So I stumbled upon this video last night, and it was hilarious
Especially cause I was in similar situations on numerous occasions.
Long story short, a trader from Youtube made around $50 000 in the last few weeks
While on a live stream, he decided to margin short Apple on 25x leverage 🤔
How did that go? Check it out for yourself...
Few important for life messages, we can extract from his missplay
Don't risk to lose what you can't afford to lose. Obviously :D
If you got lucky to make 50k in the stock market, don't be crazy, buy some fucking Bitcoin!
Always buy the dip!
When the market is bloody and traders are fearful... that's your ticket to success
If you look closely to the end of the video you'll see he bought in at the very peak, even thou at first it looks like he bought at the right moment
Technical analysis wasn't right that day. :D Lol
And the last message would be: There is no fucking need to do margin trading on 22x leverage, yes the potential profits are humongous but potential loss will hurt like a motherfucker! Lol