Several times in our call Wendy O stressed that none of this is financial advice -- so I’ll repeat that message here -- and added that she doesn’t personally use much leverage.
Several times in our call Wendy O stressed that none of this is financial advice -- so I’ll repeat that message here -- and added that she doesn’t personally use much leverage. “If I do, something like 2X or 3X, max,” says Wendy. Łaskarzewski agrees, noting that over-leverage is one of the ways that rookie traders get crushed. “They do a 1-to-100 leverage and the market moves 1% in the wrong direction and they lose everything,” says Łaskarzewski.