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viktor256 Aug 1, 2016 12:47pm | Post# 21

If the brokers use leverage as a tool against you to take your money you can also use the same leverage against the broker. So , to realize this you need very high leverage broker (I use 1k now) and low stop out level ( the smallest I founded is 10 %). You will deposit to FX account only the amount you want to risk plus some 0.3-0.5% for swap and to meet the condition stop out = stop loss+/-some pips. You will withdraw if the trade is profitable or deposit again if you have a loss. So, the ideal broker for me must have:

1 leverage >= 1000
2 stop out<= 10%
3 five decimal quotes
4 min deposit 10 usd
5 skrill fee per one deposit + withdrawals less or equal with 1%
6 instant skrill witdrawals between London open and New York Open
7 minimal lot 0.0001 or in other words cent account option

viktor256 Aug 1, 2016 1:03pm | Post# 22

I forget .... the broker must reset your negative balance after some nice gap up to some amount .. 5k...10k...After you will achieve this limit another solution is needed

HisaoFujioka Jan 27, 2021 7:16am | Post# 23

Risk management is very very important. Trading is very risky business. That's why we need to manage risk by following different measures. But unfortunately most traders do not follow rules.

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