1:1000 leverage is it really worth using?

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Originally Posted by yogesh

I cannot understand why some people using 1:1000$ leverage while your account become more risky due to this. Look in a cents account you buy .1 lot for 17 cents capital and as 10 pips is spread you enter into 10 cents loss .. now if prices move down 7 pips your account get burst and if prices move up by 10 pips you dont earn and it is from 11th pip onlward that you start earning.

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The lower the leverage, the more secure we are trading, because of the protection we can not use the large lot sizes. But, when you use 1:1000, you can put all your margin, but this is extremely dangerous for those who have not much experience.

It is fine to take risk but in my view we should not ignore risk reward ratio. people will invest only to gain huge profit in less period but most of the time so many people lose instead of gaining any profit.so we have to be careful when using such huge leverage. I think forex is a good job.

i don't advise you to use this leverage especially at first just try to use 1:400
or 1:500 i think you need to have self discipline to continue in this field.

high leverage brings high profits, little doubt, however if your accountis low many pips movement against your position will wipe the account simply. also a massive balance account will face mc :woo:

1:1000 leverage is too dangerous for me, that can bring us to make over trading because we have so much free margin and we can be greedy trader to make as much trade as we can :)

Whole lot measurement matters greater than control, if you take control of your draw dimension employed in investing so no matter the amount influence there exists, higher leverages are usually for people with very low first deposit allowing all of them and also to effort forex currency trading.

Quote:

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Originally Posted by yogesh

I cannot understand why some people using 1:1000$ leverage while your account become more risky due to this. Look in a cents account you buy .1 lot for 17 cents capital and as 10 pips is spread you enter into 10 cents loss .. now if prices move down 7 pips your account get burst and if prices move up by 10 pips you dont earn and it is from 11th pip onlward that you start earning.

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We can use more than 50% margin, with leverage 1:1000. But, for me this is a terrible way, because I never felt confident in the ability of the strategy I had. Leverage 1:1000 will always tempt us to use a large lot sizes.

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Originally Posted by forexman

people will invest only to gain huge profit in less period but most of the time so many people lose instead of gaining any profit.so we have to be careful when using such huge leverage

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mara manna ye hy k 1.1000 leverage bohat fit hy lakin is main 1 masla hy k is laverage main humy bohat risk k shat trade karni hote hy aur risk acha nai

our profit does not depend on leverage, it depends on our skills and experience but it can you able to open position with big lot even you have small amount of capital but if you will do than you may lose your whole invested money in a while.

Also I do not know why use leverage ... it's very dangerous because it is safe for trade and unsecured Aknha sometimes be good for professionals only