high leverage
I do not think at all there is leverage the best, in my opinion the best leverage is leverage that really suits our needs. Leverage is like a boomerang for our trading so we need to choose the appropriate leverage to the need for us to trade with the maximum. We must pay attention to our psychology well to use leverage suitable for our account.
mlawson71
Member Since Dec 11, 2015
1487 posts
Oct 22 2017 at 14:13
Mohammadi posted:
I do not think at all there is leverage the best, in my opinion the best leverage is leverage that really suits our needs. Leverage is like a boomerang for our trading so we need to choose the appropriate leverage to the need for us to trade with the maximum. We must pay attention to our psychology well to use leverage suitable for our account.
What kind of leverage do you prefer to trade with though?
I like 1:100 . It is enough to enter the positions I want with the lot size I want but not too risky
My trading career I always take high leverage in demo account to see the performance how it works. This approach always helps me to avoid risk when trading practically.
In Fx trading Mostly beginners are scared about using high leverage in Forex. It is quite right that choosing high leverage will cause the reason high loss but also can give the big profit , its overall risky to use the high leverage , my opinion is that we should use the small leverage in order to get the fruitful result from this business.
PriceAction13
Member Since Oct 08, 2016
58 posts
Feb 10 2018 at 10:18
the leverage always works as a killer. Because the traders we have always fall a great loss by using leverage especially when high ration. But sometimes it brings profit very rapidly when there is real trading plan with great risk management approach. Actually forex market is too much risky and volatile. Risk is everywhere and from all trading elements leverage always contains more risk. so before trading with leverage we have to make sure how to manage risk in Fx.
To change your trading result, just change your thinking.
vontogr
(togr)
Member Since Feb 22, 2011
4859 posts
Feb 12 2018 at 08:19
PriceAction13 posted:
the leverage always works as a killer. Because the traders we have always fall a great loss by using leverage especially when high ration. But sometimes it brings profit very rapidly when there is real trading plan with great risk management approach. Actually forex market is too much risky and volatile. Risk is everywhere and from all trading elements leverage always contains more risk. so before trading with leverage we have to make sure how to manage risk in Fx.
Nope.
High leverage is great tool. It depends on you and your skill how you will use it.
vontogr
(togr)
Member Since Feb 22, 2011
4859 posts
Feb 12 2018 at 08:19
PriceAction13 posted:
the leverage always works as a killer. Because the traders we have always fall a great loss by using leverage especially when high ration. But sometimes it brings profit very rapidly when there is real trading plan with great risk management approach. Actually forex market is too much risky and volatile. Risk is everywhere and from all trading elements leverage always contains more risk. so before trading with leverage we have to make sure how to manage risk in Fx.
Read more here
https://www.myfxbook.com/community/experienced-traders/low-leverage-is-dangerous-why/1194634,1