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Gustavo Rios's avatar

Would this be a leverage trade? What SL do you recommend?

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Stewdamus's avatar

You could leverage. I never really do more than 10x even when I am extremely confident, which in this case I am. If I leveraged this trade, I'd want my stop at .225 or lower to be safe.

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Gustavo Rios's avatar

I’m a beginner and have PTSD from last December. Lost most of my profits that day from the previous months

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Gustavo Rios's avatar

Even the days leading up to it usually dips

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Gustavo Rios's avatar

Thanks. My worry now would be the FOMC meeting. It’s when I have lost most money! All my SL’s get hit

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Stewdamus's avatar

Don't do leverage

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