High leverage can bring profit instantly if you are able to make proper trading planning with great risk management policy , otherwise you can fall a huge loss by taking high leverage , in this market place by and large traders in particularly the newcomers fall a great loss by taking high leverage due to non-sense planning and zero risk management approach. So, before trading with high leverage we have to know how to manage risk.
Feb 07 2019 at 12:26
Sadly high leverage trading is not possible in US and EU any more. This is real problem for many trader and may end up killing the retail Forex market in these geographies
ChristianBeach posted:
Sadly high leverage trading is not possible in US and EU any more. This is real problem for many trader and may end up killing the retail Forex market in these geographies
I am convinced that with a leverage of 1:30 one can gain profits of 1% to 2% daily by day trading strategies. I think it should be enough. Besides, it is possible to limit the risk to 2% or less than 20 pips per trade.
Even if one is working 8 hours a day there is still market open somewhere around the clock for 16 hours. If one is trading long term even 30 (leverage) is too much.
We achieve 1% daily to our accounts (you can check them on my profile and track them) with 1:30 but the old days of 1:500 we did 10-12%!!! The difference is huge... we miss these days
Trade like a robot
Nk_trader posted:
We achieve 1% daily to our accounts (you can check them on my profile and track them) with 1:30 but the old days of 1:500 we did 10-12%!!! The difference is huge... we miss these days
Sure, that is a huge difference, I can imagine. Then the thing is to someday gain a pro status and have 1:2000 leverage, 1:30 is not going to destroy the business, however. BTW, I already checked your acc.
niceGLer posted:Nk_trader posted:
We achieve 1% daily to our accounts (you can check them on my profile and track them) with 1:30 but the old days of 1:500 we did 10-12%!!! The difference is huge... we miss these days
Sure, that is a huge difference, I can imagine. Then the thing is to someday gain enough capital and have 1:2000 leverage, 1:30 is not going to destroy the business, however. BTW, I already checked your acc.
High leverage is useful I find, so you don't hit margin requirements.
Molly141 posted:
High leverage is useful I find, so you don't hit margin requirements.
yes I think i t is a great help especially with a smaller account.
Honestly, I would never go anything higher than 1:500, normally stick to 1:200 as a good middle. Going too high is just a recipe for disaster, normally just for those that are getting greedy.
