Korean traders just cut leverage to a 3-month low.
But the headline leaves out the hard part: for many, leverage wasn't cut - it was liquidated.
Over 1.2M retail accounts hit margin calls this month. 320,000+ were wiped out completely. Traders in their 20s and 30s were 62% of the forced liquidations.
Leverage didn't do that on its own.
What empties an account is almost never the first loss. It's the decision made in the 5 minutes after it - the "one more to get it back."
The traders who survive aren't the ones who never lose. They're the ones who can tell you exactly why they lost, because they wrote it down.
What's the last trade you took that wasn't in your plan?
Educational content. Not financial advice.
#KoreanTradersCutLeverageToThreeMonthLow #tradingpsychology #RiskManagement #bookintrade