Quote:
Originally Posted by rebateFX
Leverage doesn't really bother me as my money management is based on how much I'm prepared to lose, not on the percentage of margin I'm using.
I look at an intelligent stop loss level first, then set the trade volume based on how much in money terms I am prepared to lose on that trade.
Leverage just affects the margin cost to open a trade.
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That's very close to the way Im doing it. I just think the high leverage is useless if it allows you to open a trade on a ridiculously small account.