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using leverage
Member Since Mar 16, 2021
477 posts
Member Since Mar 16, 2021
477 posts
Aug 16, 2021 at 13:30
Member Since Mar 16, 2021
477 posts
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.
Aug 16, 2021 at 23:57
Member Since Apr 03, 2021
470 posts
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
Member Since Sep 12, 2017
238 posts
Aug 23, 2021 at 23:34
Member Since Apr 03, 2021
470 posts
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
Member Since Mar 16, 2021
477 posts
FXOday posted:Yes of course, leverage helps a lot in reducing risk. So to maintain the risk, a small leverage should be selected.
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.
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