Few minutes ago, we lost about 35% of our capital on our trade on $WIF and $PEPE and here are things we want to also share with you
👊 Whether you’re a seasoned trader or a beginner, having sufficient capital can make all the difference. A strong capital base gives you the flexibility to achieve more and recover from losses.
For example, even a beginner trader with $10,000 who enters multiple trades using 10x leverage and sets a stop loss of $100 has a 95% chance of being profitable in the long run.
🎖️Have you noticed that traders with $100,000 or more rarely use high leverage? Instead, they stick to smaller margins, such as 2x, 3x, or 4x, with a maximum of 5x. They’re often content with 10%–30% profits and don’t aim for 100% gains in a single trade.
🎃 But a trader without capital will definitely be chasing after 100% - 1,000% and most times,they lose it
What we are trying to tell you is, Capital will help you a lot in this market, work towards getting your bags