S&P finally broke the 825 support level, this time noone tryed to buy it. Mostly because last two times it was temporary solution and did not reverse the market. So now S&P has an impulse down after breaking strong level, some more levels below are to be explored in the near future.
The very common reason for destroying your deposit is taking risks too high. There is a limit of risks your strategy can afford, and it is usually way too lower that you’d like to think. So when you’re taking leverage just 2 times higher this limit, you’re turning profits into losses. Even if your strategy itself is good. It may work fine on lower risks.
So don’t be greedy. It’s too expensive.
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