Don't kid with leverage..
This picture resumes how 90% of traders (us...) lose money thanks the leverage..
the boy sitting down is you... the other boy sliding around is ruining your tradings... 😄
vontogr
(togr)
Member Since Feb 22, 2011
4862 posts
Jul 25 2014 at 20:51
Leverage is double edged sword.
But if you limit your loss with other tools then leverage is your friend.
But if you limit your loss with other tools then leverage is your friend.
Leverage is very dangerous. It is more likely to cut you than not.
Never Give Up!
Leverage factor can be eliminated when one can define their trading risk percentage and define the pips they can lose in a trade.
This way it doesn't matter whether the leverage is 1:50 or 1:500, the lose is limited to the percentage of the account size.
Calculator https://www.alpari.com/research-tools/calculators
This way it doesn't matter whether the leverage is 1:50 or 1:500, the lose is limited to the percentage of the account size.
Calculator https://www.alpari.com/research-tools/calculators
There is nothing lost or wasted in this life
vontogr
(togr)
Member Since Feb 22, 2011
4862 posts
Jul 27 2014 at 21:46
forexwiz posted:
Leverage factor can be eliminated when one can define their trading risk percentage and define the pips they can lose in a trade.
This way it doesn't matter whether the leverage is 1:50 or 1:500, the lose is limited to the percentage of the account size.
Calculator https://www.alpari.com/research-tools/calculators
Not exactly with the low leverage the loss is determined by margin call
togr posted:
Leverage is double edged sword.
But if you limit your loss with other tools then leverage is your friend.
totally agreed
Leverage is a dangerous beast that can be tamed by defining or limiting the loss you are willing to take. Togr also made good points too.
BTW, I like the video
BTW, I like the video
There is nothing lost or wasted in this life
Gary Sharp myfxpt com
(myfxpt)
Member Since Aug 06, 2011
345 posts
Jul 30 2014 at 21:35
Of course leverage is dangerous. But we're not here because it's safe, are we? 😎