We should not use very high leverage because we are tempted to take more trades with larger lot sizes that are not good for a trader's account and thus they end up losing more money if they have made a bad trade. and leverage isn't as good as suggested by me and we need to don like this and I can't understand why some people use 1: 100 $ leverage while your account becomes more risky because of this. Also see in one cent of the account you bought, 1 lot for 17 cents of capital and 10 pips spread out, you put in 10 cents of losses. This is a hoax.