That's true with leverage like that you won't survive a long time.
You must think in long term, with leverage off 1000, one day or another you will crash. And it will ruin your efforts.
You are absolutely right!
High leverage trading with low equity == quick and painful account death
Nothng can be more truth than that
Man. Incredible. Spammers trying to talk in people to lose the little money they have
They became spammers after using high leverage on a low equity
I don't think that he traded at any leverage. Otherwise he would know how dangerous is what he is talking
an interesting video on leverage and other stuff
worth a watch if you have nothing better to do on a Saturday afternoon
Everybody should watch this before starting a live trading
For those that are not going to - one sentence quote :
And we are having spammers promote 1:500 up to 1:3000
thank you man for the link
It does not matter what are you going to tell to people. They will not do their math. And they will always look at the wining side only. People are never going to ask themselves why aren't they rich already if they know the "secrets".
It is all the usual story : I want it all and I want it now. Patience s not what people want. And with high leverage they all just see high numbers, not the low (negative) numbers which are much more frequent than the positive