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Leverage effective or risk!


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Leverage has its advantages and disadvantages, but it mostly depends on the trader and type of leverage used. If a beginner decides to trade using higher leverage, it could end up blowing his account, whereas lower leverage is much suitable and has lower risk involved.

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On 3/25/2021 at 7:36 PM, gds221 said:

This is a completely interesting strategy, but the main thing is that the trader understands whether he knows how to work with it correctly. For this, it is better to try yourself on a demo account.

We have to make use of such kind of trading strategy that is easy for us to understand and use.

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Using leverage is advantageous for certain traders like I trade using 1:20 leverage with FP Markets because I can trade with lower balance and earn higher profit.

The risk involved in it only occurs when maximum leverage of 500:1 or higher. Even experienced traders find it risky trading with such high leverages.

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