"The trader entered a position in times of fear... and regretted it for a lifetime!" "Yusuf (a pseudonym) was following the market and saw the sharp decline, he decided to enter a short position with the highest possible leverage of 125X to catch the bottom! He told himself: This time I will be rich! But... suddenly the market rebounded! 📈 His account was wiped out in less than a minute 📉 He lost his money, lost his nerves, and tweeted: I don't understand how this market works!
The lesson? The market is not a casino, And leverage without a plan = a potential disaster!
Did he learn the lesson? Unfortunately, it was too late! And you? Are you still trying it yourself? Or are you learning from others' experiences? 👇 Share your opinion!
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