Traders need to choose the leverage

[Ivo Zetticci]

There are many people who try and fail forex. One of the reasons is leverage. Traders need to choose the leverage that suits their needs and minimize the risk. In my case, I take only 2% risk per trade. But with Eurotrader, you can get more profit because of the lower spreads. The broker also gives tight and low spread, high leverage up to 1:500, easy and fast account opening, and many more.

 

[Victorial]

If your leverage is not enough for you to execute a trade, the broker will tell you. Nonetheless, do not use high leverage for an account that is less than $100. You do not want to use a lot size of 0.1 above for such an account. Still, some are used to trading with high lot sizes and still profit from such trades but that is very risky for a novice trader.

With demo, you can use any leverage you want but you must know the leverage to use for a real account to avoid losing all your funds at once

 

[btaliat]

Choosing leverage may be so tempting when it comes to forex trading. It takes someone that's highly disciplined not to be carried away when it comes choosing leverage. Most people always prefer to chose high leverage with the intention of making it big. Though this is normal but if the trading goes wrong. It will affect the trader badly.

 

[JoeSeki]

High leverage ought to be used only after you have gained enough market experience, here I‘ve created a list of brokers that offer decent leverage https://www.trendri.com/threads/offshore-brokers-for-higher-leverage.91348/
Finprotrading and eaglefx I’ve used personally, but would be happy to add more to the list from other users experience, cheers

 

[Setho]

Choosing a particular leverage is actually one of the most difficult things for 3 days and is one of the reasons why a lot of people usually fail. I actually advised that the amount of leverage that you are going to use should be dependent on the conviction that you are having together with your recent win rate and also you should put things in consideration like your risk and reward ratio. No matter the situation that you are it is advisable that you should not be greedy and you should always try to take profits at various take profit points.

 

[uptrendfinancialsignal]

Choosing a leverage is very important but you must not do it too much because when you choose a leverage that is way too high, it is going to affect you if the trading goes wrong. This is why it's very important to choose a leverage that you think you can take because a leverage allows you to open the position that is more than the amount in your account . People who would always want to take a leverages which is going to affect them negatively if they are unable to pull successful trades . This is a more reason why it is very important to choose beverages that are reasonable and not too high . There is a recommended moderate leverage that is acceptable.

 

[selena1]

Leverage is important in trading and it is not possible to trade without it because it doubles the traded price, so that in the absence of leverage, traders will not be able to use or trade in small amounts, and as for leverage, it is a double-edged sword, through which it is possible to reap profits Huge in a short time and at the same time a large percentage of the account can be lost in a short time. We can know the financial leverage as a tool that allows the trader to use the capital in order to invest in trading or speculation by enlarging his capital by multiples that allows him to open many deals and high blots despite The small size of his capital, and the result is a doubling of the potential returns from this investment. At the same time, the financial leverage will also double the risks that will surround your account and your capital. On the other hand, it is considered negative, because it can tilt your account if you use the lever incorrectly.

 

[Asahi]

If you want to stay risk free, you have to keep the leverage lowered. Some brokers provide big leverage facility but don’t go for using high leverage in trading. Eurotrader’s 111% deposit bonus and high leverage must satisfy you with return.