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Leverage is among the things
Feb 26, 2021 at 13:59
Member Since Jul 19, 2020
298 posts
Leverage is among the things that made forex trading very unique because leverage makes one to have chances of making good amount of profits even with small amout of capital,so leverage is good but as well as risky cause the higher the leverage the higher the risk.
Feb 26, 2021 at 14:10
Member Since Jul 19, 2020
751 posts
Leverage give traders ability to buy contract size with using margin only, common trading activity usually using no leverage, trading in forex market have to buy currencies in lot size, standard for 1 lot is 100,000 so if no leverage used than only big boys with huge money can trade forex
Member Since Jul 23, 2020
759 posts
Member Since Oct 13, 2020
34 posts
Mar 05, 2021 at 11:04
Member Since Oct 13, 2020
34 posts
AliaDare posted:Yes, I am with you on this one. Leverage should be kept as low as 1:50 since the risk tends to increase if we keep using high and high leverage with each trade.
Leverage helps provide investment security. If leverage is selected extra, the account may be at risk. So I think 1:50 leverage should be used.
Member Since Jun 30, 2020
47 posts
Mar 05, 2021 at 13:02
Member Since Jun 30, 2020
47 posts
Mitchelsantner posted:Yes, the risk can be high with a high leverage but you can always deploy some risk management techniques to reduce the possibility of high loss.AliaDare posted:Yes, I am with you on this one. Leverage should be kept as low as 1:50 since the risk tends to increase if we keep using high and high leverage with each trade.
Leverage helps provide investment security. If leverage is selected extra, the account may be at risk. So I think 1:50 leverage should be used.
Member Since Oct 28, 2020
1 posts
Member Since Dec 17, 2020
17 posts
Member Since Oct 13, 2020
34 posts
Mar 06, 2021 at 10:39
Member Since Oct 13, 2020
34 posts
Gleywilleyy posted:But doesn’t that require a lot of expertise?Mitchelsantner posted:Yes, the risk can be high with a high leverage but you can always deploy some risk management techniques to reduce the possibility of high loss.AliaDare posted:Yes, I am with you on this one. Leverage should be kept as low as 1:50 since the risk tends to increase if we keep using high and high leverage with each trade.
Leverage helps provide investment security. If leverage is selected extra, the account may be at risk. So I think 1:50 leverage should be used.
Member Since Jun 30, 2020
47 posts
Mar 06, 2021 at 12:41
Member Since Jun 30, 2020
47 posts
Mitchelsantner posted:See you can practice how to use stop loss correctly to keep a check on your trade. This will also help you to minimize the losses. There is not a lot that you’ll have to do but with certain trials and practice, you’ll get the hang of it. I also started with a little knowledge with IB and Fxview but I kept practicing and understood how things work in forex.Gleywilleyy posted:But doesn’t that require a lot of expertise?Mitchelsantner posted:Yes, the risk can be high with a high leverage but you can always deploy some risk management techniques to reduce the possibility of high loss.AliaDare posted:Yes, I am with you on this one. Leverage should be kept as low as 1:50 since the risk tends to increase if we keep using high and high leverage with each trade.
Leverage helps provide investment security. If leverage is selected extra, the account may be at risk. So I think 1:50 leverage should be used.
Member Since Jan 08, 2021
15 posts
Member Since Jul 23, 2020
869 posts
May 03, 2021 at 13:35
Member Since Mar 28, 2021
617 posts
Leverage is very important for online trading. Without leverage traders like us won't be able to be trade. To open a .01 lot trade, one needs 1000$. Everyday a currency pair moves in a fraction in decimal. Without leverage good profit is not possible.
Member Since Jul 23, 2020
869 posts
May 03, 2021 at 16:56
Member Since Jul 23, 2020
869 posts
LioDaCap posted:However, newbies should use high leverage. They often lose and blow their account because of that.
which leverage is more appropriate for trading its depend on your money management, if have good money management you can bring a good result , otherwise not.
Member Since Sep 15, 2021
9 posts
Sep 15, 2021 at 10:37
Member Since Sep 15, 2021
9 posts
RobSchiz posted:LioDaCap posted:I think every new trader should use 1:50 leverage.
which leverage is more appropriate for trading its depend on your money management, if have good money management you can bring a good result , otherwise not.
If possible I would use 1:1000+ leverage so that I can deposit less. Just because leverage is large does not mean you need to max it out and trade 10 Lots with every trade

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