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togr

Member Since Feb 22, 2011  4800 posts vontogr (togr) Jun 18 at 12:21
Hi there,

I would like to share some of my ideas with you. You are welcome to post your opinion to any topics.

#1 Idea:
You are never able to achive the same profit as the size of position.
For example when you open buy 1 lot of EURUSD, you are trading 100,000 EUR.
When EURUSD move lets say 100 pips from 1.10000 to 1.11000 you made $111000 - $110000 = $1000 profit.

Without leverage it goes exactlly as described so you need 100,000 EUR to make $1,000 profit.

With leverage of 1:500 you are able to open the same trade with same profit with just 1,000 balance.

So if you have 100,000 balance isn't it better to split it to more accounts, pairs, strategies and use leverage to trade it?

togr

Member Since Feb 22, 2011  4800 posts vontogr (togr) Jun 18 at 13:45
So what do YOU think?

SebastianPawl

Member Since Dec 15, 2019  12 posts SebastianPawl Jun 19 at 19:30
You know, a lot depends on a trader's experience and preferences, I think it's no secret for you that even with a small capital you can make a stable and good income, but if the leverage helped every trader to earn millions - the market would have collapsed long ago.

Mohammadi

Member Since Aug 11, 2017  758 posts Mohammadi Jun 20 at 05:49
generally the target we select is not realistic, this is the main problem we have and for that reason we cant fill up our target completely,  we have to make sure the target according to our knowledge and experience , over targeting make make us always greedy and emotional. so be careful    

Jalath

Member Since Aug 16, 2019  17 posts Jalath Jun 21 at 14:25
In fact, many traders do this by distributing their investments into several trading accounts, or using part of the capital in active work and part - in passive work. A lot depends on your trading style, amount of investments and personal wishes.

togr

Member Since Feb 22, 2011  4800 posts vontogr (togr) Jun 22 at 07:32
Well my point is that having some substantial amount of money
It would be great to diversify the risk to more accounts and trade with smart level of leverage on different trading pairs, trading system and even different brokers.

That way you should be protected from suddent move on
one trading pair,
failure of one trading system,
problem with one broker...

Cordardred

Member Since Aug 27, 2019  13 posts Cordardred (Cordardred) Jun 28 at 14:59
And I think that it's very difficult to lead several directions at once, because you should have too much information under your control, and it's difficult, especially if you are trading only periodically or have the main job...

togr

Member Since Feb 22, 2011  4800 posts vontogr (togr) Jun 29 at 08:09
Cordardred posted:
And I think that it's very difficult to lead several directions at once, because you should have too much information under your control, and it's difficult, especially if you are trading only periodically or have the main job...


That is of course achieved by using own, preciselly created expert advisors.
You exaxtly know what to expect from these.

Betty_60

Member Since Jan 20, 2020  30 posts Betty_60 Jun 30 at 07:33
Cordardred posted:
And I think that it's very difficult to lead several directions at once, because you should have too much information under your control, and it's difficult, especially if you are trading only periodically or have the main job...

Agreed! Handling too much at once can always create issues, even for experience ones at times.

togr

Member Since Feb 22, 2011  4800 posts vontogr (togr) Jun 30 at 08:52
Betty_60 posted:
Cordardred posted:
And I think that it's very difficult to lead several directions at once, because you should have too much information under your control, and it's difficult, especially if you are trading only periodically or have the main job...

Agreed! Handling too much at once can always create issues, even for experience ones at times.


Well you need to free yourself from being glued to monitor and from trading stress
By using expert advisors.

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EURUSD 1.1629 GBPUSD 1.27426
USDJPY 105.552 USDCAD 1.33866

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.