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        Different levels of leverage
                    
                        
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                    May 16, 2021 at 17:36
                                    
                
                    
                            
                                Member Since Jul 19, 2020
                                 
                            
                            
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            WaltonCharles posted:RobSchiz posted:AliaDare posted:
Leverage is an important issue. As a trader, we should take this opportunity from the broker. I think 1:50 leverage should be used if there is a good deposit.
I also think that 1:50 is the best leverage for every trader.
I agree with you.
Thank you so much for agreeing with me. Trading is a community and we will help each other as members of that community.
                    May 20, 2021 at 09:14
                                    
                
                    
                            
                                Member Since Apr 15, 2020
                                 
                            
                            
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            sparkertrades posted:
When using a scalping robot, what are the advantages and disadvantages of using 200:1 leverage vs. 500:1?
500X is too much even manual trading. You should restrict to 200X in my opinion.
                                    The more your practice, the more you learn.
                                
                                                                        
                    Jun 01, 2021 at 10:53
                                    
                
                    
                            
                                Member Since Apr 15, 2020
                                 
                            
                            
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                        When it comes to leverage higher the higher is the risk of losing and higher are the chances of gaining. basically higher leverage helps you to trade more with less capital and earn more profits... I strongly believe a medium range of 50-100X is enough leverage. 
                                                                                            
                                                            
                                    The more your practice, the more you learn.
                                
                                                                        
                    Jun 02, 2021 at 16:53
                                    
                
                    
                            
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            ele020 posted:
When it comes to leverage higher the higher is the risk of losing and higher are the chances of gaining. basically higher leverage helps you to trade more with less capital and earn more profits... I strongly believe a medium range of 50-100X is enough leverage.
That's right. However, if scaling is done, leverage is selected more. Then it is very risky for the account.
                    
                        
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                    Jun 03, 2021 at 10:25
                                    
                
                    
                            
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            SteveHanks posted:
I think 1:50 is the best leverage for every new trader.
- For a newbie I believe the best leverage is 1:30, the very reason many regulated brokers restrict their clients to a leverage of 30X. Also, the forex market is a very risky market so it is better not to go for 50X in the very start.
                    
                        
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                    Jun 04, 2021 at 03:32
                                    
                
                    
                            
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            Piplaws posted:
I think you should go for the lower leverage because it will help you avoid any risk with scalping. It’s better to not exceed 20x although you’ll find offshore brokers offering even up to 2000x. Better safe!
Yes, you are right. If you want to take less risk, you have to select low leverage.
                    Jun 05, 2021 at 09:19
                                    
                
                    
                            
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            fxWrestler posted:
Even 1:1000 leverage is fine as long as the right Lot size is used. In fact it better to have large leverage because can then use smaller Lot size
But if that were the case, every broker would have offered 1:1000 leverage without thinking twice.
                    
                        
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