You are viewing a single comment's thread from:
RE: Road to financial freedom - Understanding Leverage
Trading margin is tricky because it pulls in more emotions into your psyche when you are leveraged 5X 10 X
Trading margin is tricky because it pulls in more emotions into your psyche when you are leveraged 5X 10 X
Definitely different people will handle emotion differently. For me i have a really small appetite towards trading volatility, so if i am trading something very volatile i will use 0 leverage and try to make my portfolio size as small as possible. But i would leverage on other assets and i will discuss that later.
Right volatility based position sizing something Wall Street doesn't want to know about and I love asymmetrical bets!! MCD LEVERAGE OK .. .Ripple NO LEVERAGE NEEDED PR BITCOIN
No doubt, it is like committing suicide if one do not know the volatility of the underlying asset and take crazy leveraged direction bet because greed take over. I really like cryptocurrency, because the upside could be very high which mean you can place small bet and ride with the volatility ans hopefully bull market lasts.
Well said going to read through your blog today so look for comments 👍
Cant wait :)