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in my opinion, regardless of the amount of leverage ratio that we use is not a problem. The important thing is that we continued to assert that money management is safe should still be used. But we must be careful to use leverage, because we often forget that the opportunity to trade with big lot increases the risk of loss that we will experience
well I am using 1:1000 and 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
it is worth using but the lot size should be small,leverage is not that harmful as the size of trade is,if some trader is to play safe and is a beginner he should use 1:5000 leverage as a safety measure,and be successful trader in forex.
i don't assume that there's any trader that would be absolutely utilising the 1 :1000 leverage. even once they have it selected, one of the that they will utilize is 1 :500 or 1 :600. there have become few traders who can open a position with 1 lot at $10 per pip, once they have just $100 inside their account. one of the they're going to do usually is to open 1 lot at $2 per pip or generally at $3 per pip.
given leverage means trying to make more profit with small deposit. so if someone is use to this leverage and can handle it well .then he can make a good profit with it. but it is also risky and not suitable for newbies. i personally feel that a leverage of 1:400 or 1:500 is best for newbies and inexperience trader.
its not about leverage but its about the trading method you were using it in your trading ,pro trader are can make good profit no matter how much leverage that he choosed ,because he already have good system also money managementQuote:
Originally Posted by moh44497
there is a word that leverage is a silent killer. it through our account in the sea of risk. but if we know the proper management of our account i hope it will be beneficial for ours. to safe our account we need to set stop loss and take profit to protect our account being empty if we take more leverage.
Almost every forex brokers gives us the opportunity to trade more and more by providing leverage. But taking too much leverage is very much risky because the matter is margin call. I think 1:300 leverage is enough. So we should not take high leverage.
the leverage is a loan that your broker gives you on their policy and your capital. So, we should take leverage as our ability and experience.
But, I think 1:500 leverage is the best for maximum trader rather than 1:1000
you can use such amount of high leverage but you must have to confirm that you do not use high volume for your trade so that you will not lose your amount easily in the most volatile forex market. so reduce your risk at all the time when trading.