I had a problem with leverage ratio. I used high leverage without real trading plan and became loser. I request, please before live account, trade in a demo account with leverage. Minimum you would see the performance how leverage works.
I think we should not use high leverage in the begining of our trading period and should use low leverage, you can make some good and small profit it and can continue with high leverage when you get some good experience.
Being a newbie, always go for low leverage like 100x or 50x. It will help you in understanding the concept of the leverage that how it works, what role does it play in a trade. Using leverage is a complex decision always make it with the utmost care and analysis.
Leverage is a double-edged sword that can help increase profits, but can also accelerate losses. When you use leverage to trade in the forex market, you need to fully understand the advantage and disadvantage of leverage.
actually so many important financial tool in Forex trading , from all leverage is most important which an investor should consider when choosing a broker , it completely relates with risk management , if you know how to manage risk , i think there is very few chance to bring good amount of losses by using leverage , otherwise really it could be dangerous.
Leverage is a very important tool for trading in forex. It helps a trader to earn more money with their little investment. But without proper knowledge, using high leverage can be very risky. So, think before you using high leverage.
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.