The greater the size of the contract the greater the profit or loss, why you mentioned the loss and did not mention the profit, although there is a high probability of profit
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The greater the size of the contract the greater the profit or loss, why you mentioned the loss and did not mention the profit, although there is a high probability of profit
yes indeed the greater the leverage risk of
greater losses that traders get when trading forex.
but keep in mind that the greater leverage is also increasingly
identified to gain high returns from traders in forex trading.
so choose wisely leverage. I usually use 1: 1000 leverage
I agree with you friend. leverage can be our friend and
may endanger us and its dependence on the traders mentality.
I think when we have the right knowledge then it will automatically say which leverage is best for us and for this we need to learn forex as much as possible.
I do not think leverage is bad for forex trading
I think this is the most attractive factor of the forex market that allows traders to transact a lot with a small amount. Merchants who know the technique of utilizing high leverage
produce very handsome profits with the help of high leverage.
your judgment about big losses due to the large lot size is really true,
small leverage or little big influence may not
cause much damage while large lot size can be a big reason big loss.
I support your views
The truth is what brokers recommend or advise newbies
not to use high leverage in their trades because if
there is one mistake then it could lead to big losses and therefore beginners may go bankrupt. So the notion of leverage is very important, because it includes risks
I read many reviews about leverage.
Some say that it is dangerous to use higher and some say that this is very useful and useless to use it as high as possible, some say that it can protect your account from high loss and some say that it can attract all your investment . From the beginning, I used high leverage, I never felt the need to lower it.
for me, i think that high leverage can lead to high lose as can lead to high profit. but as trader it is necessary to avoid risking because if you risk in all your trades. it will be a day when you will lose all your money.
The issue is high leverage lead to higher loss.. I agree with this opinion...But you know high leverage also lead high profit.. When you earn to make profit big and quick then you have to deal with high leverage..Beside one think you should kept in your mind that don't mistake,because any mistake in high leverage while you trading than can blow/destroy all your money..