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Leverage is important

Bunaya
Feb 12 at 05:59
54 posts
By and large, her leverage will not really affect your trading, it will affect your earnings if you do everything right

phillipgriffin
Feb 12 at 06:17
33 posts
gildlef posted:
The greater the amount of leverage that you use and apply on your capital, the higher the risk you are likely to assume. That’s how it works.

No doubt the probability of profit increases if you use a good leverage but for absolute beginners, it is safer to keep it low. In my experience of it, keeping it to 1:10 or 1:20 is pretty convenient and safe. The right choice of broker is also an important factor. Anyway, I’m looking for recommendations so feel free to share, thanks.

gildlef
Feb 12 at 11:04
27 posts
phillipgriffin posted:
gildlef posted:
The greater the amount of leverage that you use and apply on your capital, the higher the risk you are likely to assume. That’s how it works.

No doubt the probability of profit increases if you use a good leverage but for absolute beginners, it is safer to keep it low. In my experience of it, keeping it to 1:10 or 1:20 is pretty convenient and safe. The right choice of broker is also an important factor. Anyway, I’m looking for recommendations so feel free to share, thanks.

There are certainly some very good and okay brokers out there that you can check out. I usually go by how lower their spreads are and how good the customer service is. Pepperstone, Swissquote, XTb, Fxview are some options.

MuhamadRazak
Feb 12 at 14:49
2 posts
Leverage is important but only if you know how to manage risk.
I have an account M4Markets and they offer leverage 1:1000. It's good if you want to open a big position and can be monitoring what happens so that you dont risk losing everything, but maybe not so good if you don't know a lot about risk management.

AliaDare
Feb 12 at 17:34
517 posts
Of course, leverage is very important. If the leverage is not correct, then the security of the account cannot be provided.

almfx
Feb 13 at 00:53
232 posts
Just accept this friendly tip from me.
Consider 1: 100 as the highest possible leverage

blackChelsea
Feb 18 at 12:05
60 posts
Yes it is, you can’t open big positions with actual balance unless you are a big billionaire like Bezzos! I found this as a fantastic tool but if used with proper knowledge as this can wipe off your account balance too in times of unfavourable trade conditions.

LeviSievwright5
Feb 18 at 16:22
298 posts
Of course, leverage is very important. It is not possible to provide investment security if leverage is not accurate.

LyudmilLukanov
Feb 18 at 17:34
461 posts
AliaDare posted:
Of course, leverage is very important. If the leverage is not correct, then the security of the account cannot be provided.

Without leverage trading is kind of expensive. Try low leverage ratio if you afford.

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