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51192715 No.51192715 [Reply] [Original]

I just traded using leverage for the first time in my life.
It felt like I made a pact with the Devil the moment I clicked the button, as if I just agreed to sell my soul. Even though I manage to end up in profit it still felt deeply wrong at the core my being. Like I just had raw sex with some turboaids crackwhore.

How the fuck do you anons do this regularly?

>> No.51192762

>>51192715
You will do it until you lose a bunch of money. Stop now anon. Also
>Like I just had raw sex with some turboaids crackwhore
Literally me last week kek.

>> No.51192781

>>51192715
The people who do it regularly end up broke and deranged. Save yourself before its too late and you get addicted

>> No.51192803

>>51192715
You probably felt bad because you just jumped in guessing.
You feel less scared when you do some ta and have stop losses on the chance your wrong. Also don’t leverage insane amounts and that is easier to handle mentally

>> No.51192844
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51192844

>>51192715
You can trade with leverage but just use tight stop losses. Borrowing isn’t necessarily a bad thing, just be responsible.

>> No.51192877

>>51192715
Only every use lev when you're making a safe bet and set your stop loss accordingly.
Using lev on risky trades without stop loss is like rolling a 50 sided die with only 1 side turning a profit and the rest either resulting in small to insane losses.
It's good that you came out on top this time, but DO NOT EXPECT THAT TO BE A REPEATABLE PERFORMANCE OR YOU WILL LOSE ALL OF YOUR MONEY.

>> No.51192997

>>51192715
Learn to fold while you’re still safe. The House always wins

>> No.51193402

>>51192715
unironically quit while you're ahead

>> No.51193493

>>51192715
Everybody is 110% right on this.
DO NOT TRADE WITH LEVERAGE.
YOU WILL LOSE IN THE END.
YOU WILL GET BURNT, YOU WILL GET REKT.

But if you must, stop enriching the kikes on FTX or the chinks on binance and us www.gains.trade instead and enrich me.

Thanks!

>> No.51194143
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51194143

Dangerous road you are trailing there anon not gonna lie. Veeery easy to get fucked.
>How the fuck do you anons do this regularly
I don't. I thankfully don't need leverage for my trading endeavours.
Only tip I can give you is to keep your eyes open, read the Telegrams every once in a while, and use Dextools to make sure you are reading the latest charts. Trust nobody else. Good luck anon may God be with you.

>> No.51194162

>>51192803
TA and research is not what it used to be, anon. Perhaps I'm just still wet behind the ears after all these years, but nowadays things feel way, way more chaotic than ever.

>> No.51194176

>>51194162
Sure thing, you can still DYOR and this and that but prices seem to move at odd intervals. Only very obvious indicators seem to connect us and crypto (X event is going to happen soon, X crypto related CEO did Y thing, etc).

>> No.51194194

>>51194143
T-Thank you for the tips anon...

>> No.51194218
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51194218

>>51194143
How I envy the rich.

>> No.51194248

Ignore all these low test betas who will tell you not to trade

They will never make it, they dont realize this isn't 1980 - 2020 anymore

>> No.51194271
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51194271

>>51192715
>It felt like I made a pact with the Devil the moment I clicked the button

You did

>as if I just agreed to sell my soul.

Thanks for the soul chud

>> No.51194285
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51194285

>>51194143
>dangerous road
No?
You can always do>>51192844
>>51192803
Not hard

>> No.51194309

Did you shorted or did you longed, Anon?

>> No.51194422

>>51194309
my peepe lolnged,