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money manage and leverage
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Jan 01, 2021 at 11:57
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williamhayes posted:True that. I’ve been working on some high leverage myself with different brokers. I wouldn’t have thought about this before and I always kept it as low as 1:200.
The higher the leverage, the higher are the chances of making profits. It is an interesting game if you think about it.
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Jan 04, 2021 at 05:55
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Marksteve posted:I think anyone can try their hands on high leverage once in a while. There is no such rule for that. Yes, the risk would be high but isn’t that the whole point of trading?
I don’t know, I haven’t used high leverage ever.
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Jan 04, 2021 at 11:01
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williamhayes posted:I agree with you. But sometimes, I feel like high leverage is only for expert traders and that it is difficult for others to minimise losses. I like to trade on demos along with the live accounts and it is somewhat easy to keep the leverage high on demos. Wish it was as easy on live. I’m using Fxview and XTB as my brokers now, still using my old account of Mitrade for demo and trying out different strategies including a higher leverage.Marksteve posted:I think anyone can try their hands on high leverage once in a while. There is no such rule for that. Yes, the risk would be high but isn’t that the whole point of trading?
I don’t know, I haven’t used high leverage ever.
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Jan 28, 2021 at 09:17
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The two important concepts of forex money management is leverage and margin, Leverage allows traders to invest much more than available into their trading account whereas margin is the real amount that a trader needs to put forward in order to open a trade.
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