We all know that in the online trading world leverage is important thing in order to increase our earning from the trade we opened, and yeah it makes our earning double or more profitable, but using a large amount of leverage could be very risky and we it can make us lose all our money within less than a minute, i have maid some mistake when i am trading i used a large leverage then lost all my trading money within less than a minutes i will never forget that time in my life. it is a good experience for me.
what is the maximum Leverage you have used when you are trading?
- Thread starter kirubel
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True, most crypto coins price is related with bitcoin and when the price of bitcoin increases all crypto coins price increases, and yeah i also like the btc usdt trading, but i use 22 x leverage most of the times.
It used to seem to me that the more the better, so I started trading x100 and I was even surprised that I lost money so quickly, but now I use x100 only when there is a desire to earn a lot from a relatively small amount, but then when I am confident in my actions and when to lose this amount will not be a pity
Although using leverage allows you to make bigger profits, the risk of loss is also higher. So before you determine the amount of leverage you should consider the uptrend and you can also use trendline analysis. to determine the amount of leverage. So it's not always monotonous, every time you enter the market you will always take the same leverage.
