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1:1000 is one of the worse leverage you are using. i think 1;500 is one of the best max leverage most of the traders use. when you use such high leverage then you have to suffer from loss as it is one of the highest risk you are you are using to your account.
according to my participate the leverage is real venturous to use it because it can helpfulness you to red all your great or get a a big assets in a few hours that's We bed to meliorate use the leverage.
It is true that big leverage can bring you big loss, but at the same time trader can earn very big profits in short time. Any trader can't get profit by use of big leverage, only experienced and knowledgeable traders are able to do so. I often using leverage of 1:500 and it is comfortable for me because i only takes calculated risk on my trading. Many traders who have big capital in Forex are used this type(1:1000) of big leverage for Forex trading and in their case they are able to get profit by use of big leverage.
I do not think that so, high leverage all time a big enemy of your trading, as it is spread your way of trading it its too harmful for risk free trading, so my suggestion not to start trading with high leverage that may not control your emotion. I prefer use maximum 400 leverage for safe trading.
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It is very bad if newbies use leverage 1: 1000 for their account. this leverage will be the fastest way to lead traders to become a loser in forex market because the wishing for making big money, traders will be easy t raise lot size trading, and face to big risk, they will easy to get in loss in forex.
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i my viewpoint, too less and too much is bad. the make use of should be in between 1:200 - 1:500. it will be dangerous but a little and can carry more benefit .no danger - no benefit.it is deserving to take some danger.
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.
I am having 1:1000 leverage but mujhe koi zyada farq nahi parta kyon kam leverage bhi ho to bhi masla nahi kyon mein afe khel raha hn aur margin call se bohut door rehta hn aur kaafi month se margin call k qareeb bhi nahi gaya so i am happy that no leverage matters to me right now.