What leverage do you all use?
Miembro desde Oct 12, 2020
posts 38
Nov 12, 2020 at 06:04
I think it is better to keep the leverage low. I usually keep it around 1:50 for particular trade situations.
Miembro desde Oct 15, 2020
posts 37
Nov 27, 2020 at 05:18
High leverage is not less than a fear for me. I have seen people losing their money because of the high leverage. I have never used more than 10x. What is the highest leverage that you have ever used?
Miembro desde Nov 30, 2020
posts 7
Nov 30, 2020 at 14:36
Joao91 posted:
I like to keep it low. Using 1:20 so far with fxview, for me that works well. Also, it depends on what am trading. But I don’t go beyond that level.
fully agree
I prefer to use max 1:50
but if the deposit is too small and I use EA so I can set 1:500
but anyway I recommend to use low lavarage
Miembro desde Jul 06, 2020
posts 28
Dec 17, 2020 at 08:29
KennyKales posted:If I don’t use leverage I will not really be in a position to trade :(Joao91 posted:
I like to keep it low. Using 1:20 so far with fxview, for me that works well. Also, it depends on what am trading. But I don’t go beyond that level.
fully agree
I prefer to use max 1:50
but if the deposit is too small and I use EA so I can set 1:500
but anyway I recommend to use low lavarage
Miembro desde Nov 07, 2020
posts 25
Dec 17, 2020 at 11:58
Yep fully agree, at the same time highs and lows can be such relative terms if you think of it. For me anything beyond 10x is high. Fxview is giving me 500:1 and instaforex gave 1000:1, but I never go beyond 10:1.
Miembro desde Jul 06, 2020
posts 28
Dec 17, 2020 at 13:11
Marshalsam877 posted:What’s the point of using these high leverage brokers then?
Using leverage is not discouraged as such, ‘high leverage’ should be avoided.
Miembro desde Nov 07, 2020
posts 25
Dec 18, 2020 at 04:41
Coreyarren posted:I use fxview for scalping currencies because of the low spreads, and in the past used instaforex for the PAMM account. Leverage with these brokers is just a bonus.Marshalsam877 posted:What’s the point of using these high leverage brokers then?
Using leverage is not discouraged as such, ‘high leverage’ should be avoided.
Miembro desde Jul 09, 2020
posts 34
Dec 21, 2020 at 12:26
Marshalsam877 posted:Right. Less is more for me.
all brokers these days are throwing leverage at their clients.
Miembro desde Nov 17, 2020
posts 24
Jan 12, 2021 at 08:44
I don’t like to go above 1:20 and mostly keep it at 1:10. High leverage feels so risky, I don’t prefer it at all.
Miembro desde Dec 01, 2020
posts 23
Feb 10, 2021 at 09:27
At times I use 1:10 and sometimes I go with 1:20. These are the safest to use so I go with them. Using a very high leverage seems very risky to me.
Miembro desde Jul 20, 2020
posts 232
Feb 18, 2021 at 09:55
Psychology and risk management are two important parts of trading. Discipline cannot be maintained without that part. Profits cannot be made without psychology. And if you can't maintain the risk, it is not possible to sustain the investment.
Miembro desde Dec 05, 2020
posts 81
Feb 18, 2021 at 10:28
robindude posted:I see. As they say, better to be safe than sorry, Isn't it ?
I am not a fan of leverage, but they can be useful if you have smaller funds. If that was the case, I would go for 10x, max.
Miembro desde Jan 29, 2021
posts 5
Mar 30, 2021 at 10:28
I use 1:500 as it suits my trading style
