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High leverage vs Low leverage 68 replies

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What leverage is best for a newbie?

Quoting canabud
Well, if you are trading a live account, than of course a lower end leverage is a better idea to keep from sabotaging yourself and blowing an account with large lots on poorly made trades. I would suggest anywhere from 1:10 to 1:100 depending on your risk management. take care
On the other hand, high leverage is not a good option for demo practice; maybe new traders can check this feature but small trading leverage is always best.
leverage is a complicated issue in Forex trading which always contains huge risk and losses , which leverage is comfortable for avoiding risk , its a common question but difficult to answer , it depends on your trading plan, trading plan should be practical by long time trading experience , otherwise leverage can make you loser most of the time.
Quoting MarkFxAnde
leverage is a complicated issue in Forex trading which always contains huge risk and losses , which leverage is comfortable for avoiding risk , its a common question but difficult to answer , it depends on your trading plan, trading plan should be practical by long time trading experience , otherwise leverage can make you loser most of the time.

I agree, but as many people say the leverage is dangerous when you do not understand how quickly can happen margin calls. As long as you understand and know how to manage your risk all will be fine. SL is a must.
leverage is not dangerous at all, our trading plan become dangerous and non sense when using leverage with no analysis.
plan is important but it should be practical and realistic,
when trading with leverage there is no plan ,
as a result it causes unfortunate risk and losses.
Quoting GeorgeBaile
{quote} On the other hand, high leverage is not a good option for demo practice; maybe new traders can check this feature but small trading leverage is always best.
You are absolutely correct and I completely agree, I just failed to mention the demo side of it. Until a person is comfortable and consistent with their trading methods, they should only be using realistic low leverage.
Quoting canabud
{quote} You are absolutely correct and I completely agree, I just failed to mention the demo side of it. Until a person is comfortable and consistent with their trading methods, they should only be using realistic low leverage.
Exactly mate; realistic low trading leverage! On the other hand, unrealistic high leverage is a disease.
every kind of leverage ratio can bring positive result from trading if you have the capacity to manage risk , its a great skill and to be experienced is a long term issue but if you can be expert about risk management , then you are able to bring profit very rapidly by using any kinds of trading tool.
agree , but to be experienced about money Management is a difficult task , its a long term approach.
Quoting HajiMohsin
agree , but to be experienced about money Management is a difficult task , its a long term approach.
One has to start from somewhere. The earlier one starts, the better.
best leverage 1:10. you won’t lose much, but the gain will be good
yes its a best leverage for avoiding unfortunate loss and risk. before using in live we should use it in demo to see the performance how it works.
Quoting GeorgeBaile
{quote} Exactly mate; realistic low trading leverage! On the other hand, unrealistic high leverage is a disease.
True for newbie, false for experienced.
Quoting Victory9
{quote} True for newbie, false for experienced.
But, you may know all experience traders aren’t the successful I mean pro traders!
what you think there is any different between experience or successful trader ? its all about same or different any ?
Quoting MarkFxAnde
what you think there is any different between experience or successful trader ? its all about same or different any ?
Experience, the one who know all the stuffs about the field, can be successful or not
Successful or as @ZirkrIrfan called "Pro Traders", the experience one who make money consistently
got the answer, thanks Victor for nice reply.
Quoting MarkFxAnde
what you think there is any different between experience or successful trader ? its all about same or different any ?
I agree. Its not necessary that someone with experience is a successful trader.
As far as leverage is concerned, beginners should try to use as less a leverage as possible. It only adds risk and risk must be avoided by beginners. So something like a leverage of 10-50x maybe but nothing more than that.
most of the time traders like to consider high leverage as risk , for all time i am not agree with that , if there is any risk it is completely with non-sense planning with zero risk managing policy , nothing without it.
its looks smart reply , but honestly speaking not practical message there is. because no way to avoid risk when using high leverage despite of most accurate trading plan.
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