Feb 18 at 12:06
Yes there are some compliance that have to be followed by forex brokers. But choosing one of the brokers is a very important task. I would recommend that shortlist some of the brokers and make comparisons between them.
Feb 18 at 13:21
LeviSievwright5 posted:
Leverage helps keep the account secure. It is very difficult to gain trading profit. If you cannot maintain the loss ratio properly, it is impossible to make a profit.
I think that without using leverage trading is of no use, hardly any profits there.
Every trader should also do that. Increasing lot size without proper measurement is kind of suicide in my opinion.
Feb 19 at 04:46
IvarHardy posted:
Every trader should also do that. Increasing lot size without proper measurement is kind of suicide in my opinion.
True that..
Feb 19 at 05:59
Markwoods posted:
Well, I have been using an ECN broker and I can tell you that I haven’t faced such issues with them so far.
I can second that since I’ve been using XM and Fxview’s ECN too. The spreads are tight and the leverage is also fine. I try to keep the leverage low but then for some particular trades, it is got to be high. I mean if you’re not risking much, you won’t earn more profits, right?
I believe that everyone should have the right approach to trading, which is why I now use ECN with a leverage of 1: 200 and a deposit of $ 200 from Amarkets broker.
Feb 20 at 10:06
Femilas posted:
I believe that everyone should have the right approach to trading, which is why I now use ECN with a leverage of 1: 200 and a deposit of $ 200 from Amarkets broker.
can you inbox me your broker details
Feb 20 at 10:40
Lycineandrew posted:
Hey Rassell, I don’t go beyond 1:200 with the leverage and overall I don’t like to risk more than 2% of my trades.
Isn’t 2% low? I would risk at least 4% of my total trade to be able to get somewhere with returns.
Feb 20 at 12:59
Lycineandrew posted:
That is somewhat right. I usually don’t go very high with the leverage since I feel it is kind of risky.
Yeah it can be a bit risky. I don’t know why people use such a high leverage, at least I’m not a risk taker.
Feb 22 at 09:54
Mathewshayden posted:Lycineandrew posted:
That is somewhat right. I usually don’t go very high with the leverage since I feel it is kind of risky.
Yeah it can be a bit risky. I don’t know why people use such a high leverage, at least I’m not a risk taker.
Probably because of high profits. Doesn’t high risk equals high profit. I never risk high so who knows!
