Pyramiding

Quote from intradaybill:

Not for paper traders like you. You can never get a margin call.

You will never see the day trading real money or maybe you last for a few hours and then go to other forums and complain about your broker or luck.

Pyramiding kills (I am talking about leveraged trading of course). Ask anyone who knows before you knee jerk

That's assuming no one's stupid enough to over-leverage themselves....which I guess for you I maybe shouldn't have made that assumption?

you're right. Average down. That's way better.
 
Quote from athlonmank8:

That's assuming no one's stupid enough to over-leverage themselves....which I guess for you I maybe shouldn't have made that assumption?

you're right. Average down. That's way better.

Another thing that kills is making assumptions. Ask any broker and they'll tell you that 95% of their customers overleverage their positions. This is number one cause of ruin.

Let me ask you paper trader, how much do you think one should have in current bankroll to trade 1 ES (real trading)?
 
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