Its great if you can do well with high leverages. but be careful dude
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yea high leverage is too risky guys but can u give more profit also if u get good trades but u can lose also ur all money bcoz it too risky my opinion is that new comers should trade with low leverage bcoz forex is a long term business
Obviously high leverage leads high loss if there is reward also but its not good if our balance is low. only 1 day ago there is my firend who make $65 from $10 but open trade with 1lot and due to gbp sudden break he lost all. and such also happen to me before , so i think its never good to use high lot if we have low balance.
me apki baat se bilkul sehmat hon bhai
lekin new comers ko high leverages se duur rehna chahiaye..
wo log zada profit ke chakkar me zada loss karwa dete hai jo ki new traders ke liye bilkul thik nahi hai
i dont think high leverages can lead high loss, lose can be because of high lots. Actually i think leverage is not much important rather than lots size.
If you are trading with high leverages, you should be extremely careful because high leverages can give you high profit but at the same time, it can lead to big loss...So you should be very careful about this thing