heloo everybody
am a kind of new in the market. I've been confused about the choice of levearage sizes.I've been trading for about a month now with a leverage size of 1:500.I notice that whenever l place a trade, $40 margin is removed from my total equity, but on my second account where i use 1:100 i notice that more margin is required. PLS l'll like to know the best leverage size that suits an account below $2000.
Hoping to hear from you.
Myforexconcept
am a kind of new in the market. I've been confused about the choice of levearage sizes.I've been trading for about a month now with a leverage size of 1:500.I notice that whenever l place a trade, $40 margin is removed from my total equity, but on my second account where i use 1:100 i notice that more margin is required. PLS l'll like to know the best leverage size that suits an account below $2000.
Hoping to hear from you.
Myforexconcept