Another lesson learned today. Don’t leverage trade based on news speculation!

Earlier today, the SEC (maybe) orchestrated a significant incident. As long as you and your account refrained from utilizing leverage or engaging in futures trading, you are currently in good standing.

In just a matter of minutes, the SEC's actions, coupled with their deceptive tactics, led to the liquidation of both Long and Short positions in the Bitcoin market. This incident serves as a valuable lesson to comprehend the risks associated with leverage and futures trading.

If you understand the risk here you can better protect your capital and not lose everything.