using leverage

New traders need to know this issue before their live trading; because, without following the money management rules the result will be costly for sure!

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.  

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.  

So do you support high leverage? What’s your personal choice?

you must care about your trading size in Lots/Units first! Leverage is secondary.

Right now I using 1:100 trading leverage in my live account & I made parameter, according to my system’s choice!

its more appropriate to use leverage in demo first of all. this approach will support you to see the real performance how it works. and this approach also supportive to avoid unfortunate risk and losses.

I use 1:30 on my EU broker, but this really makes it harder to faster grow a small account. AU brokers still offer high leverage.

In my early stage of trading I used 1:500 trading leverage & always tend to open a new trade but now I am not! Because I see, using high leverage inspires to do over trading.

Jonny87 posted:
leverage is one of the most important tools in forex market. It increases the investment ability. Traders generally choose those brokers which give more leverage than others. So it is a very important to choose a broker which has dynamic and high leverage. I choose tpglobalfx because of their high leverage which is 1:500. They don't change their ratio. It helps me to make more profit.

Agree with you. High leverage, if tackled with care, can really hike up our overall trading experience. This is why I chose Turnkeyforex as my broker since they have very good conditions, plus they provide leverage as high as 1:500, which is just a great help while trading.

High leverage can actually be safer . it allows you to use a smaller trading account and still make good profits. If you lose everything you only lose a small amount. Whereas with low leverage you have to make a big deposit to make any money. If you lose that then you are screwed

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.  

Big leverage need only for aggressive trading . If your MM conservative 1:20-50 enough for you .

Imamul posted:
its more appropriate to use leverage in demo first of all. this approach will support you to see the real performance how it works. and this approach also supportive to avoid unfortunate risk and losses.

In this I agree with you

High leverage can bring profit instantly if you are able to make proper trading planning with great risk management policy , otherwise you can fall a huge loss by taking high leverage , in this market place by and large traders in particularly the newcomers fall a great loss by taking high leverage due to non-sense planning and zero risk management approach. So, before trading with high leverage we have to know how to manage risk.

Leverage is really very good help for traders, but you need to use it wisely.

A common mistake beginning forex traders make is to use leverage without taking into account the risk in relation to the amount of money available in their trading account. Leverage can wipe out a trading account very quickly if it is not handled properly.

Although using leverage is important while you trade in forex, it is also important to take care of the risk factors associated with it. Also it is essential to maintain the leverage to be low and make use of trailing stops for reducing the downside and protecting the capital.

Leverage is really a very good help for those who want to invest and earn money.

Using leverage is fine but using high leverage is really a bad idea unless you are a professional trader knowing how risky it is.