Scaling into losing CFD positions on EURUSD was a brutal lesson

I'm still relatively new to CFDs, and one mistake I vividly remember from my early days was trying to average down on a losing $EURUSD long. I had a small initial position, market went against me, and instead of taking the small loss, I kept adding to it, convinced it had to turn around. The leverage compounded the pain quickly. Definitely learned the hard way about letting winners run and cutting losers short, rather than throwing good money after bad.