Disliked{quote} hi JW..Leverage is not bad its the HOW it is applied..throw in a black swan event such as this and inadequate offset of risk management by our brokers and it became catastrophic..say you even had 50:1 then it would not have been conservative enough to protect you from a total wipe off this Black Thursday..people got wiped off including hedge funds on even 20:1..yes you are reading correctly 20:1Ignored
- Joined Jul 2011 | Status: Member | 7,749 Posts
If you trade like me, you'll be homeless and broke within a week.
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