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Full Margin Is Not Wrong – Wrong Is How You Bet All Your Capital
At 2 AM, a voice message sounded with a worried tone: 'I opened a Long order of 10,000U with a 5x leverage, the price only dropped by 4% and the account was wiped clean, why is that?'
After reviewing the transaction history, the reason became clear: all 9,800U was put into one order, with no stop-loss. Many people always think that 'having a large capital means taking risks better', but in reality, it's the opposite — just a small fluctuation can wipe out the account.
After reviewing the transaction history, the reason became clear: all 9,800U was put into one order, with no stop-loss. Many people always think that 'having a large capital means taking risks better', but in reality, it's the opposite — just a small fluctuation can wipe out the account.
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