1:1000 leverage is it really worth using?

[wendhrie]

If someone is use to this leverage and can handle it well,
He will can make a good profit with it.

[redlion]

it depends on how much risk that u are prepared to take. with a huge leverage u could earn a lot with a relatively small capital but the downside to it is that a few pips up or down in the wrong direction your capital gets wiped out. but if u r prepared to take such a risk well u can reall do so but i wouldnt recoment it.

[cruzzero]

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.
for 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

[engsmsm]

I use Leverage 1:1000 when I want to work some of the risks in Forex and especially access to the news must be high and its dangers, but very carefully in the beginning

[100c�]

No it is not worth however you can make it worth. if you are trading only 01 lot then it is not dangerous if you trade 100 lots then it will dangerous and may be your prediction well then you will get good profit. so using high leverage is not matter and matter is this how you handle high leverage.

[dlesar]

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.

Influence in support for capital is good for small capital but the benefits make for a fixed but facilitate and enable the merchant to trade with very small capital and give him the opportunity for trading.

[sachin]

Use of 1:1000 leverage help very well if you trust strategy very well. Is not advised to use all leverage but can use up to 1:600. If strategy give good signal then can setup trade with 30 pip stop loss and allow trade to take small pip for large profit.

[playfx]

Yes ofcouse, 1:1000 leverage is really worth for traders who don't have a lot of money but want to make profit fast. They can do that with 1:1000 leverage but they can lost big money fast.

in trading we shouldn't only thinking about how to make profit, but we also should consider what factors that can make us loss bigger, and bigger leverage is one of that factors, so before we decide to use it, we should know the pros and especially the cons.

[joget]

the higher the leverage is used, the greater the margin that he will get, so the more freely are to be used as a defense or to trade. so the effect on the magnitude of risk is the ratio between the amount of margin that is used for trading and the rest margin are held to persist. so high-low risk is not dependent on high-low laverage, but the magnitude of the use of margin to trade.

[wavestraders]

i think leverage is the thing which help to give more buying power but if you use it correctly then no problem.i think all depends on your lotsize if you open big lotsizes your account gets burst but 1:1000 leverage help you in buying more if you use correctly then it is good