I never trader on lower than 1 : 100 leverage. Its good for me and suits me as well. But from the day I am on insta broker I always trade with 1 : 1000 leverage. When we have the chance of using such high leverage then why not use it.
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I never trader on lower than 1 : 100 leverage. Its good for me and suits me as well. But from the day I am on insta broker I always trade with 1 : 1000 leverage. When we have the chance of using such high leverage then why not use it.
i use 1:100 on my account. . You may use leverage according to your capital. I always use low leverage for my account safety. In fact the leverage from my point of view the more significant as we make more profit,
I think the smaller laverage for a newbie will get better, because the money you save will be more secure. remember ... laverage that the greater the risk will be greater, though of course also a big profit opportunities
Up until now, my leverage is still 1:100. I am not planning to increase or decreased it because i already feel comfort with that. Increasing the leverage would increased the profit and the risk. Decreasing the leverage would decreased the profit but decreasing the risk too. Which means every changes of leverages would makes a psychological changes too.
The lowest leverage that I have ever used is 1:100,which I find can be so suitable for the newbies in forex.Well,if you can manage your account well,I think you choose a higher leverage there.
but I am not suitable to use laverage 1:100 friend, I prefer to use laverage 1:1000, although I was a beginner I would rather use a large laverage, due to the large laverage then we can do the order by as much as possible, because if there is an order a floating minus then we can order more, in contrast to using laverage 1:100, if the floating minus then it can not do the order again.
it is true what you said my brother a simple advises all you have to learn what you can, you can make a planing time to properly organize what you read and you can see the tutorial on this subject and you can do the difference between what you say and you will do your business with total security.
Generally i have never changed my leverage in forex exchange trading business. Since my starting days, i discovered that low leverage was the best for the newbies. I use 1 : 200 and it is the highest and then also lowest leverage i ever used.
leverage is using to set the margin and it depends to the situation and if the trader have a little capital in their balance then they can set the leverage with 1 : 500 or 1 : 1000 to get the larger margin and then they can make open position with comfortable but always remeber to set the lots size with wise and do not think to get money with fast, take a safe way is better