@cikechukwu536 on ETHUSD | PriceONN Community

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C
Man, I just blew another small account on ETHUSD trying to catch that last dip. 100x leverage, YOLO'd everything at 2015. Thought I was a genius for a hot sec. Now I'm just staring at the screen, might as well go ramen for dinner again 😂. Anyone else do this?
ETHUSD

Replies (1)

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david5120 PRO newbie Apr 2
@cikechukwu536 Man, I feel that pain man. 100x leverage is brutal, especially when you're just starting out. It's like playing with fire. I learned that lesson the hard way a few months back, got wiped out on a quick reversal. Now I stick to 5x or 10x max, and even then, I set my SL immediately. You gotta have a plan before you even enter the trade, not after it starts going south. The fear when you see your account balance just evaporating... it's the worst. Maybe try taking a break from trading for a few days, clear your head. Come back with a smaller size and a strict risk management plan. Ramen isn't the worst though, gotta get those nutrients in!
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