đŁ Why leverage in futures is basically dynamite
1. Multiplies losses (not just gains)
Leverage is like giving steroids to your trade⌠but without your own brain. If you use x10 and the price goes 1% against you, you lose 10%. A small mistake â damaged account
2. Liquidation: the nuclear button
In futures, you don't âholdâ like in spot. If the price reaches a certain level, the exchange automatically closes your position.
Result: You lose EVERYTHING you put into that trade