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BrendanWKing
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BrendanWKing
How many trading accounts have you blown?
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Trader Berpengalaman
Sep 07, 2022 at 09:48
One I blew was because I was trading with BTC as the base currency and took a 200% bonus from Coinexx, so I could effectively trade 3 times the volume. 2 things happened, BTC value dropped by about 30% with open trades, and when the actual equity in the account was gone, it closed all the trades and destroyed the account as the "bonus" was not considered part of the equity. Lessons were to trade lower volumes with crypto as the base currency due to the underlying volatility, and never take a bonus - much better to trade with higher leverage which uses less equity than use a bonus to ...
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