1:1000 leverage is it really worth using?

[rachid88]

1:1000$ leverage while your account become more risky due to this. Look in a cents account you buy .1 lot for 17 cents capital and as 10 pips is spread you enter into 10 cents loss .. now if prices move down 7 pips your account get burst and if prices move up by 10 pips you dont earn and it is from 11th pip onlward that you start earning.

[abuls.hasan3]

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 trades in such a way that even if trade goes against your expectations you dont loose much and so i use a leverage that is less than job.

[subhan4]

i my opinion , too less and too much is bad . the leverage should be in between 1:200 - 1:500 . it will be risky but a little and can bring more profit .
no risk - no profit
it is worthy to take some risk..........

[gaif]

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.

[sugihbondo]

I cannot understand why some people using 1:1000$ leverage while your account become more risky due to this. Look in a cents account you buy .1 lot for 17 cents capital and as 10 pips is spread you enter into 10 cents loss .. now if prices move down 7 pips your account get burst and if prices move up by 10 pips you dont earn and it is from 11th pip onlward that you start earning.

leverage the smaller the better because we can get a loan from the broker to increase the resilience of our capital. when we have a $ 100 capital with leverage 1:1000 mak we can do to open a position with volume 1. but when we use more leverage we will not be able to use the volume 1 with a capital $ 100

[dr4gon]

people will invest only to gain huge profit in less period but most of the time so many people lose instead of gaining any profit.so we have to be careful when using such huge leverage .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.

As trader no forex trading is no really so easy... suppose you have $100,000,000 in your hand for trading and you don't know anything about forex and you invest this money to a forex broker and start trade..you can lose all money by 1-2 days but if you have only $100 with proper knowledge you can earn $100,000,000 some day

[imransikder]

high leverage is a very important tools of the brokers to blow up our trading accounts. That I have learned from somebody. because when a trader take high leverage to his account then he will do over trade to his account or make his trading with very high volume. this can give him profit within very short time but ultimately his account will be blown up very quickly. because profit has no boundary but our trading balance has. Any time it could be zero for the market movement.

[abuls.hasan3]

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 my view we should not ignore risk reward ratio, if higher leverage increasing the chances of job.

[dareking]

i would say using 1:1000 leverage means being greedy. i my opinion , too less and too much is bad . the leverage should be in between 1:200 - 1:500 . it will be risky but a little and can bring more profit .good job............................................... .......................

thik kaha aapne 1:1000 mean ki trader high lot karke jayda paisa kamana chahta hai, isliye wo itna high lot ka use karte hai, lekin aisa sirf us trader ko karna chahiye, jo trader business mein achcha experience rakhte hai.

[perfumer.2]

i would say using 1:1000 leverage means being greedy. i my opinion , too less and too much is bad . the leverage should be in between 1:200 - 1:500 . it will be risky but a little and can bring more profit .good job............................................... .......................