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using leverage

Jan 02, 2020 at 16:47
2,145 Views
51 Replies
Member Since Jul 19, 2020   788 posts
Aug 12, 2021 at 01:56
Joao91 posted:
High leverage, can no doubt give high profits, but comes with good amount of risks too.
One should be really careful.
Yes, high leverage can put my account at risk. So I try to trade with low leverage.
Member Since Mar 16, 2021   477 posts
Aug 12, 2021 at 02:14
Leverage is very important in trading. If a trader wants to make a consistent profit, he has to work with proper leverage.
Member Since Oct 17, 2018   103 posts
Aug 14, 2021 at 20:05
This is something i learned very fast but also leverage gives the small trader the ability to make decent profits along the way, its all about using risk management and SL on your positions to keep your money safe
Member Since Feb 11, 2020   24 posts
Aug 14, 2021 at 22:55
Yea you need to be careful with leverage as it can blow your account quickly but at the same time I do believe it can be very useful for growing a small account if you know what you’re doing.
Member Since Mar 16, 2021   477 posts
Aug 16, 2021 at 13:30
WaltonCharles posted:
LukeRachel posted:
Leverage is very important in trading. If a trader wants to make a consistent profit, he has to work with proper leverage.
Leverage can be a great danger, if you don't have enough knowledge about it.
Of course, leverage is very important in trading. The lower the leverage selected, the lower the risk.
Member Since Apr 03, 2021   470 posts
Aug 16, 2021 at 23:57
Yes, leverage is important in forex business, without leverage maybe retail trader they cant take part in forex trading because to buy 1 lot need real value contract size $100.000, with leverage trader can trade in small portion even start using 0.01 lot size still okay.
Member Since Aug 17, 2021   9 posts
Aug 17, 2021 at 10:06
Without leverage the retail forex sector would not exist
Member Since Sep 12, 2017   238 posts
Aug 23, 2021 at 12:42
there is no such right or wrong. one thing is to be taken care that leverage is double edged sword.The higher the leverage, the higher is the profit and higher is the loss
Member Since Apr 03, 2021   470 posts
Aug 23, 2021 at 23:34
Using leverage in account forex trading should to understand, maybe there are trader like to use high leverage like as 1:1000, in my opinion, this leverage only endangers account if you cant control decision trading, basically using such leverage will allow the trader to open bigger lot size and this possible become nightmare for the trader.
Member Since Mar 16, 2021   477 posts
Aug 24, 2021 at 01:15
FXOday posted:
Yes, leverage is important in forex business, without leverage maybe retail trader they cant take part in forex trading because to buy 1 lot need real value contract size $100.000, with leverage trader can trade in small portion even start using 0.01 lot size still okay.
Yes of course, leverage helps a lot in reducing risk. So to maintain the risk, a small leverage should be selected.
Member Since Mar 28, 2021   617 posts
Sep 04, 2021 at 13:04
Without leverage, traders with small capital like us will not be able to trade. It gives us enough liquidity to open a trade. Otherwise we would need 1000$ capital just to open.01 lot.
Member Since Jul 19, 2020   751 posts
Sep 04, 2021 at 13:52
@Akasuki I agree with you. Without leverage we won't be able to trade anymore. Leverage gives us the power to open trade with small capital.
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