1:1000 leverage is it really worth using?

[pbaudi]

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.

My friend you are thinking as a scalper but I am think as a swing trader that means if I can make profit then huge profit will be earned but it is good for only experienced trader only.

[mhchomsi]

is a very good way to tread with low money
but you should have a plane , like know what will you lose if you cant get profit

using the leverage of 1: 1000 is the best thing for a beginner trader. with little capital novice traders are able to use and run the forex business. with great leverage, the trader can do some open positions that allow gain more profit. correctly, you should have a plan in forex trading.

[Bounab Abdllatif]

i would say using 1:1000 leverage And the results of greediness is we all kno. Greediness has no plce in this busine

[pentkor]

I think forex is a good job.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.Be careful........................

use will be at high risk for traders who can not control their emotions well, because of the high leverage, allowing for traders can use large lot, of course it increases the risk. so it should be prudent in determining the leverage for our trade.

[dafi]

well in fact I personally believe 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,1:1000 is really a very high and risky leverage high leverage brings high profits no doubt the leverages will make difference in margin.

[seerat12]

dear 1:1000 is a very high leverage the high leverage means a high risk if we take high risk then if we face loss then it is also high bt if we face profit it is also a high profit so it is batter to avoid high leverage some people want success in a day but it is impossible instead of getting profit they face loss a high loss

[Naughty_Guy401]

Dear using of leverage ratio 1:1000 is to high and very risk we should use leverage that suitable for our capital for my account i have 100$ capital and my leverage is 1:100 it is less risk and safe profitable...

[raza.jeee2015]

G han 1:1000 leverage is very high leverage and is leverage se ap bohat acha profit earn kar sakte hain lekin is ke sath apko loss bhi bara hi ho sakta hai kyun ke is leverage me ap zeyada dollars ki buying and selling kar sakte hain.

[pakpa]

Using high leverage in forex trading is a good way to make more profit despite we trade with small capital only. We can't do that with traditional business, but we can trade with high leverage in forex. i think it is one of the big advantages of forex trading than any other business in the world

[yasrmohamd]

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

---------- Post added at 10:42 PM ---------- Previous post was at 10:40 PM ----------

I think 1:1000 leverage is too much for the new trader but professional trader can use this leverage. Most of the trader wants to get instant profit from forex market but with high leverage they have to loose their account balance.