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Your opinion is true
1:1000 is the most secure levelarge, levelarge 1:1000 was always taught in every forum for traders to keep their capital safe and not gone in a flash
however, many traders ignored this and that happens 95% of new traders experience loss or Margin Call
1: 1000 may be a very good in addition to hazardous leveraging. Excessive leveraging produces excessive gains, without a doubt, yet, if your bank account is usually small some pips mobility next to your can certainly erase this bank account simply. Even a massive sense of balance bank account can certainly experience MC in the case of some sort of tendency up against the location caused by excessive leveraging.well, i could generally insists to get a leveraging underneath 1: 250.
actually leverage is very important things in this trading many traders think that 1:1000 leverage is highly risk but i think that it is right but traders have to achieve a deep knowledge about this trading for using this leverage.
Yes low leverage is very good for account management. I think when trader have good experience and good skill and knowledge then trader can control themselves. Forex market is very risky market so trader should avoid risk point.
High leverage difference with the lower is the use of larger margins. And it is very risky, when the opposite position. Many traders use high leverage for speculation. I also have an account with leverage 1:1000 and 1:200, but I just put a little capital on account of leverage 1:1000.
In fact, the fcat in forex trading has really stepped up, the fact that the market is getting more attention is helping us in the market really, even 1:300 is the best now in the market.
the professional traders are the ones who use this large leverage and since their strategy is very mature and refined and once they carry out some trade they are very much sure that they will be able to do good and this is the sole reason that they are able to very effectively use this mush leverage.for the new traders it is highly recommended not to use this much leverage as it can lead them to MC and they should try to use smaller leverages.
So far I know, 1:1000 is quite a high leverage. Thus, it is best not to take as high leverage as 1:1000. Forex is a risky business and there is no point of taking more risk by taking such high leverage. At least this is what I believe.
I don't think you understand about leverage. With high leverage such as 1:1000, our account endurance will increase. The only thing why you get burst is because you abusing the leverage by opening position with large size volume. Your statement is not refer to leverage, but spread. Please learn again about leverage and spread, because those two are very different.Quote:
Originally Posted by princeua
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.