Leverage
forex_trader_2009352
Member Since Dec 01, 2020
3 posts
Dec 12, 2020 at 15:38
What is the recommended leverage for small accounts?
Member Since Jul 23, 2020
869 posts
Dec 12, 2020 at 17:29
It depends on what market you are trading. In crypto there are some restrictions on leverage issued by regulators.
forex_trader_1983341
Member Since Oct 21, 2020
35 posts
Dec 12, 2020 at 18:52
1:500 should be the maximum. Leverage only amplify your trading, it doesn't make you a better trader.
forex_trader_2009352
Member Since Dec 01, 2020
3 posts
Dec 12, 2020 at 20:07
small account for fx EA
Member Since Nov 16, 2020
21 posts
Jan 05, 2021 at 09:07
You should stick with 1:100 or go as high as 1:200 in the beginning. This is the safest way of using leverage for trading.
Member Since Jun 22, 2020
77 posts
Jan 05, 2021 at 11:58
mikehussy332 posted:I wouldn't say 1:100 is safest. That is very dangerous, even for the well experienced traders as well.
You should stick with 1:100 or go as high as 1:200 in the beginning. This is the safest way of using leverage for trading.
1:30 from that first reply is perfect, even for the experienced traders.
Small accounts can have 10x leverage as maximum, to me.
Member Since Aug 27, 2017
994 posts
Jan 06, 2021 at 10:21
high leverage means high risk , its not true exactly, if there is any risk it is complete with nonsense planning or zero risk management, nothing without it.
keeping patience.......
Member Since Aug 27, 2017
121 posts
Jan 08, 2021 at 15:30
Let me copy what I have said on the other thread.
I think I have already explained this before that the leverage doesn't matter unless you trade a big size or a lot of trades that will affect the margin % on your account. When using proper position sizing, you only need to know how much are you willing to risk per trade and the total pips from the entry price to the stoploss price. Leverage doesn't matter at all. If let's say you wanted to open a trade that will be a 50-pip stoploss and you are willing to lose 500 dollars, then you can open a lot size of 10 dollars per pip or 1 lot size on a standard account. Regardless if you use a leverage of 1:1, 1:30, 1:50, 1:100 or 1:3000, the risked amount of 500 dollars on that trade will still remain the same. Please do not mislead newbie traders. Anyone who knows how to properly set the correct sizing on each trade, knows this.
I think I have already explained this before that the leverage doesn't matter unless you trade a big size or a lot of trades that will affect the margin % on your account. When using proper position sizing, you only need to know how much are you willing to risk per trade and the total pips from the entry price to the stoploss price. Leverage doesn't matter at all. If let's say you wanted to open a trade that will be a 50-pip stoploss and you are willing to lose 500 dollars, then you can open a lot size of 10 dollars per pip or 1 lot size on a standard account. Regardless if you use a leverage of 1:1, 1:30, 1:50, 1:100 or 1:3000, the risked amount of 500 dollars on that trade will still remain the same. Please do not mislead newbie traders. Anyone who knows how to properly set the correct sizing on each trade, knows this.
Trading is a marathon, not a sprint.
Member Since Dec 16, 2020
7 posts
Feb 23, 2021 at 10:17
1:10 or 1:20 seems to be the safest if you want to risk less. Good luck to you.
Member Since Jul 23, 2020
759 posts
Mar 19, 2021 at 17:54
fasfolds posted:Adjust the leverage according to your risk tolerance. Newbies shouldn’t take high leverage.
I prefer 1:200 on most trades. It is simple and safe, works for me.
Member Since Jan 11, 2019
147 posts
Mar 19, 2021 at 18:01
posted:30X should be the maximum leverage as it is a double edged sword which works both ways
What is the recommended leverage for small accounts?
Mar 25, 2021 at 12:49
Leverage is very important in forex trading. With leverage a trader can manage more trades with minimal capital. It proposes you that with a little capital you can make larger profit. Leverage ends up being more perilous when we use big lot contrasted with capital. For my trading I use 300:1.
Member Since Mar 16, 2021
477 posts
Mar 27, 2021 at 01:11
How much leverage I will select depends on the investment. If the investment is good, then selecting less leverage should not be a problem. But if the investment is low, it is not possible to trade if the leverage is not high.
Member Since Jan 08, 2021
15 posts
Apr 07, 2021 at 12:47
There is no particular leverage that can be recommended. You must choose the right leverage ratio in accordance with your trading requirements.
