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Exactly right. The buddies around me who blow up their accounts every day are just like that.
Honestly, most people can't even figure out how much leverage they're using, yet they still go all in.
This article hits the nail on the head; the gambler's mentality is indeed the original sin.
Waiting is the hardest part; most people simply can't sit still.
Blow-ups are never caused by the market itself, but by unclear thinking.