If you believe something to be at rock bottom prices and simultaneously you believe it’s on the brink of breaking out
Tell me why using 70x leverage (in this example) isn’t viable.
$10k to $260k in 24hrs. This isn’t to brag. This isn’t my only trade, I thoroughly understand the risks, and I have other trades with different leverages and stop losses.
My point being is that leverage can accelerate the gains (by 70x in this case) on something you believe to be on the verge of a monumental breakout.
Obviously follow proper risk management and trade responsibly.
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- Wynn

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