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Using Too Much Leverage Is Almost Always Fatal
Using too much leverage is almost always fatal because of the path an asset takes to get to a certain price. If you don't know their path day to day, you will get your margin call and you will be wiped out. It's this whole idea of shortum volatility being converted into longtom risk. And it's one of those things that just seems, i mean, all you need is arithmetic here. You don't even have to get above arithmetic to be able to figure this one out.