Leverage is among the things
Feb 26, 2021 at 13:59
Leverage is among the things that made forex trading very unique because leverage makes one to have chances of making good amount of profits even with small amout of capital,so leverage is good but as well as risky cause the higher the leverage the higher the risk.
Feb 26, 2021 at 14:10
Leverage give traders ability to buy contract size with using margin only, common trading activity usually using no leverage, trading in forex market have to buy currencies in lot size, standard for 1 lot is 100,000 so if no leverage used than only big boys with huge money can trade forex
Mitglied seit Jul 23, 2020
759 Posts
Feb 26, 2021 at 18:07
For using high leverage traders need proper risk management strategy to reduce its risk.
Mitglied seit Oct 13, 2020
34 Posts
Mar 05, 2021 at 11:04
AliaDare posted:Yes, I am with you on this one. Leverage should be kept as low as 1:50 since the risk tends to increase if we keep using high and high leverage with each trade.
Leverage helps provide investment security. If leverage is selected extra, the account may be at risk. So I think 1:50 leverage should be used.
Mitglied seit Jun 30, 2020
47 Posts
Mar 05, 2021 at 13:02
Mitchelsantner posted:Yes, the risk can be high with a high leverage but you can always deploy some risk management techniques to reduce the possibility of high loss.AliaDare posted:Yes, I am with you on this one. Leverage should be kept as low as 1:50 since the risk tends to increase if we keep using high and high leverage with each trade.
Leverage helps provide investment security. If leverage is selected extra, the account may be at risk. So I think 1:50 leverage should be used.
Mitglied seit Oct 28, 2020
1 Posts
Mar 05, 2021 at 14:14
yes Gleywilleyy,
But one of those risk management techniques that you mention could be a leverage of 1:50 and I think it is one of the most suitable to be able to work with little capital and not risk too much.
But one of those risk management techniques that you mention could be a leverage of 1:50 and I think it is one of the most suitable to be able to work with little capital and not risk too much.
Mitglied seit Dec 17, 2020
17 Posts
Mar 06, 2021 at 07:23
Along with giving the traders the chance to make bigger profits, leverage also gives the chance to make bigger losses. Make sure that you know what you are doing before you use it.
Mitglied seit Oct 13, 2020
34 Posts
Mar 06, 2021 at 10:39
Gleywilleyy posted:But doesn’t that require a lot of expertise?Mitchelsantner posted:Yes, the risk can be high with a high leverage but you can always deploy some risk management techniques to reduce the possibility of high loss.AliaDare posted:Yes, I am with you on this one. Leverage should be kept as low as 1:50 since the risk tends to increase if we keep using high and high leverage with each trade.
Leverage helps provide investment security. If leverage is selected extra, the account may be at risk. So I think 1:50 leverage should be used.
Mitglied seit Jun 30, 2020
47 Posts
Mar 06, 2021 at 12:41
Mitchelsantner posted:See you can practice how to use stop loss correctly to keep a check on your trade. This will also help you to minimize the losses. There is not a lot that you’ll have to do but with certain trials and practice, you’ll get the hang of it. I also started with a little knowledge with IB and Fxview but I kept practicing and understood how things work in forex.Gleywilleyy posted:But doesn’t that require a lot of expertise?Mitchelsantner posted:Yes, the risk can be high with a high leverage but you can always deploy some risk management techniques to reduce the possibility of high loss.AliaDare posted:Yes, I am with you on this one. Leverage should be kept as low as 1:50 since the risk tends to increase if we keep using high and high leverage with each trade.
Leverage helps provide investment security. If leverage is selected extra, the account may be at risk. So I think 1:50 leverage should be used.
Mitglied seit Jan 08, 2021
15 Posts
Apr 23, 2021 at 11:32
Making a large amount of profit with a small amount is something everyone aims at. You are right to point this out here.
Mitglied seit Jul 23, 2020
869 Posts
May 01, 2021 at 16:44
allenaguilar posted:Focus on growth more rather than earing randomly.
Making a large amount of profit with a small amount is something everyone aims at. You are right to point this out here.
May 03, 2021 at 13:35
Leverage is very important for online trading. Without leverage traders like us won't be able to be trade. To open a .01 lot trade, one needs 1000$. Everyday a currency pair moves in a fraction in decimal. Without leverage good profit is not possible.
Mitglied seit Jul 23, 2020
869 Posts
May 03, 2021 at 16:56
LioDaCap posted:However, newbies should use high leverage. They often lose and blow their account because of that.
which leverage is more appropriate for trading its depend on your money management, if have good money management you can bring a good result , otherwise not.
Mitglied seit Sep 15, 2021
9 Posts
Sep 15, 2021 at 10:37
RobSchiz posted:LioDaCap posted:I think every new trader should use 1:50 leverage.
which leverage is more appropriate for trading its depend on your money management, if have good money management you can bring a good result , otherwise not.
If possible I would use 1:1000+ leverage so that I can deposit less. Just because leverage is large does not mean you need to max it out and trade 10 Lots with every trade
Mitglied seit Mar 17, 2021
536 Posts
Sep 16, 2021 at 18:57
Zyakko posted:Leverage is good if you have proper knowledge about this.
Leverage is a great tool if you know how to use it wisely. The risks are really huge when you use the leverage in your trading, but it gives the opportunity to boast your budget.
