Certainly that forex trading should not take high leverages because they are the ones who cant ables to be controled of theirs emotions and will surely opened as bigest lot sizes and lose everything. But if they control then !!!
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Certainly that forex trading should not take high leverages because they are the ones who cant ables to be controled of theirs emotions and will surely opened as bigest lot sizes and lose everything. But if they control then !!!
Intimately said my comrade, the slip disposition is eminent to couple the accurate view and the amount required for entry and exit to the forex market, when you undecided an chronicle is a realistic or demo you module see your earnings.
In the early stage when you start trading in forex then you should keep your leverage ratio as low as you can because if you place high leverage then there is risk of loss is high, so keep in mind before making it high.
High leverage does not bring higher losses but it can make you to handle high volume of currency. What brings higher losses is the lot size. For instance, if you are using a lot size of 1.00 and the market goes against you by 1 pip, you will lose $10 which is a lot of money and can wipe your account especially if you have a small balance. So high lot size can lead to higher losses.
it happens with new traders who set their leverage to high and they don't know what the leverage work, and they open orders one by one with hedging, and after 5 orders market becomes out of control and a trader face losses, then a trader realize that how much difficult to earn money from this market, so set low leverage
bilkul theek farmaya hai aapny jitni ziada leverage rakhogy profit to utna ziada apko milega lekin mery bhai phir margin call ko kon moon dega jitni ziada leverage hogi samjh lo ke utny hi ziada loss ke chance hongy
yes one of my friend have faces such kind of problem he supposed to take mini size but mistakenly he set the standard lot and unfortunately open the trade market go downwards he lose his 80% of his equity and this way end his forex life.
Higher influence is really a dual advantage blade. if you're able to utilize it well it's greatest for you personally however additionally, it may clean your own accounts quicker compared to a person anticipated.
high leverage is very good for a trader this is very useful for a trader by the high leverage a trader can fall in the big loss this is very useful for a trader for make money
you may say but its also possible that high leverage leads us towards high profit , here is one think very important if you have good experience and skill then high leverage is perfect for you because you can judge the trend of the market very easily and make money simply.