Yes,i think it is true and i also agree with the thread.because 1:1000 is a standard leverage and any one use this proportion i am sure that he must be earn much profit.
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Yes,i think it is true and i also agree with the thread.because 1:1000 is a standard leverage and any one use this proportion i am sure that he must be earn much profit.
High leverage is not good for trading, my friend. With a set up account at 1:1000, it is very easy for traders to take trades with high lot size, easy break money mangement in trading. High leverage is main reason for losing of newbies.
Don't use huge leverage.you will die.use as well as you trade.So don't look forward to extra levarage
actually selecting the lot size according to the account balance is most important. leverage doesn't mater if you follow your money management strictly. but to use a less leverage can save us from becoming greedy. expert trader can control their emotion but newbies can't do it at all. so for newbies it will be better to use less leverage.
I still use leverage 1:1000 trading accounts that I have, and I think it's not a big problem in trading .. most importantly we continue to use proper money management, and attention to the risk that we will get in trading ..
I think it is not better to use 1:1000 leverage in forex trading because it helps us to open a trade with big lot volume and if we do so our account will get margin call within few minutes.So we should always try to keep ourselves in safe position in this market to avoid big loss.I think 1:50 leverage is enough for forex trading.
I am not agree with the thread.i know high leverage high risk.so that in my opinion 1:1000 is high and it is risk for me.1:100 is perfect for me.
leverage management is a very important thing in forex trading. because leverage management in must to have a good money management and money management is must to survive or be gainer in this field. so leverage is such a thing that influence a traders margin call. to exist in the market less leverage is must. so 1:1000 i think is really a good proportion.