What leverage do you all use?
Oct 24, 2019 at 09:35
Leverage is an important financial tool which an investor should consider when choosing a broker, basically it allows an investor to grow his market exposure to a level that exceeds the initial investments. My trading career I always like to trade with high leverage for making profit rapidly, but sometimes it causes a great risk and losses also.
Member Since Feb 22, 2011
4862 posts
Oct 24, 2019 at 12:36
Roberto21 posted:Leverage is not any issue. It does not bring you any profit nor loss.
leverage is a very complicated issue in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.
It is simply tool. As any other tool it requires proper usage.
With right money management it works well.
forex_trader_795593
Member Since Oct 09, 2019
32 posts
Oct 25, 2019 at 12:31
Usually, I go safe with 200x-300x.
Oct 25, 2019 at 12:43
I don't really understand how that is exactly 'safe'. Is that the effective leverage you use rather than just the account setting? I feel, unless you're very experienced like togr and have plans in place to utilise the leverage if need be in case of DD, then 200-300x isn't safe.
The more I trade and learn, the lower and lower leverage I am actually working with / need to work with.
The more I trade and learn, the lower and lower leverage I am actually working with / need to work with.
Member Since Feb 22, 2011
4862 posts
Oct 25, 2019 at 15:11
Rustyiron posted:Well even with leverage of 1:30 you can wipe out your account but it would take more time.
I don't really understand how that is exactly 'safe'. Is that the effective leverage you use rather than just the account setting? I feel, unless you're very experienced like togr and have plans in place to utilise the leverage if need be in case of DD, then 200-300x isn't safe.
The more I trade and learn, the lower and lower leverage I am actually working with / need to work with.
Member Since Oct 27, 2019
1 posts
Oct 27, 2019 at 11:16
I use 1:100 or 1:200
Member Since Nov 15, 2019
26 posts
Apr 15, 2020 at 19:01
I am using mostly offshore brokers so I do use something like you know 1:200 leverage and building all my strategies all around that number and it should really be somewhat like that as I can see and know, so let's go from such topic.
Apr 28, 2020 at 15:21
leverage is useful for trader , especially if trader start with small balance hence with leverage it will giving opportunity to making transaction on Fx market , now some broker offer high leverage until 1:1000 but so far I am only use leverage 1:400 as maximum.
May 12, 2020 at 09:37
leverage is a very complicated issue in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.
May 12, 2020 at 12:02
(edited May 12, 2020 at 12:02)
Get as much leverage as you can, you don't have to use it all, the goal is not really to get to the stopout point. The leverage itself shouldn't be part of your money management strategy. I use 1:500 (australian max).
Member Since Aug 27, 2017
994 posts
May 12, 2020 at 15:50
I am not sure, 1:3000 trading leverage is for trading or gambling! Yes, which brokers manipulate traders trading result, they mainly inspire traders to trade with high risk reward ratio! By the way, Forex trading is not gambling! So, pro traders are comfortable with standard trading leverage.
Member Since Jan 06, 2020
83 posts
May 30, 2020 at 10:21
1:200 to 1:500 for me, simply the best for scalping
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