Nov 05 2020 at 12:34
Seen most of the traders going with a normal range instead of lower or higher leverage. What leverage you use as a trader and why?
Medlem sedan Oct 22, 2020
42 poster
1:100 to 1500 is leverages I have been using and good profits in return, some broker will limit it with very big balance.
Nov 05 2020 at 13:29
I generally use 1:20 and sometimes go to 1:50. Higher leverage seems lucrative but from my experience they just work against you.
Nov 05 2020 at 15:01
1:50 is my sweet spot
Be more financially free then yesterday.
Nov 05 2020 at 15:02
colininghrams posted:
I generally use 1:20 and sometimes go to 1:50. Higher leverage seems lucrative but from my experience they just work against you.[quote
Totally agree with you. I use 1_100. Anything above just seems too risky for my strategy.
Have a good trading day!
Nov 06 2020 at 03:09
I usually use 1: 500 leverage. And I always suggest a beginner trader use this leverage.
Medlem sedan Oct 22, 2020
42 poster
LeviSievwright5 posted:
I usually use 1: 500 leverage. And I always suggest a beginner trader use this leverage.
It's a bad ideal to tell beginner to use that, only pros should.
Forex or any other trading for that matter can only benefit when you’ve got complete control over your emotions. I believe with higher leverage you let emotions take over you. Isn’t trading all about minimizing risk? So why use higher leverage in the first place?! My suggestion would be to go for lower or intermediate leverage and don't fall in the trap of higher leverages.
Nov 06 2020 at 11:10
Been using 1:400, works fine for me.
