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Lesson Learned: Over-leveraging on $EURUSD during volatility spike
My biggest mistake with CFDs was during a particularly volatile news release affecting $EURUSD. I'd sized up significantly anticipating a quick move, but the whipsaw took me out on both sides with multiple entries, rapidly eroding capital. Realized I was trying to force a trade that wasn't there, trying to catch every swing instead of letting the market settle.
1 comments · 1 points
Yeah, trying to scalp those news spikes is a common trap. The spreads widen, liquidity dries up, and you're just feeding the brokers. Better to just sit on your hands and wait for the dust to settle, then look for clear setups.