1:1000 leverage is it really worth using?

For many newbies, high leverage is good for them to set orders with big lot size for gainning big money. I think it is good for traders to use leverage 1: 1000.

for newbies in forex market, one mistake they get is setting account with 1: 1000 leverage. This leverage do not help them to make profit, in other side it leads them to big loss. It is very harmful i think.

Its not a big deal if you use 1:1000 leverage when your capital is less but if you invest a considerable amount on which you depend upon for your bread and butter, you cannot take chances. My point is that if you want to be a successful trader you should follow your risk reward ratio and also the money management as per your financial constraints.

Leverage the existing differences among traders around the point of view of many traders see it as a useful and important, and some see it as a risk, and I from my point of view it is very useful, especially for scalping traders as long as we can control the size of the lot and the stop loss is not afraid high leverage:)

I personally think that high leverage works for truly right skilled traders and they take full advantage of this great facility, i also use high leverage on the right time for the right opportunity. Those who know how to use high leverage can make the difference.

Forex is a good job. 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. Good luck.

wow 1:1000 is waaay to risky to make it your lavrege , it will definitly wipe your account out , chances you make profit with it are smaller then ever , cuz it contains huge risk

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. good job............................................... .....

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.thanks...

One can use such a variety of high leverage, but you need to confirm that you do not have a high volume of trading so you do not use your amount of light lost in the most volatile currency market. to reduce risk at all times when trading.