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Leverage is useful or not ?

Aug 23 2022 at 06:51
29 posts
Leverage is not useful if you do not know how to use it correctly. If you know how to use it and how much of it is necessary, you can use leverage to trade forex.
Aug 24 2022 at 07:23
26 posts
Leverage is useful only when you are already skilled and profitable as a trader. In my opinion, a beginner should never trade with leverage and only risk what they can afford to lose. You can start using leverage once you gain some momentum in the forex market as a trader. Still leverage comes with a lot of risk and a good risk management plan is essential for avoiding a margin call situation.
Aug 24 2022 at 12:05
45 posts
Leverage in trading is a mechanism that allows traders to increase their market exposure by paying less than the full amount of the investment. A trader can trade larger positions in a currency by borrowing money from a broker. As a result, leverage magnifies the returns from favorable changes in the exchange rate of a currency.
Aug 25 2022 at 05:48
59 posts
The traders who know how to trade with balance of leverage magnify their gains and in turn it works out to be useful for them but if you’re a beginner then limit the leverage as If your trade moves in the opposite direction, leverage will amplify your potential losses.
Aug 25 2022 at 07:03
32 posts
Leverage can be really useful in forex trading, as it allows traders to trade with more money than they have in their account. But yeah, it also carries a risk, as if the market moves against the trader's position they can lose more money than they have in their account.
Aug 25 2022 at 11:27
27 posts
It is useful for traders looking to trade with higher value but do not have the capital. Leverage can be risky if trade with a higher value because the profit and loss is double the amount of investment.
Aug 29 2022 at 09:26
20 posts
True! Leverage can be a total disaster if the trader does not know what he is doing.
Sep 02 2022 at 11:09
49 posts
Leverage itself is neither good nor bad. Leverage amplifies the income and productivity positive or negative effects of the assets we invest in. Be aware of the potential effects (both positive and negative) of leverage inherent in your investments and the volatility that comes with it.
Sep 04 2022 at 09:27
219 posts
Greed and emotion are such two qualities that make a trader suffer in the long run. These qualities drive a trader towards trading success.
Sep 07 2022 at 11:52
40 posts
If you know how to take advantage of leverage, it can be very beneficial, but if you don't know how to use it, it can be quite detrimental. So IMO , it comes down to whoever can manage it.
Sep 07 2022 at 12:39
76 posts
Caricology posted:
True! Leverage can be a total disaster if the trader does not know what he is doing.
agree . for that reason we the traders need a perfect risk management.
Sep 12 2022 at 11:48
21 posts
Leverage can be advantageous since it enables traders to execute deals with less capital while increasing their purchasing power, which increases their profits from profitable trades.
However, if new traders use leverage without completely grasping the concept, it might be risky. Leverage allows for the overwhelmingly large growth of minor losses.
Therefore, to make leverage ‘worth it’ the trader has to first learn about leverage, be confident of his strategy, and practise it several times in a demo account.
Suradi (FXOday)
Sep 13 2022 at 00:36
428 posts
Of course with leverage traders can start trading with the smallest margin requirement, without leverage traders need to pay an amount of contract size to buy currency, let's say one lot size contract size 100k USD, hence traders need to pay 100k USD to buy one lot size, with leverage trader need to pay less than that.
Sep 14 2022 at 06:34
40 posts
For me leverage works really well.
Sep 14 2022 at 13:42
219 posts
One of the issues that disturb a trader much is small capital because many traders think earning from small capital is never possible.
Sep 14 2022 at 17:06
183 posts
Every step in Forex is important because there are valid reasons behind making every decision. Broker’s scamming makes it even harder. Before taking a decision, traders should analyze the market scrutinizely to forecast.
Sep 15 2022 at 10:17
17 posts
Leverage is very useful for traders who have the proficiency and ability to make huge profits with their strategy, but they lack the capital. Leverage can help them increase their trading capital which can significantly help them in multiplying their profits.
Sep 15 2022 at 11:47
60 posts
Leverage is an extremely helpful tool that enables traders like me to expand our market exposure while spending less money.
Sep 17 2022 at 07:11
4 posts
Leverage is useful as it allows a trader to execute much higher volume trades than he could with just his own, limited trading money. But it is also risky, if the market does not move in your favor it leads you to high losses. Leverage performs like 'two sides of the same coin'. It includes both usefulness and risk.
Sep 17 2022 at 17:01
219 posts
Using low leverage should be the target of every trader because it keeps a trader apart from trading risk.
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