lovefortrading
(perryjohn765)
Uczestnik z Sep 12, 2017
238 postów
Aug 24 2021 at 13:05
leverage plays an important role. one might not have enough funds to place a trade in that case leverage plays a major role using which one can place trade with more than what he actually has
forextrader777
Uczestnik z Jan 16, 2021
133 postów
Aug 25 2021 at 11:00
Leverage is very useful if you know how to take advantages of it, and Leverage is very bad if you cannot understand how to use it. So, I think it falls down to whoever can practice them well.
Sar John
(Sarjohn)
Uczestnik z Dec 28, 2020
187 postów
Aug 25 2021 at 11:12
Aaronoutfx posted:Exactly this is what leverage is, with less funds it increases the chances of opening a higher position which eventually helps to make good profit.
With higher leverage you can reduce fees
croisssan
Uczestnik z Jul 22, 2021
939 postów
Aug 25 2021 at 13:35
Sarjohn posted:The main thing here is to have work experience, otherwise you can only get a loss from all this ...Aaronoutfx posted:Exactly this is what leverage is, with less funds it increases the chances of opening a higher position which eventually helps to make good profit.
With higher leverage you can reduce fees
Anayallador
Uczestnik z May 10, 2019
26 postów
Aug 25 2021 at 18:41
Everything depends on your personal preferences. Some traers claim that leverages are very useful and they help you to generate big sums of money, others state that leverages are very dangerous and it's the easiest way to lose all your funds. I suppose that everything has its own advtantages and disadvantages. Leverages aren't an exception actually. To my mind, leverages are quite helpful for those traders who have solid experience in trading activity and want to try something new, because they can weigh all the risks before open a deal and decide whether this deal worths it or not. So, that's why leverages aren't for rookies.
Sar John
(Sarjohn)
Uczestnik z Dec 28, 2020
187 postów
Aug 26 2021 at 10:06
croisssan posted:yes experience matters a lot, with experience you will get to know how much leverage you have to use because it also varies with trading instruments.Sarjohn posted:The main thing here is to have work experience, otherwise you can only get a loss from all this ...Aaronoutfx posted:Exactly this is what leverage is, with less funds it increases the chances of opening a higher position which eventually helps to make good profit.
With higher leverage you can reduce fees
Suradi
(FXOday)
Uczestnik z Apr 03, 2021
465 postów
Aug 26 2021 at 23:11
Leverage is useful, if trading without leverage, hence only rich traders will be able to open trades because trading will, based contract size,
and standard contract size 1 lot is $100.000 USD, it's not for retail traders
and standard contract size 1 lot is $100.000 USD, it's not for retail traders
For using AutoTrade, is it necessary to match the leverage of the system you are copying? E.g. if the system is 1:500 and your max leverage is 1:30, is there any downside?
Akasuki
Uczestnik z Mar 28, 2021
617 postów
Aug 28 2021 at 07:21
Leverage is very important. Without leverage, small investor won't be able to trade forex. Without leverage, you would need 1000$ to open .01 lot.
It can be useful but it also can be the source of absolute fail. It depends on your skill. Just like a hammer: you can build something with it or you can break your arm. Depends on you.
necolesilvers
Uczestnik z Jun 14, 2021
28 postów
Aug 30 2021 at 04:12
If used properly, Leverage can be really useful but one needs to know that leverage has a potential to magnify your profits as well as losses.
SteveHanks
Uczestnik z Mar 17, 2021
536 postów
Aug 30 2021 at 08:42
necolesilvers posted:Yes. I agree with you.
If used properly, Leverage can be really useful but one needs to know that leverage has a potential to magnify your profits as well as losses.
Unellene
Uczestnik z Aug 01, 2021
283 postów
Aug 30 2021 at 16:28
in general, there are many upsects in forex that can greatly affect your profit, and this must always be taken into account in your work
WaltonCharles
Uczestnik z Mar 21, 2021
144 postów
Aug 31 2021 at 07:23
necolesilvers posted:Leverage is very useful for those investors who have little investment but having a huge knowledge about trading.
If used properly, Leverage can be really useful but one needs to know that leverage has a potential to magnify your profits as well as losses.
Alexthetrader
Uczestnik z May 27, 2021
64 postów
Aug 31 2021 at 07:55
leverage is called a double-edged sword in the forex market because of the risks associated with it. As much as leverage can be used to increase your profits in the forex trading market, it can increase the risks too.
Because of this, it is something that traders should use with a lot of care.
Because of this, it is something that traders should use with a lot of care.
Imamul
Uczestnik z Aug 09, 2017
773 postów
Sep 01 2021 at 08:17
according to me newcomers should not trade with using leverage at the first stage of trading , because it contains huge risk than others financial tool.
HeavenLeighGill
(HeavLeighGill26)
Uczestnik z Aug 05, 2021
401 postów
Sep 02 2021 at 03:19
Not sure if anyone has mentioned it yet but leverage is often referred to as a “double edged sword” for good reason.
Karlos Fandango
(Smith2525)
Uczestnik z Mar 15, 2019
82 postów
Sep 02 2021 at 05:41
Imagine trading forex without any leverage..... haha.
All or nothing
BrokerChoice
(ChanKaiTai)
Uczestnik z Aug 13, 2021
43 postów
Sep 02 2021 at 06:11
Yes... using leverage is very important in trading fx... trading fx is all about few hundred pips- thousand pips... there is no way to invest 100K USD to aim for these few profit