LeviSievwright5
Member Since Jul 20, 2020
298 posts
Nov 08 2020 at 02:44
togr posted:Sorry for my mistake, I'm thinking 1:50 leverage is the best but it's my typing mistake.LeviSievwright5 posted:Oh man
The lower the leverage in trading, the better. I suggest using 1:500 leverage.
low leverage is 1:5 not 1:500
So do you approve low leverage or high?
I am in the EU so max leverage I can get is 1:50. That is not good because I need large deposit before I can trade
LeviSievwright5 posted:How you gonna say low leverage and then goes on to mentioning 500x leverage? Come on, that is way too high.
The lower the leverage in trading, the better. I suggest using 1:500 leverage.
Maxwelljoe
Member Since Oct 08, 2020
29 posts
Nov 09 2020 at 10:01
I believe that leverage is truly called the double-edged sword. I have myself made both profits and losses with it. I have never used leverage more than 1:50. What is the highest leverage you ever used? Did you make profits?
Lorencecolling
Member Since Oct 01, 2020
49 posts
Nov 09 2020 at 12:27
I have never used leverage more than 1:10 ever. I am too afraid to lose my money because of my greed.
Davidtaylorr
Member Since Oct 23, 2020
31 posts
Nov 11 2020 at 06:05
It all depends upon the trade so sometimes I use around 1:10 and sometimes it even goes to about 1:30. As such, I’ve not used very high leverage.
Martingupttil
Member Since Oct 12, 2020
38 posts
Nov 12 2020 at 06:04
I think it is better to keep the leverage low. I usually keep it around 1:50 for particular trade situations.
Garrywilson
Member Since Oct 15, 2020
37 posts
Nov 27 2020 at 05:18
High leverage is not less than a fear for me. I have seen people losing their money because of the high leverage. I have never used more than 10x. What is the highest leverage that you have ever used?
I like to keep it low. Using 1:20 so far with fxview, for me that works well. Also, it depends on what am trading. But I don’t go beyond that level.
KennyKales
Member Since Nov 30, 2020
7 posts
Nov 30 2020 at 14:36
Joao91 posted:
I like to keep it low. Using 1:20 so far with fxview, for me that works well. Also, it depends on what am trading. But I don’t go beyond that level.
fully agree
I prefer to use max 1:50
but if the deposit is too small and I use EA so I can set 1:500
but anyway I recommend to use low lavarage
Coreyarren
Member Since Jul 06, 2020
28 posts
Dec 17 2020 at 08:29
KennyKales posted:If I don’t use leverage I will not really be in a position to trade :(Joao91 posted:
I like to keep it low. Using 1:20 so far with fxview, for me that works well. Also, it depends on what am trading. But I don’t go beyond that level.
fully agree
I prefer to use max 1:50
but if the deposit is too small and I use EA so I can set 1:500
but anyway I recommend to use low lavarage
Marshalsam877
Member Since Nov 07, 2020
23 posts
Dec 17 2020 at 10:06
Using leverage is not discouraged as such, ‘high leverage’ should be avoided.
1:200 for 5.000/10.000usd
1:500 for 1.000usd
1:888 for 500usd
1:500 for 1.000usd
1:888 for 500usd
Cordially, SmatchBR.
Halexpark899
Member Since Nov 07, 2020
25 posts
Dec 17 2020 at 11:58
Yep fully agree, at the same time highs and lows can be such relative terms if you think of it. For me anything beyond 10x is high. Fxview is giving me 500:1 and instaforex gave 1000:1, but I never go beyond 10:1.
Coreyarren
Member Since Jul 06, 2020
28 posts
Dec 17 2020 at 13:11
Marshalsam877 posted:What’s the point of using these high leverage brokers then?
Using leverage is not discouraged as such, ‘high leverage’ should be avoided.
Halexpark899
Member Since Nov 07, 2020
25 posts
Dec 18 2020 at 04:41
Coreyarren posted:I use fxview for scalping currencies because of the low spreads, and in the past used instaforex for the PAMM account. Leverage with these brokers is just a bonus.Marshalsam877 posted:What’s the point of using these high leverage brokers then?
Using leverage is not discouraged as such, ‘high leverage’ should be avoided.
AliaDare posted:Yes it is good. Up to 50x leverage is fine imo.
I think 1:10 is the best leverage.
Marshalsam877
Member Since Nov 07, 2020
23 posts
Dec 18 2020 at 09:34
all brokers these days are throwing leverage at their clients.