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1:200 leverage
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IvanMelnik

Member Since Jul 09, 2020  16 posts IvanMelnik Jul 23 at 07:51
1:200 leverage is not that bad for beginners.

AmDiab

Member Since Apr 18, 2017  652 posts AmDiab Jul 23 at 20:09
high leverage ratio maximum time contains high risk, i think without stupid there is no one who can avoid it. in spite of having most powerful analyzing trade management there is a chance to get loss when using high leverage.

Kathri

Member Since Sep 22, 2019  15 posts Kathri Jul 26 at 15:21
Yeah, it's a classic and probably one of the safest options to help you work in the safest environment. And it can really be used so that you can get used to the market and you can work the way you like.

cardigan

Member Since Jul 27, 2020  12 posts cardigan Jul 27 at 06:35
IvanMelnik posted:
1:200 leverage is not that bad for beginners.

Are you sure? This is very risky for the beginner, even for the experienced trader as well.
I think the beginner should be sticking with using upto 20x leverage.

EllisParker

Member Since Jun 24, 2020  19 posts EllisParker Jul 28 at 09:02
cardigan posted:
IvanMelnik posted:
1:200 leverage is not that bad for beginners.

Are you sure? This is very risky for the beginner, even for the experienced trader as well.
I think the beginner should be sticking with using upto 20x leverage.


I would totally agree. 200x is too risky for a newbie. Though everyone has a different risk tolerance, but always better to keep the risk low.

ElbowMusic

Member Since Mar 22, 2018  13 posts ElbowMusic Jul 28 at 11:01
Why is high leverage risky? The higher the leverage the lower the amount that you need to deposit with the broker and hence the smaller the amount that you can lose.

Shelby10

Member Since Jul 15, 2020  10 posts Shelby10 Jul 29 at 19:24
I think using high leverage is very risky for the little investors. So, always be careful when you are going to use high leverage.

cardigan

Member Since Jul 27, 2020  12 posts cardigan Jul 30 at 07:37
EllisParker posted:
cardigan posted:
IvanMelnik posted:
1:200 leverage is not that bad for beginners.

Are you sure? This is very risky for the beginner, even for the experienced trader as well.
I think the beginner should be sticking with using upto 20x leverage.


I would totally agree. 200x is too risky for a newbie. Though everyone has a different risk tolerance, but always better to keep the risk low.

Definitely. I think with risk management taken into will reduce the potential risk, but then I do not think the newbie would understand and get the concept of RM easily, would they? I wonder

Miguelfabian

Member Since Jun 22, 2020  7 posts Miguelfabian Jul 30 at 11:40
High leverage is always good, as you won’t blow up all your money in one go. Fxview and FXCM are some good high leverage brokers that are also regulated. For me, the general rule of thumb to follow when using high leverage is 1:3 risk-reward ratio.

5astelija

Member Since Oct 15, 2014  51 posts 5astelija Jul 30 at 12:03
Always set your leverage to 50x leverage or less! The more leverage you have, the stronger effect the market's random variance has on you. Its very simple statistics. However, if you fail to understand this, I will gladly take your money.

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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.