High Leverage

Feb 07, 2019 at 07:48
5,030 Views
130 Replies
Member Since Oct 27, 2020   16 posts
Mar 18, 2022 at 03:43
Leverage is a boon but if not used carefully can become a bane. Traders should choose the leverage wisely and should not trade it if they have any doubt regarding the trade.
Member Since Jun 26, 2020   327 posts
Mar 18, 2022 at 05:24
high leverage always contains high risk , so we should be more careful when trading in a real account.
Member Since Aug 04, 2014   64 posts
Mar 18, 2022 at 12:30
If you are not experienced. Limit your leverage to 50:1 at most
Member Since Feb 15, 2022   219 posts
Mar 19, 2022 at 04:09
Leverage is a special facility that is provided by a broker but what I suggest traders avoid trading using high leverages because it can cause huge losses in the end. Due to leverage, a trader can take risk more than his invested capital. Leverage increases traders’ profit and so traders jump onto using it at any cost.
Member Since Dec 13, 2021   32 posts
Jul 05, 2022 at 06:04
Traders should use high leverage wisely and should have excellent trading skills for trading. Leverage is a powerful tool which can enhance profits if the trader has appropriate trading skills. But it can also blow up the trading account and put the trader into debt if not used carefully.
Member Since Feb 15, 2022   219 posts
Jul 05, 2022 at 10:59
Fear of selecting unreliable broker is the cardinal factor. Maximum brokers show bogus certification that is really a risk factor for traders. You can go for any ECN broker for the high security. It’s essential factor for you to have security from your broker.
Member Since Apr 03, 2021   470 posts
Jul 25, 2022 at 22:18
Retail traders with small-budget trading can take advantage of high leverage, but reckless using position size when choosing high leverage can be disastrous for account trading and maybe lead to quick margin calls, and trading is not gambling.
Member Since Jul 19, 2022   22 posts
Jul 29, 2022 at 06:19
High leverage poses a risk to beginning traders. However, if you are an expert in forex and have sufficient knowledge, you can use high leverage to profit more from this market.
Member Since Oct 20, 2018   300 posts
Jul 30, 2022 at 10:08
FXOday posted:
Retail traders with small-budget trading can take advantage of high leverage, but reckless using position size when choosing high leverage can be disastrous for account trading and maybe lead to quick margin calls, and trading is not gambling.
Exactly. Not the leverage but the position sizes are the dangerous key.
momchil_slavov@
Member Since Jul 26, 2022   49 posts
Aug 01, 2022 at 07:02
No wonder high leverage is appealing to many traders as it offers high returns. But one needs to keep in mind that high leverage also means high loss. So it is very important that while choosing high leverage, proper risk management should be taken into consideration.
Member Since Jul 19, 2022   24 posts
Aug 02, 2022 at 10:06
There are many new traders who like to use high leverage in trading because of high returns. But they forget that they are putting themselves in a high-risk scenario as high leverage isn’t suitable for newbie.Beginners can use low leverages like 1:10 or 1:20.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.