Some people don't realize that leverage can be very helpful if you really want to move up quickly.
Oct 19 2020 at 13:04
I’m totally in favour of using leverage, it’s the only way to bring in real money.
Many people think that leverage is insignificant but in fact, leverage can help you to trade safely. When a trader selects more leverage and starts trading, he does not focus on money management and risk management. And puts the whole investment at risk. I always suggest using 1: 500 leverage.
Money management is an integral part of forex trading. If anyone is not having any money management policy, he/she is never gonna be a good trader ever. You need to follow some good and realistic money management system.
High leverage, can no doubt give high profits, but comes with good amount of risks too.
One should be really careful.
One should be really careful.
Oct 20 2020 at 09:35
High leverage is fine as long as you know what you are doing. In a way it is safer because you can have a smaller deposit
Oct 21 2020 at 14:47
I think leverage trading should always be used with caution and it's not a good idea for beginners. But with good risk management tactics it can be used in a more safe way and it can be very useful.
SaltaLargo posted:I think high leverage means taking high risks.
High leverage is fine as long as you know what you are doing. In a way it is safer because you can have a smaller deposit
I am not a fan of leverages, to tell you the truth. I feel at ease every time I got the loans, so I am not a fan of the bank loans neither. Therefore, attitude increases the psychological pressure on me during the trading, that is why I steer clear from this trading tool.
Choosing leverage also giving impact to the risk; level, some brokers may offer high leverage until 1:1000 or even higher, but choosing high leverage I think useless and even endanger account if leading trader become greedy because high leverage allows the trader to open trades using bigger position due they only need smallest margin requirement.
Joao91 posted:Yes, high leverage can put my account at risk. So I try to trade with low leverage.
High leverage, can no doubt give high profits, but comes with good amount of risks too.
One should be really careful.
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.
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
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.
Aug 15 2021 at 07:40
LukeRachel posted:Leverage can be a great danger, if you don't have enough knowledge about it.
Leverage is very important in trading. If a trader wants to make a consistent profit, he has to work with proper leverage.
By the way, this is very important! Without this tool, the chance of getting losses is much greater, so I advise you to be careful.
Aug 16 2021 at 13:30
WaltonCharles posted:Of course, leverage is very important in trading. The lower the leverage selected, the lower the risk.LukeRachel posted:Leverage can be a great danger, if you don't have enough knowledge about it.
Leverage is very important in trading. If a trader wants to make a consistent profit, he has to work with proper leverage.
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.
Aug 17 2021 at 10:06
Without leverage the retail forex sector would not exist
