Do you agree with me that leverage is the killer ?

[Exness Support]

Well i met a lot of new traders who blasted their accounts in 2-3 Months time. Often i notice these new traders trade big lots relative to their account size and that's often the reason of failure. So I call it leverage the killer.

Do you agree with me using bigger lot size is often reason for failure for most of the traders ? Please share your story and feedback

 

[Enivid]

No, leverage is not a killer. It is a very useful tool. Unreasonable position sizes are a killer.

 

[Rob Taylor]

High leverage gives you more flexibility in your trading. Adding to losing positions, or scaling in, as some people call it, kills your account, not high leverage.

 

[angle13]

yeah. with high leverage. it will make bigger lose but i can bring bigger profit. importance is trader who can earn money

 

[eyeball]

Leverage is not the killer--a lack of understanding ,poor execution, and inexperience are lethal

 

[fxapex]

Leverage is not the killer--a lack of understanding ,poor execution, and inexperience are lethal

well said actually a trader has to learn how to make use of leverages, there are many traders who use leverage very smartly to book profits.

 

[Rambo35]

No, I don't agree with you, leverage can work in your favor if you actually know what you are doing.

 

[tobeone]

It's a FOREST GUMP Logic, Leverage vs No Leverage.
With 0 leverage you'll struggle to beat inflation.
It's all mathematics. You know how much you lose. And you know that you have at least 100 tries to open a new position after each loss. I use reversed martingale money management. I reduce my position size by 2 after each loss so I have huge quantity of bullets in my machine gun. Once you're backed by this, you try your best to reduce losses. You also need at least 1:2 average risk😛rofit ratio to cover your losses by 1/2 position size. This money management is not ok with low profit ratio strategies neither.