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How true is High leverage = High risk?
Member Since Aug 05, 2021
394 posts
Jul 14, 2022 at 16:23
Leverage can make or break you. I've always heard it referred to as a double-edged sword, which I'm sure has been mentioned here already. For beginners, I think the risk factor of blowing your account thanks to high leverage is even more so. I've even seen surveys where many professional traders say they stick to a leverage of around 1:100. That being said, I still think it's great to be offered the option to use high leverage, but you have to decide if it's right for you.
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