bikerman
ate has confiused me, but i say what i think and what i experimentated in my operations,
AteNTICI correct me if i'm wrong
if you have a stop loss of 50$ then your operation stop when 50$ has reached, the only thing that changes is that if you're wrong and you have losses then the 50$ is reached more quickly, at the same time if you have revenue is multiplicated by x10,
leverage is like a bank loan for a short time at the practice, you invested 50$ but at time of gains, loses if you have a leverage of 10x you're invesing 500$ with a very lower stop loss,
you can add more capital if you're sure of what are you doing with a lot of cold mind and information change the stop loss, this will withdraw available funds for that operation to increase the limit like a new operation but at the price that you bought it at the beginning,
anyway if you're a new/noobie trading user i recomend you to first operate without leverage for better handling of the situation,
How I started was also with purchase operations only, no sales and in companies, etf... you know well and diversify all you can to get knowlage
with time you probably you know what to do in some cases, extreme false loses in some cases, know when to stop, when no
additionally i don't recomend test account only, you can use to challenge your knowlage but in real scenario you react so different when is your money the one you're losing
I have added some tips that came in handy to learn as a noobie
additionally do not overestimate your knowledge, some days you're in profit because you have lucky, some month you're in loses because you are not in lucky, a big proffit is not a signal of knowlage, a stable profit or maintenance over a lot of time inclusive with bad markets time it means you are learning something (something, you're not an expert just you know how to deal with some situations, and you have to know how to listen to the one who knows and distinguish the one who sells smoke)
i hope this help's you
