I have to agree with you. To add further, I want to say, leverage is a two edged sword. Before getting into any trade, we should ask ourselves, how much loss we are willing to take by entering into this trade.
Because even if one is 200% sure or 2000% sure, it doesn’t improves your winning odds which remain the same. Its always 50 - 50 chance, either you win , or you loss. And to add more, actually the odds are not 50- 50 ( 1/2) , the odds are slightly more in favor of the markets. You have to pay taxes, stamp duty etc too so the winning odds become 49 - 51.
I want to share one very important remark.
If you don’t bet, you can’t win. If you loose all your chips, you can’t bet!!
You are in the game as long as you have some chips, the moment you run out of chips, You loose.