Dear friends I am trading on 1:200 but I want to try on high leverage. Tell me what are the risk and possibilities ? Is it a reliable ?
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Dear friends I am trading on 1:200 but I want to try on high leverage. Tell me what are the risk and possibilities ? Is it a reliable ?
High leverage will always eat your balance. It should be used when you are confirm about the trend. I think it will be difficult to predict trend in forex. With high leverage you should not trade in the volatile period it will hit your margin call immediately. Now you can pick from this facts and decide whether to use or not.
leverage is main and impotent is every Forex trader because you choose you leverage by your account amount . I think 1:200 is right for small account and 1:400 is big account. you take risk more in your big account.
High leverage is not bad if we don't misuse it. By misusing it I mean if we don't open big lot size and if we don't over trade then high leverage is quite beneficial. With high leverage we can open the same position with the less margin.
I agree with you nikhil_rrane. High leverage will always lead us to early margin call if the trade is going down for us. High leverage helps us to make quick money too but if we want to survive in the market for long period, we need to start trading with small leverage first. It will be best to hang on to the market as long as possible without getting margin call soon.
I trade with 1:1000 leverage, yet I decide lot size on the basis of 1:100 because then i am able to safeguard mywself from trading with huge lots and risking more funds for stupid trades
I think between laverage high and low laverage each has advantages and disadvantages that should be every trader already know. For the active trader should choose low laverage, to maintain margins
i do not know exactly about this, but about profit does not depend to this situation, as we know the problem is how we make it good or not, do we can open position with good or not and how do we make analysis, so if we can make some profit with consistent, there is no problem about leverage
high leverages are good as well as bad too. if you want to made good and quick profit by knowing trend over forex market, then leverages comes good for you. But if you made loss, then its comes out bad for you.
Even, myself following and playing with small leverages because myself consider me as a beginner.