what is your leverage when you trade ?

Discussion in 'General Forex Discussion' started by homi, Oct 11, 2012.

  1. homi

    homi Trader

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    It is really interesting for me to know what is your leverage while trading ? ;)
     
  2. Enivid

    Enivid Administrator Staff Member

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    1:100 on one broker, 1:50 on another and 1:600 on the third one. Most of my trades are with 1:100 one.
     
  3. ezrydn

    ezrydn Active Trader

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    I setup most of my platforms at 1:200.
     
  4. Fxpipper

    Fxpipper Master Trader

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    1:100 on one, 1:200 on the other and on the third, 1:80..plan to shake things a bit next week.
     
  5. Kungfupanda

    Kungfupanda Banned

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    When I was the new trader, it's 1:50 and now 1:200. Anyway, they're good for me to trade.
     
  6. inggo

    inggo Master Trader

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    i trade on a 1:500 but i keep it easy and slow :) though hotforex offers 1:1000 but it scares me haha
     
  7. Fxpipper

    Fxpipper Master Trader

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    Yeah, would advise all newbies not to fall for the leverage trap..higher the leverage, the faster your account will get wiped out especially if the trader is new to trading..we have all gone there, done that.
     
  8. krecex

    krecex Trader

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    I usually trade with leverage of 1:500
     
  9. dustinplaas

    dustinplaas Trader

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    1:500 aswell I am happy with that
     
  10. homi

    homi Trader

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    why choosing low leverage ?
     
  11. TheLastBear

    TheLastBear Banned

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    It really depends on. I use anywhere from 100 to 500.
     
  12. candle7779

    candle7779 Banned

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    Well I prefer to use leverage from 1:100 to 1:500. When brokers suggests more it seems to my unreliable and suspect.
     
  13. Robert

    Robert Trader

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    Brokers will suggest more leverlage to increase the pip's value so they will profit more from the spread. Using high leverage will wipe out your account should the trade (yes, you only need one bad trade) to move against you. It is a pure gable risking your entire investment on a single trade knowing that you do not have 100% success. Are you all new to the market? I use 1:5 leverage at any costs
     
  14. candle7779

    candle7779 Banned

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    Well, as to me I prefer to trade not very huge leverage. Maybe 1:200-1:500. It seems to me more convenient. And I feel that my money is safe when leverage not big. Because the huge leverage seems to me suspect.
     
  15. homi

    homi Trader

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    another question , guys what is the amount that you deposit until you can trade with the leverage of for example 1:100 or 1:500 ?
    thanks in advance for your responses .
     
  16. TheLastBear

    TheLastBear Banned

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    That depends on your broker. Each broker has a different minimum deposit requirement, but in general you can pick the leverage you would like for your account.
     
  17. homi

    homi Trader

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    good thanks , is it possible to trade with 1$ when you have the leverage of 1:500 ?
     
  18. TheLastBear

    TheLastBear Banned

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    You need to ask your broker that, but if you were able to set your own leverage then yes.
     
  19. djewel

    djewel Trader

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    Yes, it is not advised for all newbies to leverage trap .. Higher leverage, will be wiped out quickly, especially if your account is new trading to business .. We all away, that will not work.
     
  20. homi

    homi Trader

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    it can be a good option for professionals ;)
     

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