1:1000 leverage is it really worth using?

[yudijoni]

1:1000 leverage is it really worth using?
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.

Why to blame high leverage about a risky trading? Leverage is such an advantage in forex trading, by a small capital so we can buy more pair in forex, can you imagine if the leverage 1:1 in forex?
Risky is about lot and not leverage. That simple my friend

[fxefty]

Don't use huge leverage.you will die.use as well as you trade.So don't look forward to extra levarage

[uptrendmen]

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

[Hiron]

Yes,i think it is true and i also agree with the thread.because 1:1000 is a standard leverage and any one use this proportion i am sure that he must be earn much profit.

[Discordance]

I think whatever leverage it had little influence, because it will have absolutely no benefit anything, unless you are trading with a sound strategy and also with sound money management, it is certainly better

[keya19]

As far i experienced the leverages will create number in margin. You show one admonition, that is identical for all leverages. I got disjointed by this, if you use 1:1000 leverage then your margin is redoubled. You are release to localize a mess in immense lot situation. If i am mistaken, let us plow.

[even89]

using high laverage, require high understanding of system that we use to trade. actually, no matter about laverage that use, as long as we know and realize all the risk that will come if get wrong in any position.
and currently, i'm using 1:400 for my account.

[Smith89]

1:1000 leverage is very high leverage and it is not easy to trade with that high leverage because chances of loss are there though many traders use high leverage and trade with it..it is necessary to understand and then trade

[qasab]

Whats wrong with this leverage.
we use leverage due to the insufficient balance we have, so if we use this leverage then it mean that we will be able to trade high volume size with small amount.

[gandha]

i think there is no risk choosing a high leverage with small lot size since, intact it's much better because high leverage gives you more free margin & of course less margin.

the whole risk rely on choosing bigger lot sizes & not higher leverages

right, because the real risk comes from ourselves, of course, all traders must be able to understand about money management to be able to count on the power of our margin based analysis of daily range of currencies.so basically leverage risk associated with these