How true is High leverage = High risk?

Nov 12, 2020 at 07:22
3,777 Views
61 Replies
Member Since Aug 05, 2021   401 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.
Member Since Jul 13, 2022   32 posts
Jul 28, 2022 at 06:52
Yes, high leverage entails both high risk and high reward. It is important to understand how to use it wisely.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.