1:1000 leverage is it really worth using?

[sangam]

i can not understand why some people trade forex if they are not wont to use the risk ,forex created to be the greatest market in the world and have all option you can chose 1:1 leverage.

jab ham leverage 1:1 use karte hain tab jitna paise hamare paas mein hota hai utna hi trading ham kar sakte hain. matlab agar hamare paas mein 100$ hain to ham 100$ ki trade hi open kar sakte hain. Is mein kafi pareshaani uthani pad sakti hai kyuki hamare trading power bahut hi kam ho jayegi.

[kitt]

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.

i can not understand why some people trade forex if they are not wont to use the risk ,forex created to be the greatest market in the world and have all option you can chose 1:1 leverage.

[twinkling star]

I donnot think so, as I am using this leverage. I donnot know what should be used but it is ok for 100$ bonus in start. I think that mostly people are using this leverage. you can use it 1:100 as a leverage also, and it is the good for any trade I think so.

[jhon]

You may use leverage according to your capital. high leverage use is one of the main reason to loss money in forex.

[ishvara]

Hello Members

I don't think that if you are using 1:1000 leverage then you will get profits every time. If you want to become a good trader or best trader then we should practice by using the low leverages and small lots. Then we will learn the real trading.

Yes, i know that the good traders start from the low and then they move higher and higher in forex trading. This helps them to have a room for development and this on the long run would improve a forex traders trading results.

[forexman]

i think 1:1000 is good for some of the investors as they have low money they can make use of it and can have high chance of increasing money but anyway some will open more no.of positions if there 1:1000 leverage so it depends on person to use it in a good way

[forexbroker123]

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.

nahi aese to koi bhi baat nahi ha k 1:1000 leaverage kafi nuqsan deh ha kioun k main ne khud jab bhi koi leaverage selecty ki ha woh yahi hotiha main kabhi bhi koi kaam leaverage use nahi ki ha main ne her account k sath high leaverage use ki ha or abb tak karta bhi houn

[clairienz2215]

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

Question yourself why are we trading? It's simple, we trade because we want to win huge profit and to be successful as others do now! We invest and deposit our profit into our accounts and trade, we want to risk our profit in order for us to know if we will gain loss or win. It's just sounds like a gamble but it is fun, using the skill in order for us to win. That's it.

[atif58]

Of course it is very huge leverage but people you should also see its benefits. You can earn huge money in very short time. But for this you should have good understanding of market and also practice this leverage in demo.

[ishvara]

It is only worth using in the case of expert traders in the business since they know how to handle it. For beginners, it is never a good idea since they have no knowledge on how to control it in trading.