I read a lot of articles about leverage today and none of them gave really good advice, so what to do with this leverage
So today, as an example, you can take any chart - they are more or less identical at the moment - strange, but we will not talk about it out loud
For example, let's consider the fresh $BNB chart and suppose that
you feel that it's time to go long, but you are not sure whether the price will go in your favor
you can open a position at level 656 with a leverage of 10-20x, let it be $10 - and you are ready to risk all $10 - this will allow you to set a stop quite far below
the price first went up and went down, below the previous bottom, but did not go far and returned to your opening, drawing a beautiful reversal fractal, which leaves you with no doubts
here you can increase leverage, for example 50X, and open a larger position with a stop closer
changing leverage for an already open position is one of the most remarkable advantages of Binance - this is not available on any forex platform and not on all crypto platforms
