What Leverage Do You Use?
A high leverage is one of the best things of the modern retail Forex trading and it allows making the thousands of dollars on some cent moves in EUR/USD currency pair, even if you have only $10,000 in your trading account. But on the other hand, that high leverage is the reason of the extremely high losses of the inexperienced Forex traders. The margin leverage is a multiplier that plays for you when you win and plays against you when you lose. With a big enough trading account it’s advised not to use the leverage at all, but the vast majority of Forex traders requires a leverage to make some money and they often seek the broker with a highest leverage possible. Personally, I prefer usual 1:100 leverage, which gives a lot of… you know, “leverage”, and makes the risk/reward calculations quite easy. And how about you?
Note: There is a poll embedded within this post, please visit the site to participate in this post’s poll.
(…)
Read the rest of What Leverage Do You Use? (17 words)
Posted on Forex blog.
Go to Source