Disliked{quote} Leverage is a scapegoat and a favorite boogeyman among rookies. You calculate your position size by first defining how much money you want to risk...often in percentages. Then, you divide your risk by how many pips your risk area is between entry and stop loss. Then, you choose an appropriate lot size to match your predefined risk. The leverage your broker offers is really inconsequential, except that with lower leverage you are forced to deposit more of your money to their account. In the meanwhile, your money is not gaining interest, it...Ignored
This is not investment/trading advise. Will not hold accountable for loss