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Using leverage in forex is of advantage but how you use it matters . The more the leverage the more risk you take. And so if you want to use high leverage you should enough experience to handle the risk involved.
It is possible to lose you account even faster using high leverage - you will not be able to blink and there it will go
trading with insufficient equity is always dangerous, regardless with leverage is used, with proper money management, leverage isn't a problem anymore.
trading with insufficient equity is always dangerous, regardless with leverage is used, with proper money management, leverage isn't a problem anymore.
With leverage 1:1000 you have to take cents orders in order avoid risk. And with brokers limiting the minimal lot size, you are not in control of your risk (assuming that people trying to use 1:1000 leverage are hoping to make a lot from little)
That is a one way street
Leverage is good for me because we have to manage our lot size as per our balance. Just keep about 1000 pips margin in account and do not open many positions at same time.
Nice definition of "overleveraged" (not directly connected to foex, but ... )
i think the best leverage for forex trading is 1:200. it won't blow your account if you have a good money management.
i think the best leverage for forex trading is 1:200. it won't blow your account if you have a good money management.
1:200 will blow your account in no time
I have a feeling that the title of this thread is nothing but a joke
I have a feeling that the title of this thread is nothing but a joke
That is called "market conditioning"
You let statements like that float around and then, when you (as a broker), try to sell a 1:2000 leverage the buyer is happy because he already heard that "high leverage is safe"
That is all just an elaborate commercial trolling