I want us to discuss whether using high leverages like 1 : 1000 and 1 : 500 etc will bring about high losses in forex
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I want us to discuss whether using high leverages like 1 : 1000 and 1 : 500 etc will bring about high losses in forex
It's depend of the strategy. If the win ratio of trader's strategy >70% and they use good MM, I think 1:1000 can better than 1:500..
all depends on the trader's money management as well as the level of discipline. High leverage for some traders can be profitable, but it will be dangerous for others.
Many professionals avoid the use of a high leverage in trading the market. It is often quite risky to use a high leverage especially in a market you don't control but it can be good for small accounts.
If you are an experienced trader then leverage is good, but yes high leverage is risky for inexperienced traders, you really have to know how to use leverage.
Indeed it will generate higher losses if using higher leverage, that's why I prefer to use 1:100 and most often I only use 1:50 to minimize my losses just in case my trading analysis doesn't go with the current trade. But of course if you have set your risk management then have it your way.
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it depends on the individual trader. If a trader can trade using high leverage can manage it well, but it will get the maximum results. the key only in MM, RM and discipline. but I prefer to trade with a leverage of 1:500 of tenkofx
We must improve our trading skills if we want to get more maximal result. Leverage must be maximized as well as possible. We must be wise in using leverage. LEverage can help us when trading, but it also can make our capital will lose here. I prefer to use leverage 1:500 from TenkoFx to trade. because it's not too big and not too small for trading. Be more than a trader, be a TenkoTrader
Leverage is good but only if the trader is experienced, only experienced traders can make use of such high leverages.
I believe that trading forex with a high leverage will affect a trader to the profit or lost he/she have. That is why a trader when opening a new account must consider it.
Higher leverage is both useful and harmful. Useful because you will be able to trade with low balance. And its harmful side is, it will let you to get bankrupted so easily. It will help you to take big risks and may turn you to zero.
if we get emotional in trading we will surely loss in trading. that is why we must learn how to control our emotions also while we are trading. and also must have good knowledge in forex.
I think the real risk for losing comes not from leverage but from lot size and strategy, as well as a bad money management, because if you are sticked to your own rules of money management you can use 1:500 leverage without problems. now i using this leverage when trade in Armada Markets
if we get emotional in trading we will surely loss in trading. that is why we must learn how to control our emotions also while we are trading. and also must have good knowledge in forex.
leverage could harm our trading or might be beneficial to us depend on us in utilize of the leverage that we choose. indeed the greater leverage we choose the greater the risk. it chose to leverage in accordance with our capabilities. now i prefer leverage 1:500 of tenkofx
if we are wise in the use of leverage, then I'm sure great leverage will give us a lot of profit quickly. but if you still can not control your emotions better to use small leverage. now, i preder using leverage 1:500 in my broker
Yes for a person who doesn't have sufficient knowledge about the forex market and who doesn't know how to use leverage might end up making heavy loss.
it depends on the trader, respectively, are able to make the most leverage from the broker. high leverage is have high risk as well so we have to be careful with the use of leverage. for now I am more memiliih for trading using leverage of 1: 500 of tenkofx
Yes, if we use high leverage, it will make us get bigger risk. That's why, we must improve skills and be more wisely in using leverage for trading. And when we get deposit bonus, we must use it as well as possible so we will get more maximal result in forex.I also try to maximize deposit bonus from TenkoFx.
Be more than a trader, be a TenkoTrader
higher leverage make you lose your deposit faster. so it is not safe to use higher leverage specially if you are not that good in trading just yet. better use lower lot. at least with lower lot when you lose it is easier to recover. so i choose leverage 1:500 in my broker now
Leverages are good, but you have to be very skillful in order to make use of such huge leverages, loosing with such huge leverages will make you end up in trouble.
I dont feel higher leverage could lead to higher losses. There are many factors that can contribute to the loss. If one enters the market against a strong trend, bad money, trade & lot management, trading blindly etc can be better reasons for higher losses than just high leverage alone. High leverage coupled with all bad trading habits can wipe out the trading account. there is no doubt on that.
leverage large and small will be very detrimental to a trader or just highly profitable for the trader, depending on the individual trader. if we have a good psychology then trading with high leverage is very profitable. but I prefer to trade with a leverage of 1: 500 of tenkofx
If you don't know how to utilize high leverages then definitely you can make loss. Leverages are good for trades that you are absolutely sure off.
Higher leverage gives you a possibility to open more trades simultaneously due to smaller amount of margin needed to open a trade. Backside of high leverage is user's self-confidence when he/she opens unnecessary trades without proper knowledge or preparation. Now, I use leverage 1:500 in Armada Markets. I think this leverage is sutable for me.
Does higher leverage lead to higher loss? the answer is depend on the trader itself. if you use high leverage but the way you trade still with very tight and discipline money management, it won't lead you to higher loss. if you increase your volume to open trade because you have more space from the higher leverage, then surely it will lead to higher loss. Now, I using leverage 1:500 in TenkoFx
For leverage, we must use leverage with has been adjusted with our capital.I just use small leverage for trading. it's maximal leverage from TenkoFx. And we must try to maximize that leverage as well as possible. Using 1:500 for trading, also helpful. Even, we can start trading with small amount.
In trading, the leverage should be tailored to the needs of traders and trading management system that will be used. I like to trade in a way scalping, therefore I use the leverage of 1: 500 with low spreads in the Armada Markets
higher leverage make you lose your deposit faster. so it is not safe to use higher leverage specially if you are not that good in trading just yet. better use lower lot. at least with lower lot when you lose it is easier to recover. I use leverage 1:500 in TenkoFx now
It is up to the trader and the fact that he or she can control emotions. High leverage can give you the chance of being in the same level with the other traders with more money. $500 can turn your account to $5000 account with the right leverage. This will even give you the possibility to trade the metal gold. Only greed is the thing that kills us, we take advantage and increase the lot size that kills the account.
In trading, the leverage should be tailored to the needs of traders and trading management system that will be used. I like to trade in a way scalping, therefore I use the leverage of 1: 500 with low spreads in the Armada Markets
You should know how to use high leverages, it requires skill and experience to make use of leverages and new trader should avoid high leverages, or else it could turn out to be a huge loss.
High leverage is maximum time create loss in forex market but if a trader correctly analysis the market then he make large amount profit in short period. In trading, the leverage should be tailored to the needs of traders and trading management system that will be used. I like to trade in a way scalping, therefore I use the leverage of 1: 500 with low spreads in the Armada Markets
No, I don’t think it is that way if we have the skills, knowledge and experience that it does not matter what leverage we use, it will definitely bring success while if a newbie is trading then he might misuse the high leverage. I feel great trading with OctaFX broker company, as they have great leverage up to 1.500 for all accounts including the Micro, it can be started with just 5 USD investments yet we get great leverage which helps to trade even with low investment.
So true mate, it is often a forgotten thing as most traders feel having high leverage is an automatic key to success, but it is far from that. If we want to be successful than we must rely on knowledge not just leverage. It is great benefit having high leverage as I mention above, but then we have to show some skills in order to gain full use of it, otherwise it can easily lead to heavy losses. I always set my leverage to maximum to 1.500 with OctaFX, it allows me to scalp without any restrictions, but remember I have been trading for last 2 years!
Profit or loss depends upon the use of Leverage in an appropriate way, High leverage provides an opportunity for high profits too, so it all depends upon individual traders.
Higher leverage is both useful and harmful. Useful because you will be able to trade with low balance. And its harmful side is, it will let you to get bankrupted so easily. It will help you to take big risks and may turn you to zero. I am using 1:500 leverage and doing fine untill now because i never actually use the leverage to fullest
Yes, there are advantages and disadvantages. Traders must understand it and also must know the right way to maximize leverage when trading. I also just use 1:500 in TenkoFx. It's also enough to trade with cent account, try make deposit $10 in cent account from TenkoFx.