All trader should take note that you can't get liquidated if you use your leverage wisely, almost 90% or more of traders that got liquidated is as a result of high leverage, ok lets take btc as an example now, if you enter a long position from $45000 with a 3x leverage, Bitcoin would have to fall down to $17000 or $16000 for you to get liquidated, so as long as you are patience enough in the market while using lower leverage, you stand a chance of making good money out of the market, so please use your leverage wisely to overcome the troubles of the market.
Using a low leverage is actually part of what taking risk management in trading is. When you are into a trade and you don’t have enough liquidity, learn how to use low leverage so that you don’t get liquidated quickly. It is better to trade today and still have liquidity to trade the next day again, it makes one become a better trader instead of trading once and getting liquidated because of greed of using high leverage to make more money. Stop loss is an important tool to use while trading, it can help to minimize loss when trading. Neglecting the stop loss function is like gambling with all of your funds which you can get liquidated at anytime even when you don’t see it coming.
It is better to just avoid leverage altogether, leverage increases your profit but it also increases your risk, and the most successful traders out there have reached that success by keeping their risk as low as they can, now would this conservative attitude towards the markets limit the profits you can obtain? Without a doubt, but it is better to do things this way and take a little bit longer to reach the profits you were looking for, because if you were to use leverage, eventually the losses that you will suffer thanks to it will accumulate, until it becomes impossible for you to recover from them.
