#TradingMistakes101
Excessive use of leverage: The sword of Abu Hadeen!
Leverage is like a magnifying glass: it amplifies everything!
Earn a lot? Yes! Lose faster? Definitely!
You have 1000 riyals and use 10x leverage? It's like trading with 10,000.
Nice? Maybe... but if the currency drops by 10%? You lose the entire 1000!
The problem? Many use it while being beginners, thinking they'll become rich in a week.
The result? Zeroing the portfolio faster than the blink of an eye.
Leverage is not a game, nor a weapon for beginners.
Start small, learn, and if you become a professional... then decide to use it, and with caution!