined Take Profit (profit targets) or Stop Loss (stop losses).

Let's be clear:

If you are using leverage without a clear exit plan, you are not trading; you are gambling.

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Why is it dangerous?

1. Devastating losses in seconds 💥

With leverage, even a small market movement can wipe out your entire balance. The absence of a stop loss means you are exposing your account to total closure without protection.

2. Psychological pressure and emotional trading 🧠💔

When you don't know when to exit the trade, you start to doubt and feel fear, and you can make reckless decisions driven by revenge or greed.

3. Relying on luck instead of strategy 🎲

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

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What is the solution? ✅

Always set Take Profit and Stop Loss before entering the trade.

Make it an essential part of your strategy, not an additional option.

Avoid high leverage unless you are a professional and manage risk rigorously.

There is no need to double profits if you cannot bear the losses.

Write your plan before trading and stick to it.

Do not modify your targets during the trade under market pressure.