Risk Do not exceed 20x leverage. It will kill you. Everything above it liquidated on every market tested here.
Markets / ETFs

ETFs leverage simulator

Pick one of these 2 ETFs, pick a multiplier, and see whether the position would have held. The highest multiplier that came through all 30 of the last 30 sessions runs from 50x down to 20x, the deepest single session moved 1.47% against you, and the middle of the class carries 21% realised volatility.

AllStocksETFsCryptoCommodities
Market30d vol 14d ATRWorst 30d drop Survived 30 sessions at 100x hit rate
S&P 500 ETFSPY13%0.76%1.47%50x9%
Nasdaq 100 ETFQQQ21%1.09%2.13%20x27%

Click any column heading to re-sort. Ranked by default on the highest leverage that survived all 30 sessions, then by the worst single session in that window.

Open a market to run it

S S&P 500 ETFSPY
$757.42 -0.44%
vol 13% survived 50x 100x hit 9%
Q Nasdaq 100 ETFQQQ
$704.59 -0.64%
vol 21% survived 20x 100x hit 27%

Where these multipliers come from

All 2 survival figures above are measured on third-party market data rather than on Moon's book. On Moon, opening any of these 2 positions costs you 1 per cent of your wager at every multiplier, and your loss stops at that wager however far the market runs against you. Moon publishes asset classes and no instrument list, so you get no link out from a market page until someone has opened the platform and confirmed that instrument is listed, and that count stands at 0 of 2.

how Moon prices this the review