the newcomers

[L Moore]

Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.    

 

[DianeRiche]

Thanks for such a topic! It is very important for all the people!

[bluemac]

On 8/7/2019 at 1:58 AM, L Moore said:

Basically we the traders in particularly the newcomers try to make money very rapidly by using high leverage and practically fall a great loss due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.    

 

We can adjust the leverage any time and some brokers like hotforex offers up to 1:400 on regular and 1:1000 on micro accounts while there are some crazy offers like 1:3000 too in the market from other brokers which seems pretty unrealistic. New traders should keep the leverage low in start coz of unawareness with the market conditions.