bigxy Posted July 29, 2021 Share Posted July 29, 2021 Leverage is a double edge sword and at the same time it is the most powerful thing in the financial market. New traders being unaware of the market conditions should keep the leverage low as it can bring damages to them. Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted July 30, 2021 Share Posted July 30, 2021 Leverage is very important. The trader should choose the right leverage. If the trader cannot choose the correct leverage, he will never be able to secure the account. I like to use 1:50 leverage. Eurotrader brokers help me a lot in using this leverage. Quote Link to comment Share on other sites More sharing options...
DonConcesso Posted July 30, 2021 Share Posted July 30, 2021 Leverage is not bad if you are aware of how to use them, and it is better always to use lower leverage to control losses. I trade with FP Markets using their 1:30 lower leverage, and the broker provides micro-lots at 0.0 pipis which is another advantage for me. Quote Link to comment Share on other sites More sharing options...
bearhugs Posted July 30, 2021 Share Posted July 30, 2021 Leverage is considered to be the utilization of borrowed funds for increasing one's trading position beyond what would be available from their cash balance alone. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted August 1, 2021 Share Posted August 1, 2021 On 7/30/2021 at 11:25 PM, bearhugs said: Leverage is considered to be the utilization of borrowed funds for increasing one's trading position beyond what would be available from their cash balance alone. We must male use of the Lower Trading Leverages so that the risks in our trades will remain on the lower side. Quote Link to comment Share on other sites More sharing options...
bearhugs Posted August 10, 2021 Share Posted August 10, 2021 Forex traders should choose the level of leverage that would be able to makes them most comfortable. If you are considered to be conservative as well as don't like taking many risks, or if you're still learning regarding how to trade currencies, a lower level of leverage like 5:1 or 10:1 might be more appropriate. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted August 12, 2021 Share Posted August 12, 2021 On 8/10/2021 at 10:24 PM, bearhugs said: Forex traders should choose the level of leverage that would be able to makes them most comfortable. If you are considered to be conservative as well as don't like taking many risks, or if you're still learning regarding how to trade currencies, a lower level of leverage like 5:1 or 10:1 might be more appropriate. We must select a lower amount of trading leverage because we will need to minimize the total amount of risk in our trading account Quote Link to comment Share on other sites More sharing options...
bearhugs Posted August 15, 2021 Share Posted August 15, 2021 Yes, of course Leverage in forex trading is essentially a short-term loan which would be provided by your broker which helps you would be controlling large positions with less capital. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted August 16, 2021 Share Posted August 16, 2021 14 hours ago, bearhugs said: Yes, of course Leverage in forex trading is essentially a short-term loan which would be provided by your broker which helps you would be controlling large positions with less capital. We will need to start doing our trades with the use of the Lower trading leverages so that the risks will come down. Quote Link to comment Share on other sites More sharing options...
bearhugs Posted August 20, 2021 Share Posted August 20, 2021 Yeah, and never repeat the same strategy and hope for the different results, instead you should learn about using different strategies in difference situations to earn more profits. Quote Link to comment Share on other sites More sharing options...
nanamage Posted August 22, 2021 Share Posted August 22, 2021 On 8/16/2021 at 3:58 PM, FXOpen Trader said: We will need to start doing our trades with the use of the Lower trading leverages so that the risks will come down. How much leverage is used at FXOpen so that money management is under control and doesn't experience margin calls? Quote Link to comment Share on other sites More sharing options...
Lechosław Król Posted August 24, 2021 Share Posted August 24, 2021 Selecting leverage correctly reduces a lot of risks so every trader should select low leverage. I was able to create the right leverage after doing a lot of research. Eurotrader brokers give me 1: 500 leverage. And scalping is much easier because of the tight spread of this broker. Quote Link to comment Share on other sites More sharing options...
bearhugs Posted August 25, 2021 Share Posted August 25, 2021 Leverage is neither good nor bad inherently . Leverage would be amplifying the good or bad effects of the income generation as well as productivity of the assets in which we invest. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted August 30, 2021 Share Posted August 30, 2021 On 8/25/2021 at 11:14 PM, bearhugs said: Leverage is neither good nor bad inherently . Leverage woudl be amplifying the good or bad effects of the income generation as well as productivity of the assets in which we invest. We will need to try to make use of the minimum amounts of leverages in doing our trades in the markets. Quote Link to comment Share on other sites More sharing options...
bearhugs Posted September 1, 2021 Share Posted September 1, 2021 Leverage is the utilized of borrowed funds for increasing one's trading position beyond what would be available from their cash balance alone. Forex traders often utilizes the leverage to profit from relatively small price changes in currency pairs. Quote Link to comment Share on other sites More sharing options...
Ralph Posted September 2, 2021 Share Posted September 2, 2021 As a beginner, should I prefer using low leverage to gain more experience and learn about profit and loss or go with higher and face risk so that I learn to handle high-value trades? Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted September 5, 2021 Share Posted September 5, 2021 On 9/2/2021 at 4:13 PM, Ralph said: As a beginner, should I prefer using low leverage to gain more experience and learn about profit and loss or go with higher and face risk so that I learn to handle high-value trades? We need to make use of the Lower leverage settings so that we can start to get income from the markets. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted September 12, 2021 Share Posted September 12, 2021 When used correctly, this is a uniquely useful tool that can help a trader earn money. Quote Link to comment Share on other sites More sharing options...
FXOpen Trader Posted September 13, 2021 Share Posted September 13, 2021 23 hours ago, Vaabum said: When used correctly, this is a uniquely useful tool that can help a trader earn money. We need to try t o make use of the Lower amounts of trading leverages so that the Risks will remain lower. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 20, 2021 Share Posted October 20, 2021 Quite. If you approach this issue correctly, everything can be done efficiently and make a profit. Quote Link to comment Share on other sites More sharing options...
Gidencenti Posted October 20, 2021 Share Posted October 20, 2021 the main thing is to use everything correctly in your work, then there will be no problems Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 23, 2021 Share Posted October 23, 2021 Absolutely not bad. The main thing is to use it correctly. Because sometimes the wrong use can not bring the best results either. Quote Link to comment Share on other sites More sharing options...
fxoops Posted October 30, 2021 Share Posted October 30, 2021 It's not about the leverage, it's about how you use it. Learn to respect leverage and risks associated with it, here's more. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted October 30, 2021 Share Posted October 30, 2021 To be honest, I don’t think so. If a trader is confident in his abilities, then why not? Quote Link to comment Share on other sites More sharing options...
Namu Posted October 31, 2021 Share Posted October 31, 2021 12 hours ago, Vaabum said: To be honest, I don’t think so. If a trader is confident in his abilities, then why not? so that trading is successful and achieves big profits in forex trading, which must be able to use all the ways it works to make it easier and more successful, especially when taking advantage of all the facilities that have been provided so that it is more profitable Quote Link to comment Share on other sites More sharing options...
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