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What leverage do you all use?
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Madalyn

Member Since Jul 14, 2019  31 posts Madalyn Aug 22 2019 at 04:25
Jedimaster1 posted:
jamesgwyther posted:
^^ See Title
Hi,


The leverage that the broker offers, is one thing. The leverage you use, it's another thing. If you are looking to trade like a pro, then trade unleverage, if you're looking to trade your own money, I would advice no more than 5:1 per trade.


Oooh that is a different perspective.

togr

Member Since Feb 22, 2011  4823 posts vontogr (togr) Aug 22 2019 at 07:08
togr posted:
Madalyn posted:
togr posted:
1:30 on some account
1:100 on other account
1:500 on majority of accounts
1:1000 on some



Could you explain? (sorry for bothering you but I am just interested)


Different brokers
DIfferent conditions
Different pairs
Different trading strategies
-----------------------------------
Different leverages


It is actually good to have high leverage provided on your account. It gives you a liberty to trade with significant profit and low capital.
Other thing is how much leverage you use. In this you need to stay disciplined and follow your money mgmt plan.

jaredtaylor

Member Since Aug 05, 2019  45 posts jaredtaylor Sep 07 2019 at 06:18
I prefer low leverage. Right now using 1:50. Will gradually increase though.

pamuk

Member Since Sep 11, 2013  2 posts pamuk Sep 08 2019 at 09:38
i find 1:50 leverage perfect for me. ...and i apply only 1% of my account per trade

finnishpension

Member Since Sep 09, 2019  11 posts finnishpension Sep 09 2019 at 11:15
I use max leverage I can find from a regulated broker. Best I can find is 1:500 at the moment. As Vontogr says higher leverage is safer and better. US and EU think otherwise but they don't know what they are talking about

Madalyn

Member Since Jul 14, 2019  31 posts Madalyn Sep 12 2019 at 06:03
pamuk posted:
i find 1:50 leverage perfect for me. ...and i apply only 1% of my account per trade


Can I ask why you prefer low leverage?

Pikasso

Member Since Jan 31, 2017  153 posts SCR Traders (Pikasso) Sep 12 2019 at 07:54
I use 1:30 on accounts with FCA regulated brokers and max. 1:200 with no regulated. There are different strategies and algorithms to manage risks for each account.

Trading system developers and strategy providers.
jamesgwyther

Member Since Aug 05, 2017  289 posts jamesgwyther Sep 12 2019 at 11:42
Pikasso posted:
I use 1:30 on accounts with FCA regulated brokers and max. 1:200 with no regulated. There are different strategies and algorithms to manage risks for each account.


I use non regulated brokers for the higher leverage too

Mohammadi

Member Since Aug 11, 2017  768 posts Mohammadi Sep 13 2019 at 09:15
For avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:2000 , actually leverage is an important financial tool which always contains risk , so it is better if we avoid using high leverage in real account.

millerwe

Member Since Nov 01, 2018  14 posts millerwe Sep 26 2019 at 10:18
jamesgwyther posted:

I use non regulated brokers for the higher leverage too

Me too. My broker (turnkey forex) offers upto 500x, but I use max 200 never more than that.

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