Most of the new traders do one big mistake which ends up loosing all the portfolio holdings and back to zero. That big mistake is HIGH LEVERAGE.
High leverage is when you have $100 in your account and your position size is $1000 and more. Imagine you making $100 profit on a sudden pump, think other way, you loose $100 on a sudden dump and wash your account.
Solution: chase for $10 and if trade goes wrong you only loose $10.
Stop gambling and Start trading.
High leverage is when you have $100 in your account and your position size is $1000 and more. Imagine you making $100 profit on a sudden pump, think other way, you loose $100 on a sudden dump and wash your account.
Solution: chase for $10 and if trade goes wrong you only loose $10.
Stop gambling and Start trading.