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> I had a majority of my net worth in FTX as a trader As a trader myself, this lesson is part of your risk management. I have multiple accounts with amounts t
by isthisthingon99 4y ago
> I had a majority of my net worth in FTX as a trader
As a trader myself, this lesson is part of your risk management. I have multiple accounts with amounts that I wouldn't cry if they went to zero. I trade them together, and if AMP decides they hate me because I am too tall, it doesn't change my ability to trade until that issue is resolved.
Edit: flagged??? huh...
- unwoundmouse 4y ago
- Satam 4y agoOP seems to be level-headed and rational, I'm pretty sure he'll be able to take the advice well. And the commenter you're replying to is sharing his thoughts in a non-judgmental way as well.
- isthisthingon99 4y agoThe implication is that I learned the same way. Memories...
- deleted 4y ago[deleted]
- SkyMarshal 4y agoWhat's AMP?
- isthisthingon99 4y agoDiscount broker, high leverage.
- w1nst0nsm1th 4y agoLike retail Forex trading platforms or CFD ? Sound legit.
- isthisthingon99 4y agoThey allow what is known as "day trading" margins on futures which is usually some small fraction of exchange margin. They have survived for a long time, doesn't mean they won't go under, but they have no qualms about exiting your position if you are going to threaten their risk.