Replying to Avatar Inner Circle Nostrich 🔮

Of course, as I was telling the other friend. This account is for learning the art of trading; a lot of the resources I post here are for that, and I usually use a lot of memes. That's what I meant with the post about the bull being hunted. Leverage has killed more people than it has saved. The alternative of DCA with stacking sats is always the most recommended for the average person. But let's also make time for some laughs! 🔮
Avatar
ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

i used leverage to much effect on forex back in 2008 in the early days of EUR/USD but the volume on that shit was so high the volatility was so low you could literally just scalp it all day long without probems if you kept your exposure under 10% and used trailing stops

what i was in the process of learning when that shit blew up was bitcoin is not liquid enough for this scalping/trailing stop strategy and i got rekt

Reply to this note

Please Login to reply.

Discussion

Avatar
Inner Circle Nostrich 🔮 1y ago

Wow, 10% exposure is a lot. I use 0.25%-0.5% or in a A+ setup maybe 1% top. And get rekt is part of the process of learning friend 🔮