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using leverage
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Mohammadi

Member Since Aug 11, 2017  737 posts Mohammadi Jan 18 at 16:39
In my early stage of trading I used 1:500 trading leverage & always tend to open a new trade but now I am not! Because I see, using high leverage inspires to do over trading.

Smith88

Member Since Oct 08, 2019  25 posts Smith88 Jan 22 at 10:53
Jonny87 posted:
leverage is one of the most important tools in forex market. It increases the investment ability. Traders generally choose those brokers which give more leverage than others. So it is a very important to choose a broker which has dynamic and high leverage. I choose tpglobalfx because of their high leverage which is 1:500. They don't change their ratio. It helps me to make more profit.

Agree with you. High leverage, if tackled with care, can really hike up our overall trading experience. This is why I chose Turnkeyforex as my broker since they have very good conditions, plus they provide leverage as high as 1:500, which is just a great help while trading.

Merrill

Member Since Aug 27, 2019  10 posts Merrill Jan 22 at 12:32
High leverage can actually be safer . it allows you to use a smaller trading account and still make good profits. If you lose everything you only lose a small amount. Whereas with low leverage you have to make a big deposit to make any money. If you lose that then you are screwed

Jonny87

Member Since Aug 07, 2017  34 posts Jonny87 Jan 31 at 06:53
leverage is one of the most important tools in forex market. It increases the investment ability. Traders generally choose those brokers which give more leverage than others. So it is a very important to choose a broker which has dynamic and high leverage.

Mark635357

Member Since Feb 24, 2020  6 posts Mark635357 Feb 26 at 13:40
Roberto21 posted:
leverage is a very complicated issue in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.  

Ekvador

Member Since Jul 16, 2014  11 posts Ekvador Feb 27 at 07:31
Big leverage need only for aggressive trading . If your MM conservative 1:20-50 enough for you .

Igor65784yr

Member Since Feb 24, 2020  3 posts Igor65784yr Feb 27 at 13:55
Imamul posted:
its more appropriate to use leverage in demo first of all. this approach will support you to see the real performance how it works. and this approach also supportive to avoid unfortunate risk and losses.
In this I agree with you


AniLorak

Member Since Apr 18, 2017  864 posts AniLorak Feb 29 at 08:14
Ekvador posted:
Big leverage need only for aggressive trading . If your MM conservative 1:20-50 enough for you .


You are right! But I am comfortable with 1:100 trading leverage! Overtrading is a common mistake here; so new traders need to avoid aggressive trading leverage!

Mohammadi

Member Since Aug 11, 2017  737 posts Mohammadi Apr 19 at 14:30
High leverage can bring profit instantly if you are able to make proper trading planning with great risk management policy , otherwise you can fall a huge loss by taking high leverage , in this market place by and large traders in particularly the newcomers fall a great loss by taking high leverage due to non-sense planning and zero risk management approach. So, before trading with high leverage we have to know how to manage risk.

Dorigda

Member Since Apr 15, 2020  44 posts Dorigda Apr 22 at 07:49
Leverage is really very good help for traders, but you need to use it wisely.

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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.