LeviSievwright5 posted:How you gonna say low leverage and then goes on to mentioning 500x leverage? Come on, that is way too high.
The lower the leverage in trading, the better. I suggest using 1:500 leverage.
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?
Nov 09 2020 at 12:27
I have never used leverage more than 1:10 ever. I am too afraid to lose my money because of my greed.
Nov 12 2020 at 06:04
I think it is better to keep the leverage low. I usually keep it around 1:50 for particular trade situations.
Nov 27 2020 at 05:18
High leverage is not less than a fear for me. I have seen people losing their money because of the high leverage. I have never used more than 10x. What is the highest leverage that you have ever used?
I like to keep it low. Using 1:20 so far with fxview, for me that works well. Also, it depends on what am trading. But I don’t go beyond that level.
Nov 30 2020 at 14:36
Joao91 posted:
I like to keep it low. Using 1:20 so far with fxview, for me that works well. Also, it depends on what am trading. But I don’t go beyond that level.
fully agree
I prefer to use max 1:50
but if the deposit is too small and I use EA so I can set 1:500
but anyway I recommend to use low lavarage
Dec 17 2020 at 08:29
KennyKales posted:If I don’t use leverage I will not really be in a position to trade :(Joao91 posted:
I like to keep it low. Using 1:20 so far with fxview, for me that works well. Also, it depends on what am trading. But I don’t go beyond that level.
fully agree
I prefer to use max 1:50
but if the deposit is too small and I use EA so I can set 1:500
but anyway I recommend to use low lavarage
1:200 for 5.000/10.000usd
1:500 for 1.000usd
1:888 for 500usd
1:500 for 1.000usd
1:888 for 500usd
Cordially, SmatchBR.
Dec 17 2020 at 11:58
Yep fully agree, at the same time highs and lows can be such relative terms if you think of it. For me anything beyond 10x is high. Fxview is giving me 500:1 and instaforex gave 1000:1, but I never go beyond 10:1.
Dec 17 2020 at 13:11
Marshalsam877 posted:What’s the point of using these high leverage brokers then?
Using leverage is not discouraged as such, ‘high leverage’ should be avoided.
Dec 18 2020 at 04:41
Coreyarren posted:I use fxview for scalping currencies because of the low spreads, and in the past used instaforex for the PAMM account. Leverage with these brokers is just a bonus.Marshalsam877 posted:What’s the point of using these high leverage brokers then?
Using leverage is not discouraged as such, ‘high leverage’ should be avoided.
AliaDare posted:Yes it is good. Up to 50x leverage is fine imo.
I think 1:10 is the best leverage.
I currently trade with a maximum leverage of 500:1 using FP Markets under their ASIC regulation since their offshore regulation provides lower leverage.
Dec 21 2020 at 12:26
Marshalsam877 posted:Right. Less is more for me.
all brokers these days are throwing leverage at their clients.
Jan 12 2021 at 08:44
I don’t like to go above 1:20 and mostly keep it at 1:10. High leverage feels so risky, I don’t prefer it at all.
illscarce874 posted:I don't use high leverage either.
I don’t like to go above 1:20 and mostly keep it at 1:10. High leverage feels so risky, I don’t prefer it at all.
Feb 10 2021 at 09:27
At times I use 1:10 and sometimes I go with 1:20. These are the safest to use so I go with them. Using a very high leverage seems very risky to me.
I am not a fan of leverage, but they can be useful if you have smaller funds. If that was the case, I would go for 10x, max.
Feb 18 2021 at 09:55
Psychology and risk management are two important parts of trading. Discipline cannot be maintained without that part. Profits cannot be made without psychology. And if you can't maintain the risk, it is not possible to sustain the investment.
