what is your leverage when you trade ?
- Thread starter homi
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It is good, really. But I have to note that people who trade on a lice account after practicing on demo, can surely work with bigger leverages, as 1:50. it won't influence the depo very much if it's not of $20...
Oh my God, i'm laughing to death. I know it's just a mistake, but the lice account...It is good, really. But I have to note that people who trade on a lice account after practicing on demo, can surely work with bigger leverages, as 1:50. it won't influence the depo very much if it's not of $20...
As for the theme, I'd say that people can freely trade with 1:100 and even 1:200 leverage. Just not with 1:3000 or unlimited leverage.
No, I'm not crazy. It was a surprise for me too. Today I've learned that exness offers unlimited leverage. I can't say it's a good news cause it's a shock. A very tricky way to get more money from newbies who don't think that their depo will be destroyed just by one-pip price movement
I'm still shocked. It's very sad..
Ah, I'm sorry for misspelling, maybe I was tired while writing this line.Oh my God, i'm laughing to death. I know it's just a mistake, but the lice account...
As for the theme, I'd say that people can freely trade with 1:100 and even 1:200 leverage. Just not with 1:3000 or unlimited leverage.
No, I'm not crazy. It was a surprise for me too. Today I've learned that exness offers unlimited leverage. I can't say it's a good news cause it's a shock. A very tricky way to get more money from newbies who don't think that their depo will be destroyed just by one-pip price movement
I'm still shocked. It's very sad..
Unlimited leverages? Wow, I would see what psychos will go for it
As per my opinion, optimal range of leverage must be in between 100x to 500x. As more high leverage, more high risks so there are more chances of your account getting wiped out. Everyone has his/her risk bearing potential so choice of leverage varies from person to person. I’m presently trading at 200x and I feel it works best for me.
Oh my God, i'm laughing to death. I know it's just a mistake, but the lice account...
As for the theme, I'd say that people can freely trade with 1:100 and even 1:200 leverage. Just not with 1:3000 or unlimited leverage.
No, I'm not crazy. It was a surprise for me too. Today I've learned that exness offers unlimited leverage. I can't say it's a good news cause it's a shock. A very tricky way to get more money from newbies who don't think that their depo will be destroyed just by one-pip price movement
I'm still shocked. It's very sad..
No more unlimited leverage from Exness
Well I think its not about leverage but the lot size the more it is the higher is a chance you will get slippaged or filled with worst price. I try to not exceed 1 lot trading with Hotforex on 1:500 leverage, avoid trading at nights when there are less ticks and wider slippage, but in other times, sticking to trading plan , I have no issues with the broker and trading itself.
High leverage is not dangerous for trading at all, if you know how to manage risk accurately, obviously leverage always be full of risk , for that reason before trading with leverage we have to acquire proper risk management policy by learning. We can use high leverage in demo trading first of all to see the performance how it works.
I am comfortable with 1:100; I seem high trading leverage is always risky because it inspires to take big trading lots size! Besides, I always follow here money management rules of trading.
my hotforex account is at 1:400, while another one is at 1:500 dont get me wrong i try to limit it to mico lots, the thing is i simply started that way and simply got used to it, though i have been thinking for a while now to go even lower really. btw imo anthing above 1:1000 for micro accounts simply stay away from it, I ahve seen some leverage go up to 1:3000 and i dont mean no disrespect but that is insane.
Right now, I am using 1:100. I have been using this setup from the last 2 years! I used 1:200 in my beginning session of live trading.
I am pretty sure all the US traders use 1:50 leverage - that's their legal maximum. 1:50 is not that bad I believe. Your lot size should be determined by the amount of risk you wish to take with each trade and the stop-loss distance for each specific trade.
Why you can't just proportionally reduce lot size to offset the effect of leverage? This has been a mystery for me so far. Does regulator ban leverage just for possibility of misuse. Is it a protection for regular Joe or regulator tries to prevent traders from overleveraging trading environment?
I believe it is the former. Average Joes like to use their leverage to maximum from my experience.
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