@anangok you never know when greed finds you? That's why we need the lower leverage.It's true that higher leverage gives us higher chance to win also it may blow our account faster.That's why we need to take small leverage.
@anangok you never know when greed finds you? That's why we need the lower leverage.It's true that higher leverage gives us higher chance to win also it may blow our account faster.That's why we need to take small leverage.
Time is money
leverake is only lever capital when trading on a broker, and control still remains in our hands, we who decide to lose or profit by MM that we choose and we run.any leverage in my opinion it's not a problem, the problem is the way we do trading
I really like significant leverage. It offer me significantly more room to change my position to be able to align with all the marketplace move.
i think it the greed for money that pushes them to get lured by big leverages offered by the brokers and that shall doom their account if their is small trend reversal
This is one of the biggest reasons for me to join instaforex and invest with them. if the leverage is low, I cannot have a volume of trade size open according to my wish, it would cost me heavy.
the risk is not related only to the leverage you use
it is related mainly to the amount of money you risk in every trade
anyway traders like high leverage because it gives more advantage for trading with larger lots
First 1:1000 leverage is a normal leverage and I guess 95% of use who has an account has 1:1000 leverage. But first I'm talking about leverage and I'm not talking about margin okay. So theirs a difference between the two. In leverage for example we trade usd/cad we see that we have price of 1.0092 and the pips is worth 10 cents. Its because of 1:1000 leverage. because 1:1 leverage 1 pips will be 0.0001 cents. 1:10 leverage means 0.001 cents 1:100 leverage means we get 1 cent and 1:1000 leverage means we get 10 cents per pips.
We should keep our senses in control, i think that's the way to go. Large leverages or small should not make a difference to our ability to trade. It's only the problem when a new comer comes in, see's a lot of money in his/her account and then blows it all out because he/she assume that he/she can be a billionaire in no time. THE MENTALITY, that Forex is not a business it's the booster. if we can control that mentality then anything is possible and doable. That's the only reason I'm against it in the beginning. We have the power to control anything, our winnings loses everything. Control your emotions and we are winners already.
kalau in my opinion, it is because some systems do a lot of open positions,
so that it can be resolved by using leverange which is great.
"To become a money monster ( people who get a big advantage ),
the first time you become a master of self (the person who really knows and can control himself)."
---- JP Morgan ----