Edit Your Comment
Leverage question.
Biedrs kopš
1 ieraksti
Nov 15, 2020 at 07:06
(labots Nov 15, 2020 at 07:08)
Biedrs kopš
1 ieraksti
Hi guys,
I'm new to trading. Currently trading on ECN broker. Since ECN broker charge per lot comission.
1) It makes sense if I trade on high leverage right? Since higher leverage means lower lot size = lower comission. Note that I only risk 1% per trade, so high or low leverage only affects my lot size, not my per trade $ size.
2) I'm using position size calculator in myfxbook but is there a way to not re-enter 500 contract size each time I turn it on?
Thx!
I'm new to trading. Currently trading on ECN broker. Since ECN broker charge per lot comission.
1) It makes sense if I trade on high leverage right? Since higher leverage means lower lot size = lower comission. Note that I only risk 1% per trade, so high or low leverage only affects my lot size, not my per trade $ size.
2) I'm using position size calculator in myfxbook but is there a way to not re-enter 500 contract size each time I turn it on?
Thx!
Biedrs kopš
298 ieraksti
Nov 16, 2020 at 01:00
Biedrs kopš
298 ieraksti
You can use 1:50 leverage. This leverage will provide security to your account.
Biedrs kopš
994 ieraksti
Nov 23, 2020 at 11:45
Biedrs kopš
994 ieraksti
if you think only learning can safe you when trading
, its completly wrong , you have to ensure regular practice session besdies this .
, its completly wrong , you have to ensure regular practice session besdies this .
Biedrs kopš
536 ieraksti
Apr 30, 2021 at 18:47
Biedrs kopš
536 ieraksti
Adribaasmet posted:Yes. Practice makes a man perfect. To become a good trader, You have to practice more and more.
if you think only learning can safe you when trading
, its completly wrong , you have to ensure regular practice session besdies this .
Biedrs kopš
994 ieraksti
May 02, 2021 at 10:30
Biedrs kopš
994 ieraksti
mostly use hugh leverage right now , 1:3000 trading leverage is for trading or gambling! Yes, which brokers manipulate traders trading result, they mainly inspire traders to trade with high risk reward ratio! By the way, Forex trading is not gambling! So, pro traders are comfortable with standard trading leverage.
Biedrs kopš
788 ieraksti
May 02, 2021 at 17:00
Biedrs kopš
788 ieraksti
Leverage usually depends on the investment. If my investment is good, I can use 1: 100 leverage.
Biedrs kopš
477 ieraksti
May 03, 2021 at 00:59
Biedrs kopš
477 ieraksti
AliaDare posted:Yes, I think so too. Leverage should be selected depending on the investment.
Leverage usually depends on the investment. If my investment is good, I can use 1: 100 leverage.
Biedrs kopš
869 ieraksti
Sep 07, 2021 at 14:02
Biedrs kopš
869 ieraksti
Try it in the demo first to see what leverage is to use.
Biedrs kopš
759 ieraksti
Sep 08, 2021 at 09:36
Biedrs kopš
759 ieraksti
New traders should stick with low leverage to minimize the risk.
Biedrs kopš
10 ieraksti
Nov 12, 2021 at 12:56
Biedrs kopš
10 ieraksti
I guess that you don't need to trade with high leverage, because it can easily devastate your account. Novices would better start their acquintance with ordinary trading activity without leverages, because when they meet trading activity they must have to meet the market and understand how the price changes. Well, if you are eager to know how to trade with leverages then you can read some theory or wtch some videos from professionals. Even if you decide to trade with leverages, you have to start off the minimum leverage which is provided by your broker.
Biedrs kopš
17 ieraksti
Sep 07, 2023 at 04:42
Biedrs kopš
17 ieraksti
Yes, higher leverage can lead to smaller lot sizes and lower commissions, but be cautious not to over-leverage and manage risk properly.
Check if your position size calculator has a 'save' or 'preset' feature to store your preferred contract size for convenience.
Check if your position size calculator has a 'save' or 'preset' feature to store your preferred contract size for convenience.
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.