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What is your favorite leverage?
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stevenflam

Member Since Oct 07, 2020  19 posts stevenflam Nov 05 at 12:34
Seen most of the traders going with a normal range instead of lower or higher leverage. What leverage you use as a trader and why?


Member Since Oct 22, 2020  42 posts Nov 05 at 12:36
1:100 to 1500 is leverages I have been using and good profits in return, some broker will limit it with very big balance.

colininghrams

Member Since Oct 07, 2020  19 posts colininghrams Nov 05 at 13:29
I generally use 1:20 and sometimes go to 1:50. Higher leverage seems lucrative but from my experience they just work against you.

mister_trader623

Member Since Aug 24, 2020  13 posts Money Makin Jes (mister_trader623) Nov 05 at 15:01
1:50 is my sweet spot

Be more financially free then yesterday.
Fxg54

Member Since Feb 27, 2020  131 posts Fxg54 Nov 05 at 15:02
colininghrams posted:
I generally use 1:20 and sometimes go to 1:50. Higher leverage seems lucrative but from my experience they just work against you.[quote

Totally agree with you. I use 1_100. Anything above just seems too risky for my strategy.
Have a good trading day!

LeviSievwright5

Member Since Jul 20, 2020  156 posts LeviSievwright5 Nov 06 at 03:09
I usually use 1: 500 leverage. And I always suggest a beginner trader use this leverage.

Shaunmaxi

Member Since Oct 19, 2020  21 posts Shaunmaxi Nov 06 at 05:17
Below 1:200


Member Since Oct 22, 2020  42 posts Nov 06 at 05:42
LeviSievwright5 posted:
I usually use 1: 500 leverage. And I always suggest a beginner trader use this leverage.

It's a bad ideal to tell beginner to use that, only pros should.

Shaunmaxi

Member Since Oct 19, 2020  21 posts Shaunmaxi Nov 06 at 07:22
Forex or any other trading for that matter can only benefit when you’ve got complete control over your emotions. I believe with higher leverage you let emotions take over you. Isn’t trading all about minimizing risk? So why use higher leverage in the first place?! My suggestion would be to go for lower or intermediate leverage and don't fall in the trap of higher leverages.

Adamgylicrist

Member Since Oct 19, 2020  17 posts Adamgylicrist Nov 06 at 11:10
Been using 1:400, works fine for me.

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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.