What leverage do you all use?
jamesgwyther
Miembro desde Aug 05, 2017
289 mensajes
Sep 26 2019 at 11:00
millerwe posted:jamesgwyther posted:
I use non regulated brokers for the higher leverage too
Me too. My broker (turnkey forex) offers upto 500x, but I use max 200 never more than that.
WHy 200 max?
Mohammadi
Miembro desde Aug 11, 2017
825 mensajes
Oct 24 2019 at 09:35
Leverage is an important financial tool which an investor should consider when choosing a broker, basically it allows an investor to grow his market exposure to a level that exceeds the initial investments. My trading career I always like to trade with high leverage for making profit rapidly, but sometimes it causes a great risk and losses also.
Roberto21
Miembro desde May 02, 2019
355 mensajes
Oct 24 2019 at 09:56
leverage is a very complicated issue in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.
vontogr
(togr)
Miembro desde Feb 22, 2011
4862 mensajes
Oct 24 2019 at 12:36
Roberto21 posted:
leverage is a very complicated issue in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.
Leverage is not any issue. It does not bring you any profit nor loss.
It is simply tool. As any other tool it requires proper usage.
With right money management it works well.
Miembro desde Oct 09, 2019
32 mensajes
Usually, I go safe with 200x-300x.
Rustyiron
Miembro desde Mar 21, 2017
25 mensajes
Oct 25 2019 at 12:43
I don't really understand how that is exactly 'safe'. Is that the effective leverage you use rather than just the account setting? I feel, unless you're very experienced like togr and have plans in place to utilise the leverage if need be in case of DD, then 200-300x isn't safe.
The more I trade and learn, the lower and lower leverage I am actually working with / need to work with.
The more I trade and learn, the lower and lower leverage I am actually working with / need to work with.
vontogr
(togr)
Miembro desde Feb 22, 2011
4862 mensajes
Oct 25 2019 at 15:11
Rustyiron posted:
I don't really understand how that is exactly 'safe'. Is that the effective leverage you use rather than just the account setting? I feel, unless you're very experienced like togr and have plans in place to utilise the leverage if need be in case of DD, then 200-300x isn't safe.
The more I trade and learn, the lower and lower leverage I am actually working with / need to work with.
Well even with leverage of 1:30 you can wipe out your account but it would take more time.
Likerebateforex
(likerebate)
Miembro desde Oct 27, 2019
1 mensajes
Oct 27 2019 at 11:16
I use 1:100 or 1:200
AniLorak
Miembro desde Apr 18, 2017
917 mensajes
Oct 31 2019 at 05:15
My maximum parameter is 1:100. Now I am not doing over-trading; so no need to use any aggressive parameter!