High leverage can stop traders from using this system, in fact, such risks are justified either for a large amount on the account or for the most profitable position. But it does not happen so often. To a greater extent, many traders work in a quieter format.
Actually, it all looks tense enough. Because here we see both a large leverage and a fairly serious drawdown. And that's certainly an indication that you have iron nerves. You've chosen a serious work format. Well, congratulations.
It seems to me that the trend of using such leverage has now become extremely popular. I think that traders want something new and fresh and that's why they started to go beyond the limits. This is normal. Especially considering the events of this year. So it's quite natural...
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.