togr posted: Nope. Leverage does not control the loss on your account. It simply determines margin needed to open and maintain position.
Agree with you. 100% People think small leverage so you lose and earn more slowly, but in fact you either lose time, because you can earn normally with such an account only after a long time, if you can. In this case it will be more profitable to put this amount in a bank. Either you lose a lot of money, because, as you said, you need to put a large amount for trading. As a result of these restrictions, they simply throw out smaller players from the market, leaving only large ones.
Very good advice and opinions from all of you. I may act that leverage is controlled by the size of your position in relation to your account size. On the other hand, low or high leverage really doesnt make a difference if you dont have a consistent trading system.