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Jan 06 at 10:21
high leverage means high risk , its not true exactly, if there is any risk it is complete with nonsense planning or zero risk management, nothing without it.

Jan 06 at 15:01
'Leverage is based on the trader's choice. The higher the leverage, the higher the profit, but the risk is also higher.

Professional traders prefer using higher leverage because they have the capital to balance the loss. Still, it is best for beginners to use lower leverage until they gain enough experience in trading.'

Jan 08 at 13:48
If you are a beginner, I advise trading with lower leverage because using higher leverage during beginner stage could bring in more loss than profit.

8christianpaul8 (8christianpaul8)
Jan 08 at 15:30
Let me copy what I have said on the other thread.

I think I have already explained this before that the leverage doesn't matter unless you trade a big size or a lot of trades that will affect the margin % on your account. When using proper position sizing, you only need to know how much are you willing to risk per trade and the total pips from the entry price to the stoploss price. Leverage doesn't matter at all. If let's say you wanted to open a trade that will be a 50-pip stoploss and you are willing to lose 500 dollars, then you can open a lot size of 10 dollars per pip or 1 lot size on a standard account. Regardless if you use a leverage of 1:1, 1:30, 1:50, 1:100 or 1:3000, the risked amount of 500 dollars on that trade will still remain the same. Please do not mislead newbie traders. Anyone who knows how to properly set the correct sizing on each trade, knows this.

Trading is a marathon, not a sprint.
Jan 31 at 13:20
Leverage just gives us buying power. It's the skills that need the most to be profitable in scalping. A trader needs to understand the market very well to become successful in scalping.

Feb 23 at 10:17
1:10 or 1:20 seems to be the safest if you want to risk less. Good luck to you.

Mar 19 at 04:53
I prefer 1:200 on most trades. It is simple and safe, works for me.

Sarjohn (Sarjohn)
Mar 19 at 08:53
1:30 is the safest leverage if you don’t want to risk so much. Although it also depends on instruments which you are trading.

Mar 19 at 17:54
fasfolds posted:
I prefer 1:200 on most trades. It is simple and safe, works for me.

Adjust the leverage according to your risk tolerance. Newbies shouldn’t take high leverage.

Mar 19 at 18:01
What is the recommended leverage for small accounts?

30X should be the maximum leverage as it is a double edged sword which works both ways