1:1000 leverage is it really worth using?

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Originally Posted by manibhai2012

I am very much supporter of the 1:1000 leverage because I am not a big investor at all and I think that the trader who has not enough money to invest in the Forex market should try to use the high leverage like the 1:1000 because it gives you a lot of chances to do trade in the market with small margin.

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Yes you are right. with high leverage anyone can make order with small capital. And high leverage can help you to stay long time in this market. So i am always trying to use high leverage. Because with this i don't need to thinking about margin call.

Yes you are right my buddy such a high leverage is absolutely value for by means of particularly for tiny invest traders such high leverage is incredibly helpful because it help them to trade the market by means of low assets and silent offers the possibility to earn cash by means of there data and skill.

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Originally Posted by sweetrevenge88

Yes...a 1:1000 leverage is worth using in our trading because it can give us better opportunities to enter the market. But only use it when there is a strong signal in the market. You can enter up to 3 positions at the same time.

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not like it, but usually by using the leverage of 1:1000 then we can open a position until resistance is only about 10 pips only, would not that have been very enjoyable, especially for those who regularly use sniper way.

i think that its damn risky to trade with such a large leverage,, although your chances to win a huge amount rises but at the same time you can also loose a great deal of money so its up to you what risk u can afford

I think its very very very riskable for a trader. higher leverage may harmful for a person.

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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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The leverage is very useful in our trade. Without leverage so many traders won't meet the requirements for trading. I think it is about 100,000 units required to start up for trading but with the help of leverage with a capital of $100 and a leverage of 1:200 you already have a buying power of $2000. I use a leverage of 1:400 and I never trade without leverage.

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Originally Posted by Smith89

i do not think using high leverage is worth using because leverage is the main reason to eat up the forex money that you invested. so it is better to use low leverage and it should help in making the capital grow.. we should not greed in forex and we should not gamble with the capital it is a business which can give lot of money ,, be patient

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So what will you expect to have 1:1 leverage then its worthy is that so? So if you have only 10 or 20 dollars in your trading account then just 10-20 pips you blown your trading account. That's why we have higher leverage because of this factor and for sure you can survive in the market for a longer time with the high leverage expect to have the 1:1000 as the highest and for sure you will not be easy to have MC and can monitor the market.

you are right yogesh i am agree with you and i have never taken this much risk and never go for , i am usually used to use leverage 1:500 or 1:600 that is the i found best for trading and it will give you some thing and loss risk is less.

I want to know about it.

I know 1:1000 leverage is simply too abundant risky however is simply too abundant helpful conjointly as a result of if you set leverage 1:1000 you'll trade on gold with terribly low capital and earn a lot of profit as a result of gold is one commodity from all which supplies you a lot of and a lot of profit with in minimum time.