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
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.
Aaronoutfx posted:
With higher leverage you can reduce fees
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.
Sarjohn posted:Aaronoutfx posted:
With higher leverage you can reduce fees
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.
The main thing here is to have work experience, otherwise you can only get a loss from all this ...
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.
croisssan posted:Sarjohn posted:Aaronoutfx posted:
With higher leverage you can reduce fees
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.
The main thing here is to have work experience, otherwise you can only get a loss from all this ...
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.
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 $100.000 USD, it's not for retail traders
For using AutoTrade, is it necessary to match the leverage of the system you are copying? E.g. if the system is 1:500 and your max leverage is 1:30, is there any downside?
Leverage is very important. Without leverage, small investor won't be able to trade forex. Without leverage, you would need 1000$ 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.
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.
Aug 30 2021 at 08:42
necolesilvers posted:
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.
Yes. I agree with you.
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
Aug 31 2021 at 07:23
necolesilvers posted:
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.
Leverage is very useful for those investors who have little investment but having a huge knowledge about trading.
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.
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.
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.
Sep 02 2021 at 05:41
Imagine trading forex without any leverage..... haha.
All or nothing
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
