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๐ Trading Lesson 72: What is Leverage? โ The Tool That Builds or Destroys Accounts ๐ฅ๐
You see 10xโฆ 20xโฆ even 100x leverage on Binance.
But what is it really? And why do most people blow their accounts using it?
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๐ What is Leverage?
Leverage means you're borrowing money to open a bigger position than your actual balance.
Example:
๐ You have $100
๐ Use 10x leverage โ You control $1,000 worth of crypto
Sounds cool, right?
But hereโs the catch:
๐ป Small price moves = huge gains OR massive losses
๐ป If price moves 10% against you on 10x leverage = youโre liquidated (game over)
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๐ง How I Use Leverage (Safely):
โ I only use 3xโ5x max on clean setups
โ Always with a stop loss
โ Never over-leveraged out of emotion
๐ฌ โLeverage is a weapon โ it can make you rich or leave you with zero. Depends whoโs holding it.โ
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๐ฅ Respect leverage or it will teach you the hard way.
Follow me โ Iโll help you grow with control, not chaos ๐ฏ
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