Reminds me of a (very good) trader I once met; he waited waited and waited for the best setup and went all in....SL =margin callRplusT wrote: Sat Jan 29, 2022 12:47 pm Meyney, the reason why people are looking for leverage is, most of the traders haven't got sufficient funds and thus use leverage to place some decent trades. And this is also the very same reason why the majority of traders don't make it. If the trade or more than one goes against them, their account is gone. I don't pay attention to percentage profit statements because this also depends on the size of the funds one has got. If I have got a 1000 $ account and make 200 $, it's 20%. Looks impressive, but generally it just means I made some profit. Need to do that consistently.
