I personally don't use the leverage that my broker provides because I am still not that confident with my skills. I am still a little afraid I might make a mistake and lose a huge amount of money.
I personally don't use the leverage that my broker provides because I am still not that confident with my skills. I am still a little afraid I might make a mistake and lose a huge amount of money.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
A leverage is like a loan that you get from your broker. So in order not to be deeply indebted, avoid going for too high leverage.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
It actually depends on the level of risk that you are willing to take. I agree with PALM on settling for 1:50 -- I think it's a safe zone. But if you think you can handle a little higher risk, then feel free to do so. Besides, higher leverage also allows opportunity for higher profit. But then again, remember that the same goes with the risk.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Leverage is a double-edged sword, as suggested above, but its also the thing that makes short-term trading worth the risk. There is no point trading short-term with no leverage. BUT the risk is you end up with no money in your account.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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I’m not sure what you mean by true leverage. But my understanding of forex leverage is:
For every dollar you put up, your broker will loan you fifty (1:50).
But if you increase your leverage to 1:100, instead of being allowed to lose $50 on a trade, you’re allowed to lose $100, thereby blowing your account twice as fast.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Can anyone tell me what true leverage is and the benefits of true leverage
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.