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using leverage
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Tradelist45

Member Since Jun 26, 2020  11 posts Tradelist45 Jul 23 at 11:22
i am very careful for using leverage , because i have seen so may traders who lost their balance due to using over leverage , i always scared about using leverage.

Imamul

Member Since Aug 09, 2017  482 posts Imamul Jul 23 at 12:22
I had a problem with leverage ratio. I used high leverage without real trading plan and became loser. I request, please before live account, trade in a demo account with leverage. Minimum you would see the performance how leverage works.

Dictiony

Member Since Apr 01, 2020  86 posts Dictiony Jul 30 at 00:43
I think we should not use high leverage in the begining of our trading period and should use low leverage, you can make some good and small profit it and can continue with high leverage when you get some good experience.

ethan_65

Member Since Feb 07, 2020  17 posts ethan_65 Jul 31 at 09:53
Being a newbie, always go for low leverage like 100x or 50x. It will help you in understanding the concept of the leverage that how it works, what role does it play in a trade. Using leverage is a complex decision always make it with the utmost care and analysis.

SofieAndreasen

Member Since Jul 23, 2020  7 posts SofieAndreasen Aug 06 at 05:05
Leverage is a double-edged sword that can help increase profits, but can also accelerate losses. When you use leverage to trade in the forex market, you need to fully understand the advantage and disadvantage of leverage.

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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.