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Leverage is among the things

Mitchelsantner
Mar 06 at 10:39
34 Posts
Gleywilleyy posted:
Mitchelsantner posted:
AliaDare posted:
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.

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.

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.

But doesn’t that require a lot of expertise?

Gleywilleyy
Mar 06 at 12:41
47 Posts
Mitchelsantner posted:
Gleywilleyy posted:
Mitchelsantner posted:
AliaDare posted:
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.

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.

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.

But doesn’t that require a lot of expertise?

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.

allenaguilar
Apr 23 at 11:32
15 Posts
Making a large amount of profit with a small amount is something everyone aims at. You are right to point this out here.

UweMoench
May 01 at 12:47
589 Posts
For retail traders like us, leverage is very important. It gives us capability to trade. Without leverage we would need a lot of money to make a decent profit.

LyudmilLukanov
May 01 at 16:44
588 Posts
allenaguilar posted:
Making a large amount of profit with a small amount is something everyone aims at. You are right to point this out here.

Focus on growth more rather than earing randomly.

LioDaCap
May 02 at 10:49
6 Posts
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.

Akasuki
May 03 at 13:35
288 Posts
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.

LyudmilLukanov
May 03 at 16:56
588 Posts
LioDaCap posted:
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.

However, newbies should use high leverage. They often lose and blow their account because of that.

RobSchiz
Sep 14 at 19:09
383 Posts
LioDaCap posted:
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.

I think every new trader should use 1:50 leverage.

ohmaria
Sep 15 at 10:30
10 Posts
Leverage is good, but not knowing what to do and how to strategize them is very bad.

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