source avatarYonan

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Easy says the worst thing that can happen to a new perp trader is winning their first few trades "you could have $5,000 on a trade, 10x leverage up to 50k, and your account has 100k in it. on cross margin you could still lose" "when people are like, should I trade perps? the first thing I always say is NO, because I know they're gonna lose money" "I almost feel bad for the people that win their first few trades, because now you think this model's easy and you're gonna size up"

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