PNUT's current price trend is already above water. After experiencing a rather obvious wash yesterday, it successfully broke through the pressure level corresponding to the 2-hour line.
We must be clear that in the bull market, there are still many people who are in a state of loss. These losers generally have a characteristic, that is, they particularly like to use larger positions to start high-leverage transactions.
You know, once the market has even a slight correction, it will be difficult for them to withstand the pressure brought about by it. In this case, they often have only two choices, either to stop loss and exit quickly, or to be forced to close their positions by the market.
The result is that you may wake up and find that the price has not changed much, but your position no longer exists.
So, the possibility of losing funds by operating with high leverage in the market is very high.
After all, things like small risks for big gains should originally be a gradual and step-by-step process, but you must not blindly carry out the Stud operation without a plan at the beginning. The risk of doing so is too high, and it is easy to put yourself in an extremely unfavorable situation.
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