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Leverage is among the things
Sep 16, 2021 at 19:04
If used well, leverage can be very rewarding. However, there are many brokers out there that offer really high leverage options. Just because this high leverage is offered it doesn't mean you need to use it all. The truth is that you need to calculate your own risk and make an assessment of what level of leverage will bring the results you want without risking too much.
Member Since Mar 16, 2021
447 posts
Sep 19, 2021 at 01:18
Leverage is very important in trading. Every trader has to work with leverage. For this, you have to make a trading plan by choosing the right leverage.
Member Since Jun 14, 2021
51 posts
Sep 24, 2021 at 06:34
True that but more than choosing the right kind of leverage what is important is to understand your risk appetite and what the market demands. Many traders go for higher leverage with zero risk management and trading strategies, hence resulting in blowing up their leveraged trading account, which is the mother of all stress.
Member Since Nov 12, 2020
13 posts
Sep 25, 2021 at 16:02
Leverage is a nice tool but it is really risky. So, if you are a newbie, you'd better stay away from trading with leverage as you may blow your budget within a minute.
Member Since Jun 14, 2021
27 posts
Sep 27, 2021 at 07:26
Leverage is a game changer. It can give you huge rewards or can deplete your account balance in no time. It’s advisable to always use stop loss and not to take positions without establishing reward to risk possibilities. Set a strategy where you won’t have to take losses greater than 1 or 2%
Member Since Jun 07, 2021
70 posts
Sep 28, 2021 at 06:24
Leverage is among the things that make forex trading exciting. It's one of the factors that increase your profit, but it can also increase your risk exposure. Using leverage can multiply the effectiveness of a small amount of money, but it also magnifies losses. So be careful and use proper money management.
Member Since May 27, 2021
63 posts
Sep 28, 2021 at 11:19
Leverage is a double edged sword. Extra caution is always required while trading with leverage.
Sep 30, 2021 at 15:43
@Tradextol Yes leverage can cause a huge loss but leverage is also needed at the same time if you have small capital. To open a .01 lot trade, we need 1000$. So without leverage it's difficult to trade.
Sep 30, 2021 at 17:03
(edited Sep 30, 2021 at 17:04)
Leverage can give you great % gains with little money but great % losses which could blow up your account quite quickly if not properly funded. The best way to deal with it is to decide what is the percentage loss you are willing to loose on a trade when at a certain price and make your lot size accordingly in relation to your balance. That way the likeliness for your account to blow up is much lower.
Integrity is the seed for achievement. It is the principle that never fails. - Earl Nightingale
Member Since Mar 17, 2021
494 posts
Nov 04, 2021 at 18:30
cgasucks posted:
Leverage can give you great % gains with little money but great % losses which could blow up your account quite quickly if not properly funded. The best way to deal with it is to decide what is the percentage loss you are willing to loose on a trade when at a certain price and make your lot size accordingly in relation to your balance. That way the likeliness for your account to blow up is much lower.
To make money with leverage, you need proper knowledge.
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