The trap of high leverage and the absence of a stop-loss
"My buddy celebrated his LABUSDT trade (image_0.png), thinking the price would hit 30. He's dreaming of that luxury life.
But I looked down and was shocked. He didn't have a 'stop-loss'! He doesn't realize that even a slight dip of 5% could wipe out all his funds due to that 20x leverage.
Is he really ready to risk it all? Learn risk management before it's too late. ❌📉🤔💡📖🤯🤑🚨🏃♂️💥"
$LAB
"My buddy celebrated his LABUSDT trade (image_0.png), thinking the price would hit 30. He's dreaming of that luxury life.
But I looked down and was shocked. He didn't have a 'stop-loss'! He doesn't realize that even a slight dip of 5% could wipe out all his funds due to that 20x leverage.
Is he really ready to risk it all? Learn risk management before it's too late. ❌📉🤔💡📖🤯🤑🚨🏃♂️💥"
$LAB