1:1000 leverage is it really worth using?

[zhang hua]

There is a big risk, but if it is enough to control your risk,Profit,loss ratio is 3:1 or 5-1,This continues to do down,,It is worth to take risks, and my two accounts are the latter, now all have no loss, this is true

[manap]

Leverage is one king of loan from broker but it is not increase our equity or balance we can open only big lot by using high leverage more than our capital many new trader chose high leverage.

[ufs]

I would say using 1:1000leverage means being greedy (please don't mind ) , and thge results of greediness is we all know .
greediness has no place in this business it is a quality which brings down a trader .....................

[josel]

1:1000 is really a very high and risky leverage . i woule say using 1:1000 leverage means being greedy . so i would always insists to have below 1:1000

[setukaka]

You should use this kind of quantity of higher influence however you'll want to verify that you don't make use of higher quantity for the industry so you won't shed your own quantity very easily within the majority of unstable currency markets. Therefore lower your danger at the period whenever buying and selling.

[shoaib007]

yeh leverage bohot zida hotee hey forex trading market men jo bhee new traders hotey hen un keiliey to khas kar bohot ziada hotee hey yeh leverage . is kee waja yeh hey keh woh new traders hoetey hen un ko is key baarey men itna pata nahee hota hey . experts itnee leverage ko asanee sey mannage kar saktey hen .

[faiez]

yes, mainly for small capitals ..
I wish you good luck !!

[fasi]

take risk but in my view we should not ignore risk reward ratio, if higher leverage increasing the chances of losing - better dont use it, and also you should set your 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 100. Often 50 only or lesser, and so i hardly loose even if i am chasing trend....best of luck.

[naseempervezakther]

1:1000 is really a very high and dodgy leverage. High leverage brings high earnings, no doubt, but if your account is reduced a couple of pips movement against your place can swab the account effortlessly. Even a large-scale balance account can face MC in case of a tendency against the position due to high leverage.

so i would habitually insists to have a leverage underneath 1:200

[Mohamed Mahmoud]

High leverage is not a good for trading, my friend. With a set up account at 1:1000, it is very easy for traders to a take trades with high lot size, easy break the money management in trading. High to leverage is main reason for the losing of newbies.