đ§§đ When you open a high leverage trade, the only thing on your mind is usually:
âHow much money will I make from this trade?â
And honestly, thatâs a totally fine thought.
But you also need to think about it the other way:
If this trade goes against me, how much money can I lose? Can I actually bear that loss?
People only think about the âhow much will I make?â part.
Then, when the trade starts going against them, they start to freak out.
Think about the risk before you enter the trade, not after.
âHow much money will I make from this trade?â
And honestly, thatâs a totally fine thought.
But you also need to think about it the other way:
If this trade goes against me, how much money can I lose? Can I actually bear that loss?
People only think about the âhow much will I make?â part.
Then, when the trade starts going against them, they start to freak out.
Think about the risk before you enter the trade, not after.