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1:200 leverage
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Nasrul_Swing

Member Since Feb 28, 2019  104 posts Nasrul (Nasrul_Swing) May 27 2019 at 03:31
Yes, i agreed with @togr
Even you used 1:100, you still can wipe out your account if you still not using proper money management.

Automated with Stop Loss.
Diego99

Member Since May 27, 2019  6 posts Diego99 May 29 2019 at 10:49
agreed! leverage is only good for people you have proper knowledge and are able to afford risks.

whitero

Member Since May 29, 2019  7 posts whitero May 30 2019 at 11:15
low leverage is obviously good for beginners as, low risk is involved, but the thing is high leverage and low leverage both are going to hurt, just the risk intensity is different.

Filikunjombe

Member Since May 30, 2019  1 posts Filikunjombe May 30 2019 at 14:29
hi every one here, i have my account balance of $200, i want to know the following aspects of risk or management,,,, leverage, lot size, risk reward ratio to be used and amount to lose per trade.

momo3HC

Member Since Oct 20, 2018  74 posts momo3HC Jun 02 2019 at 11:36
Filikunjombe posted:
hi every one here, i have my account balance of $200, i want to know the following aspects of risk or management,,,, leverage, lot size, risk reward ratio to be used and amount to lose per trade.


Tbh that`s a low balance. Can you expand it?

lavis_book

Member Since Jul 09, 2019  26 posts lavis_book Jul 17 2019 at 09:35
Leverage is basically an investment technique of using borrowed funds to trade. With the help of leverage, you can trade to a much bigger extent, even if your own budget is less.
1:200 leverage means that for every $1 in your account, you can play a trade of $200. This will be provide to you as a loan from the broker. Be cautious with using a leverage as it not only gives you extra funds to trade but also has the power to take you to immense losses.

45656

Member Since Jun 29, 2019  65 posts 45656 Jul 27 2019 at 14:38
From my point of view, leverage can be an effective tool for a forex trader only when he will require funds. Otherwise working with levered funds can possess higher trading risks here. But yes, every trader will necessitate proper administration of funds which will allow him to work with his money at the best possible way. I feel that I am better with my own funds rather than working with any leverage.

Minhthang2603

Member Since Mar 05, 2017  20 posts Thang (Minhthang2603) Jul 31 2019 at 10:19
Mohammadi posted:
In my opinion , 1:200 leverage is good for a newbie. Because at these leverage there will be a low risk and average profit that a newbie will be interested to trade in Forex market as well as invest. When a newbie invest in Forex market and have not enough knowledge about leverage , they take high risk . so that leverage is better option to me.

I think the maximum leverage is 1:50 for new people to be safe.

willtradr

Member Since Jul 09, 2019  24 posts willtradr Oct 28 2019 at 12:02
Exactly. Earlier i was using 1:100 with some broker and then i switched to Coinexx. Though they offer higher leverage of up to 500x but i am using 1:300.

NinaSignals

Member Since Dec 27, 2017  3 posts NinaDaria (NinaSignals) Oct 30 2019 at 11:27
willtradr posted:
Exactly. Earlier i was using 1:100 with some broker and then i switched to Coinexx. Though they offer higher leverage of up to 500x but i am using 1:300.



1:200 is very ok, I gave a trader account of 1:500 and he blown it with lot of positions

By the way any trader that can manage on pamm account should pm me, funds those not belong To me and I must make sure trader meets all requirements before I push funds in

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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.