A trader who consistently operates with high leverage and has a strong desire for social recognition and group acceptance is in a very dangerous position. High leverage amplifies financial risk, a strong desire for social recognition significantly increases the cost of saving face, and the need for group acceptance can easily cloud rational judgment. When the market is favorable, these factors can even reinforce each other, making it easy to become complacent. Once a wrong judgment is made, problems that could have been resolved by timely position reduction and stop-loss can escalate into irreparable losses, or even a slide into an abyss, due to an unwillingness to admit mistakes or lose status within the group. Furthermore, the group can easily turn against you.