1:1000 leverage is it really worth using?

Leverage is a very essential tool in forex trading, without which trading will be very difficult for small traders. With the help of leverage and our knowledge we can make more money with small investment. Only thing is we should follow strict money money management to protect our account from margin call.

whether we are using a high leverage or a low leverage , we must not trade with the full margin , we need to take care of the money management and always use the stop loss on all of our trades

from my past experience i have known that 1:1000 is much venerable for doing any kind of business.so i very anxious about this ratio of leverage for forex trading business.before doing this trading we should consider this term of ratio again

1:1000 leverage is really worth using because It brings huge profit to the traders. we, however, should have to be careful when we shall use such huge leverage.

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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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its depended on your experience, when i am here come then time i am loss with leverage but now i am using big leverage because my capital is little so when i try to open trade then say not enough money for lot, when i am using leverage cannot say it but i am using the stop loss. so its protect my account.

I do not think that 1:1000 leverage is worth for the trader if they follow proper money management during trading because i think most of the big Forex trader use high leverage but they do trade with small lot size for this reason they do not fall in loss, i am also using 1:1000 ratio leverage.

bro 1:1000 is very risky for all types of traders specially for the newbies.
above 1:100 is not recomanded for the newbies.
i am using 1:50 and felling so much comport.:respect:

yes you are correct opinion
most of the senior traders often advise new traders to take their levelarge 1:1000
because if we use levelarge 1:1000, our capital will be safe in the daily market movement will not reach the 1000 point move, on average 100 points in one day

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Originally Posted by santo.plus

bro 1:1000 is very risky for all types of traders specially for the newbies.
above 1:100 is not recomanded for the newbies.
i am using 1:50 and felling so much comport.

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yes,its true,but how can the trader with litlle capital if use leverage with your advice?can me trade with using it,i think its cannot,,iam prefer using high leverage if just have small money and start to can learn in forex

I sure 1:1000 leverage is best for newbies rather a small profit from it but I sure a small profit is better then losing money, So I think it is best and best and very useful for newbies as well as all traders.