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Leverage is useful or not ?

SofieAndreasen
Nov 07 2020 at 11:19
488 posts
antonyhollinwooe posted:
It’s true that high leverage can magnify your profits. But at the same time, it also magnifies your losses.

Yes. Leverage make this market more interesting. However, many traders lose money rather than gaining due to using high leverage without proper risk management.

Mohammadi
Nov 16 2020 at 07:08
886 posts
Despite of good money managing skill , leverage can be harmful . because the market is too much volatile and there is nothing 100% in here.

LeviSievwright5
Nov 17 2020 at 01:51
298 posts
Leverage is certainly useful. If a trading plan and discipline can be maintained, you must use leverage. I think 1:50 leverage should be used by every trader.

PercymcDonnell54
Nov 26 2020 at 05:25
23 posts
Even if you are good at money management, leverage can be harmful. Try using it only when you are sure about the market trend.

Chrismorris657
Nov 30 2020 at 09:57
17 posts
I know that it is a double-edged sword but it is worth trying. Start small and then, move ahead.

GeorgeBischof
Dec 07 2020 at 11:08
318 posts
Leverage is useful. But you need proper knowledge about how to use it on a trading. Without knowledge it will be very dangerous to use.

GordonDenzil
Dec 08 2020 at 15:42
30 posts
I find it useful because leverage increases the trading margin. When you trade with the capital higher than you deposit it makes profit accordingly, even a small fluctuation in price could increase profit.

LyudmilLukanov
Dec 08 2020 at 17:37
465 posts
Chrismorris657 posted:
I know that it is a double-edged sword but it is worth trying. Start small and then, move ahead.

That’s right. Leverage exposes more risk. So, use it carefully. I recommend new trader to use small ratio of leverage.

ovisun
Dec 08 2020 at 17:41
427 posts
I'm using only 1:500 leverage, BUT, for every 2000 in balance I'm using 0.01 lot, so the leverage for me is just an additional protection for 'bad weather'

Gracewilson1995
Dec 08 2020 at 17:57
147 posts
Leverage is a very risky tool and should be used efficiently

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