What leverage do you all use?
Uczestnik z Jan 11, 2019
147 postów
Sep 15, 2020 at 07:54
I use a maximum leverage of 200X as it is a double edged sword which needs to be used wisely
Uczestnik z Feb 22, 2011
4862 postów
Sep 15, 2020 at 08:25
LeviSievwright5 posted:Oh man.
The less leverage you use, the better. If the leverage is low, you will refrain from over trading due to margins. I suggest using 1: 500 leverage. This leverage will always support you in trading.
If you say it is best to use low leverage and then say 1:500 is the right leverage to use
it does mean you know nothing.
Either you prefer low leverage like 1:10
Or you prefer high leverage like 1:500
You simply can't support both.
Uczestnik z Sep 07, 2020
63 postów
Sep 15, 2020 at 09:27
Using 1:15 at the most at the moment. Sometimes I prefer to use 1:10
Uczestnik z Sep 15, 2020
6 postów
Sep 15, 2020 at 10:05
my country brokers only offer 1:200 maximum
Uczestnik z Sep 12, 2017
238 postów
Sep 16, 2020 at 09:10
I prefer leverage with maximum 30X because of my country restrictions
Uczestnik z Jan 11, 2019
147 postów
Oct 13, 2020 at 12:26
Currently I am using 1:30, being a new trader I prefer keeping the leverage low due to high risk assigned with it.
Uczestnik z Feb 22, 2011
4862 postów
Oct 13, 2020 at 13:09
FXPips11 posted:It does not work that way.
500:1 then take current account balance, divided by 20, so a $500 account would be using .25 per trade.
1. There is an account leverage let say 1:500
2. Which determines how much margin is needed for trade. For your example that would be
0.25 lot is 25 000 units
So for example 25 000 usd. With leverage 1:500 you need 25 000 / 500 = $500 for margin. For 0.25 EURUSD it would be 500 EUR.
3. Your example is description of rule for volume. So you would trade 0.25 on $500 account. That is silly.
You should have a rule for risk which consist of trade volume, SL and TP. So lets say for $500 account you should open 0.01 lot trades with SL and TP equal to 10.0 pips. So as result you get either $1 profit or loss.
Oct 15, 2020 at 14:18
(edytowane Oct 15, 2020 at 14:19)
togr posted:FXPips11 posted:It does not work that way.
500:1 then take current account balance, divided by 20, so a $500 account would be using .25 per trade.
1. There is an account leverage let say 1:500
2. Which determines how much margin is needed for trade. For your example that would be
0.25 lot is 25 000 units
So for example 25 000 usd. With leverage 1:500 you need 25 000 / 500 = $500 for margin. For 0.25 EURUSD it would be 500 EUR.
3. Your example is description of rule for volume. So you would trade 0.25 on $500 account. That is silly.
You should have a rule for risk which consist of trade volume, SL and TP. So lets say for $500 account you should open 0.01 lot trades with SL and TP equal to 10.0 pips. So as result you get either $1 profit or loss.
my 350% gain in 15 trading days would beg to differ. 158 wins, 15 loses.
Uczestnik z Jul 20, 2020
298 postów
Oct 15, 2020 at 23:33
The lower the leverage in trading, the better. I suggest using 1:500 leverage.
Uczestnik z Mar 16, 2020
54 postów
Oct 16, 2020 at 04:20
currently i'm using 30x leverage because the higher leverage can be a risk.
Uczestnik z Feb 22, 2011
4862 postów
Oct 16, 2020 at 07:53
FXPips11 posted:Reallytogr posted:FXPips11 posted:It does not work that way.
500:1 then take current account balance, divided by 20, so a $500 account would be using .25 per trade.
1. There is an account leverage let say 1:500
2. Which determines how much margin is needed for trade. For your example that would be
0.25 lot is 25 000 units
So for example 25 000 usd. With leverage 1:500 you need 25 000 / 500 = $500 for margin. For 0.25 EURUSD it would be 500 EUR.
3. Your example is description of rule for volume. So you would trade 0.25 on $500 account. That is silly.
You should have a rule for risk which consist of trade volume, SL and TP. So lets say for $500 account you should open 0.01 lot trades with SL and TP equal to 10.0 pips. So as result you get either $1 profit or loss.
my 350% gain in 15 trading days would beg to differ. 158 wins, 15 loses.
This user doesn't share any systems currently.
Anyway I dont judge your trading results
but the very basic understanding of meaning of leverage, margin, trade size, etc...
Uczestnik z Feb 22, 2011
4862 postów
Oct 16, 2020 at 07:54
LeviSievwright5 posted:Oh man
The lower the leverage in trading, the better. I suggest using 1:500 leverage.
low leverage is 1:5 not 1:500
So do you approve low leverage or high?
Uczestnik z Jul 19, 2020
788 postów
Nov 08, 2020 at 02:10
I think 1:10 is the best leverage.
Uczestnik z Jul 20, 2020
298 postów
Nov 08, 2020 at 02:44
togr posted:Sorry for my mistake, I'm thinking 1:50 leverage is the best but it's my typing mistake.LeviSievwright5 posted:Oh man
The lower the leverage in trading, the better. I suggest using 1:500 leverage.
low leverage is 1:5 not 1:500
So do you approve low leverage or high?
Uczestnik z Oct 08, 2020
29 postów
Nov 09, 2020 at 10:01
I believe that leverage is truly called the double-edged sword. I have myself made both profits and losses with it. I have never used leverage more than 1:50. What is the highest leverage you ever used? Did you make profits?
