To say that you don't care about the leverage requirements of others (which you have so stated).
Ignored
I am sorry but where did I state that?
I was only asking about trading without leverage. I was thinking along the lines of if I held something without a leveraged position on it then the price would have to go to 0 before I was out completely on it. But this does not mean that I would hold the position until it dropped to 0 completely. I was thinking more of Physical commodities.
But to say I do not care about how others trade is not true. I am always open for advise regardless if the trader uses leverage of 100 or 20, there will always be something to learn. I just thought that leverage (high) may be better with a larger capital to back it up and that it could be safer to start without leverage because it would be slower and smaller.
As I have been learning more about MM I see that this is not the case. I still feel I should use a lower leverage for now while my investment is small but it is more to do with the MM. It may be more appropriate for commodities as oppose to Currency.
Actually, not using leverage is a definitely a smart thing to do - using leverage is the easiest way to realize your risk of ruin. Usually, I want to trade as small-as-possible in order to have the law of large numbers on my side.
Without going into detail, this is the way a casino business is run - they want the gambler to take many small bets so that the casino's profit is ensured: this is why there are upper limits on how big of a bet a gambler can make in one shot. As a trader, you want to build an edge and then make a lot of small bets so you can ensure that your edge will be realized.
This is why brokerages are happy to give you insane leverage. For people who don't know what they're doing, that's the fastest way to blow out an account.
leverage has both the sides I mean good and bad. but until you have a good amount on your hand you can not avoid leverage. but in my opinion I don't want to use or take leverage facility. If you have $100k, trade without leverage you will make good profits
