Disliked{quote} MM I agree with you and I'm using advantage of 1:500 leverage on ma real accounts,where I don't have to keep my all capital in broker ,like pipmaster77 mentioned and very often my margin level runs close to 100%,but I'm always ready put more capital if needed. This strategy in not applicable with prop firms and with their daily and overall drawn down rules and don't see much room to use of higher leverage.Ignored
I'm afforded leverage of up to 1:500 on any of my live personal FX accounts.
Often I trade them at 'higher risk' and may use some of the gained profit to pay for additional challenges at any Prop Firm I choose.
Higher leverage as we all know is a double edged sword but I enjoy what is offers me in my currency/cfd trading.
Stocks on the other hand well that's a very different story.
Masterrmind...........
Master your Mind then Master your Trades
1
2