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using leverage

lovefortrading (perryjohn765)
Aug 23 at 12:42
238 Posts
there is no such right or wrong. one thing is to be taken care that leverage is double edged sword.The higher the leverage, the higher is the profit and higher is the loss

Suradi (FXOday)
Aug 23 at 23:34
166 Posts
Using leverage in account forex trading should to understand, maybe there are trader like to use high leverage like as 1:1000, in my opinion, this leverage only endangers account if you cant control decision trading, basically using such leverage will allow the trader to open bigger lot size and this possible become nightmare for the trader.

Aug 24 at 01:15
370 Posts
FXOday posted:
Yes, leverage is important in forex business, without leverage maybe retail trader they cant take part in forex trading because to buy 1 lot need real value contract size $100.000, with leverage trader can trade in small portion even start using 0.01 lot size still okay.

Yes of course, leverage helps a lot in reducing risk. So to maintain the risk, a small leverage should be selected.

Sep 04 at 13:04
336 Posts
Without leverage, traders with small capital like us will not be able to trade. It gives us enough liquidity to open a trade. Otherwise we would need 1000$ capital just to open.01 lot.

Sep 04 at 13:52
637 Posts
@Akasuki I agree with you. Without leverage we won't be able to trade anymore. Leverage gives us the power to open trade with small capital.

Sep 04 at 15:34
283 Posts
in your work you need to use everything that you think is half-full and that will improve your results, well, at least it is worth trying

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