Comment on Basic rules of trading

Prakash commented on 26 Jun 2020, 02:45 PM

I am a newbie in the stock market, but I have loads of experience from another field of speculation which is perhaps more difficult.

The reason for writing this feedback is your comment about the leverage. Since I take what you write very seriously, I am really shocked you saying leverage is the dangerous thing. My opinion is that leverage is a fantastic thing if your stop loss is in place. I fail to see how one can lose more because of the leverage if your stop loss is pre-decided, in your comfort zone, and set meticulously. Can you explain how leverage will make one lose more than the stop loss?

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