Emotional instability? Don't touch leverage
Using leverage is not wrong, but operating during emotional turmoil is digging your own grave.
Panicking and closing positions in fear, recklessly adding to positions in greed, the outcome is always liquidation.
Those who cannot control their positions will not need the market to punish them; they will self-destruct.
Leverage is a double-edged sword: when calm, it helps amplify your gains; when impulsive, it can reduce you to zero in a second.
