At 50x leverage, a move of around 2% against you can wipe out a position fast.
The mistake usually happens before the trade even starts, and most people day trading crypto don’t realize what they’re doing wrong until it’s too late.
If you’re learning how to day trade, understanding high leverage and risk management can be the difference between staying in the game and blowing the account.
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Not financial advice. Do your own research. Results are not guaranteed.
