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[microunit]

In trading we get profits by the differences of when we buy the product and the time when we sell the product or stock, But we can increase our profits by fold by using leverages but with increase risks in our positions, What do you think is the best leverageX to use?

 

[Bousine00]

In trading we get profits by the differences of when we buy the product and the time when we sell the product or stock, But we can increase our profits by fold by using leverages but with increase risks in our positions, What do you think is the best leverageX to use?

For someone who is starting out 50:1 will be a nice point to start out. I started mine With 100:1 and I lost a lot of money.

 

[silentwatch]

If you are still new in forex then try 1:50. But if you want to more agresive then 1:100 is good but use 5% of your capital to trade or you will lose all your money in a blink of eye..
Also in crypto. Use your capital wisely

 

[Ofonime]

If you are still new in forex then try 1:50. But if you want to more agresive then 1:100 is good but use 5% of your capital to trade or you will lose all your money in a blink of eye..
Also in crypto. Use your capital wisely

1:50 is the best that leverage is for new and existence users,its also depend on the broker you are using so you actually make your own choice,I think I have trade with 1:100 before and its favoure me so tight stoploss must be in place

 

[Wisdom01]

The best leverage to use for me is 50x leverage considering the amount of profit you could make with that leverage , but 100 x is more risky and someone could lose lot of money,the higher the leverage the higher the risk

 

[ashim kate]

Using of leverage to trade is something that can be of great advantage to you and something that can be of disadvantage to you as well. I will particularly advise that you should be very familiar with spot trading and I've done it for a very long time before you should consider using leverage whatsoever.

 

[Wisdom01]

Using of leverage to trade is something that can be of great advantage to you and something that can be of disadvantage to you as well. I will particularly advise that you should be very familiar with spot trading and I've done it for a very long time before you should consider using leverage whatsoever.

Yeah you need to use a better leverage to trade ,it's a big opportunity for you to make that gain ,don't be over greedy to use high leverage ,that's one of the things newbie needs to note ,there is a disadvantage there in using high leverage the person money could get wiped away

 

[microunit]

Leverage is quite a double edge sword though as sure you can get lucky and get big profits but most of the time you might get liquidated quite quickly if you set your lieverage too high and if you don't know how to properly use it or when is the right time to use it you might burn your money by liquidating it faster than you didn't use leverage at all

 

[dorcasy]

While looking out for leverage try as much as possible to look out for the brokers because some brokers comes with fix leverage and it might be late when you discover this.
If you are going to trade a currency pair and you have a budget of 100 dollars or less stick to 1:500 or 1:300 this will give you the chance bro open more positions in the real market.

 

[microunit]

While looking out for leverage try as much as possible to look out for the brokers because some brokers comes with fix leverage and it might be late when you discover this.
If you are going to trade a currency pair and you have a budget of 100 dollars or less stick to 1:500 or 1:300 this will give you the chance bro open more positions in the real market.

Yeah agree, some brokers offers different leverages across other brokers out there and also sometimes it depends on the currency you are trading as with some brokers they have different leveragess according to the pair that you are using to trade, using a bit of dollar with a big leverage is a good strategy to try too

 

[dorcasy]

Yeah agree, some brokers offers different leverages across other brokers out there and also sometimes it depends on the currency you are trading as with some brokers they have different leveragess according to the pair that you are using to trade, using a bit of dollar with a big leverage is a good strategy to try too

I am still trying to understand your point wether it's against what I said or in favour, nevertheless you could have atleast throw more light so I can really get the angle you are coming from even giving examples of the brokers will be nice just like I mentioned the leverages and their variations.

 

[Kubiat-Abasi]

To me, the best leverage to use well trading on Forex is low leverage especially if you are a novice or a newbie trader, then subsequently when you learn the ropes and technicalities of Forex trading you opt for high leverage. Low leverage is good for a starter or newbie so you could salvage the potentialities of loss accumulation.

 

[microunit]

I am still trying to understand your point wether it's against what I said or in favour, nevertheless you could have atleast throw more light so I can really get the angle you are coming from even giving examples of the brokers will be nice just like I mentioned the leverages and their variations.

I was in aggreeing to your point and I was adding my own opinion too as to what I experienced like different brokers offers different leverages, and that the leverages are also dependent on the pairs, and I already thrown more light form what I know from my previous reply, also gave an example as using leverages can be quite risky especially big leverages as you could get liquidated quite quickly

 

[ashim kate]

Trading with too much leverage has been one of the reasons in which people have blown in their account because you are going to be seeing constant liquidation. I advised that we should not use anything more than the x 5 leverage. It is important that you should be chasing constant small wins instead of wanting to make it all at a time.

 

[btaliat]

Though there may be some brokers that do have fixed leverages depending on the capital. So but for those that allow their users to adjust the leverage, the leverage to be used most time should depend on our capital and level of expertise. If we have lower capital, may decide to risk it with higher leverage like 500x