Leverage
Leverage lets you control a larger position than your account balance by borrowing funds from the exchange. 10x leverage means $1,000 controls $10,000 worth of assets.
Understanding the Concept
Leverage amplifies everything—gains and losses. A 10% move with 10x leverage becomes 100%. Sounds awesome until price moves against you and you lose everything. Leverage is how crypto traders get liquidated. It's not inherently bad, but most people use way too much. Experienced traders might use 2-3x for longer-term positions. Degens use 50-100x and act surprised when they get rekt. Here's the truth: if you need 50x leverage to make money, your entries are garbage. Lower leverage lets you survive volatility. Higher leverage means one bad wick liquidates you even if you're eventually right about direction.
Real-World Example
You've got $1,000 and use 10x leverage to long Bitcoin at $45,000. You control $10,000 worth (0.22 BTC). If BTC drops 10% to $40,500, your $1,000 is gone. Liquidated.
How Strykr Helps
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