RE: BTC hits $3,500!!! lets go over some charts, and discuss Simple & Safe trading

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BTC hits $3,500!!! lets go over some charts, and discuss Simple & Safe trading

in trading •  7 years ago 

Hi Luc, have you ever played around with leverage? If so, what has been your experience/thoughts on it? I know most of us are newbs and leverage is more risk but I am curious about your thoughts on it. Thanks

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7 years ago by

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      ·  7 years ago (edited)

    In the stock market I have margin accounts, which gives me 3:1 leverage, and allows me to short if I want.. And I do occasionally short, but I never use the leverage, I always have only traded with my own size account. I would hate to be margin called, and have my broker close positions on me. I prefer to trade my money, why be in a rush to trade big? With 10-50% gains on most trades, you will be big in no time, there is no need to up your risk prematurely.

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