OP, if I wanted to discuss margin trading on steemit, I'd just go there. If you want to start up a discussion on bitcointalk, just start it up here instead of linking out to steemit. It's annoying.
I think you are taking the wrong approach here, the question should be who can trade using leverage and do it without destroying their accounts in days or weeks?
Sometimes I swear the luckiest newbies are the ones who've never even heard of margin/leverage, because it's so easy to lose
everything in a short period of time if you don't know what you're doing.
I fully understand how using leverage works and how it can potentially increase your profits to an extent that would be impossible without using leverage--but I've never purchased stocks, crypto, or anything else on margin and don't ever intend to. For one thing, it's akin to gambling, which I detest; and second, margin is debt. That's something I also detest and try to avoid at all costs. I'd rather buy an investment with money that's mine instead of borrowing someone else's to buy it with.
But hey, to each his own and good luck to any of you who're trading on margin.
The funny thing about leverage trading is that if you try to use money management techniques to try to limit your losses then you will end up with the same results as if you did not used leverage at all.
For example supposing that someone decides to use a leverage of 100x on his trades, anyone that is using money management techniques will find out that now he needs to reduce his position to 1% of its usual size which means that on average his profits should remain the same, with the only exception of course that now he has to pay for the money he borrowed and this reduces his profit margins, if anything leverage could only add to the diversification of our portfolio and even that is questionable as what it is the point of diversifying in this market when we have bitcoin?
