The Deadly Traps of Leeks, 99% of People Fall for It!

1. High Leverage Full Margin

Newbies are enthusiastic about high leverage and love to go all in, but their account margin can't hold up, leading to liquidation in no time.

2. Greed and Lack of Stop Loss

When in profit, they are reluctant to sell due to greed, watching their gains shrink or even go to zero; when in loss, they are unwilling to cut losses, resulting in even greater losses.

3. Blind Position Management

Putting all funds into one trading asset when opening a position; once trapped, even if they find other potential contracts, they have no money to operate.

4. Mindless Following the Trend

Seeing others making big money with high leverage, they impulsively invest all their funds, wanting to get rich quickly, but often end up in a terrible situation.