Quote:
Originally Posted by forexman
With the access of Internet, you can just start your forex education via online courses, helps, guides or tutorials. Build a basic knowledge of forex in order to start trading forex.
Printable View
Quote:
Originally Posted by forexman
With the access of Internet, you can just start your forex education via online courses, helps, guides or tutorials. Build a basic knowledge of forex in order to start trading forex.
It is level worthy only when you earn profits regularly and can become vice versa instantly for leverage givers. SO, my recommendation would be to take lower leverage. You can take higher leverage by knowing the condition of the market well.
According to my experience the leverage is very risky to use it because it can help you to loss all your capital or earn a a big amount in a few hours that's We have to improve use the leverage of 1:1000.
Leverage is an important facility in forex and it is among one of many attractions in forex trading, it allows us a big margin and we can earn by spending less just due to high leverage, but we should avoid using high leverage if we can not control our emotions. High leverage is only worth using if we can follow all the rules.
I think it depends from strategy, we use 1:1000 if we have small deposit but want to get big profit, if we have good strategy to get profit that is great, but more better we dont so greedy in forex trading, more better use standart leverage like 1:100 and just trade with 2% profit.
I think leverage 1:1000 make us more flexibility in trading, especially for the use of small capital. because of the leverage we can still open a few positions. its not a matter of leverage, but the number of lots that we use. number of lots that most affect our trading
I am very close to margin call and I am just on a resistance point so I just hope prices can go up so without this leverage I could not have survived now. so just there is chance. so this is where leverage is important and I am happy with this leverage
f anyone wants to succeed online, he has to start making online as fast as possible. It starts with the first dollar, then ten and it builds up quickly once you get the momentum. Marketers that give up early in the game often give up because the time taken from the day they first started to their first paycheck is just too freakin’ long!
Aapne sahi kaha bhai, waise to forex trading mein rule ke hisaab se high leverage nahi use karna chahiye, par kafi trader ko leverage ka matlab hi nahi pata hota hai, to isliye wo high leverage select kar lete hai.:(Quote:
Originally Posted by forexman
dear friend i would like to say about this thread that 1:1000 is really a very high and risky leverage. High leverage brings high profits, no doubt, but if your account is low a few pips movement against your position can wipe the account easily. Even a big balance account can face MC in case of a trend against the position due to high leverage.