what is your leverage when you trade ?

homi

Trader
Sep 19, 2012
24
0
12
It is really interesting for me to know what is your leverage while trading ? ;)
 

Fxpipper

Master Trader
Oct 26, 2011
1,132
1
49
1:100 on one, 1:200 on the other and on the third, 1:80..plan to shake things a bit next week.
 

Fxpipper

Master Trader
Oct 26, 2011
1,132
1
49
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.
 

homi

Trader
Sep 19, 2012
24
0
12
why choosing low leverage ?
 

TheLastBear

Banned
Jul 11, 2012
192
0
0
It really depends on. I use anywhere from 100 to 500.
 

candle7779

Banned
Sep 27, 2012
352
0
0
Well I prefer to use leverage from 1:100 to 1:500. When brokers suggests more it seems to my unreliable and suspect.
 

Robert

Trader
Oct 24, 2012
53
0
22
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
 

candle7779

Banned
Sep 27, 2012
352
0
0
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.
 

homi

Trader
Sep 19, 2012
24
0
12
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 .
 

TheLastBear

Banned
Jul 11, 2012
192
0
0
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 .
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.
 

homi

Trader
Sep 19, 2012
24
0
12
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.

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

TheLastBear

Banned
Jul 11, 2012
192
0
0
good thanks , is it possible to trade with 1$ when you have the leverage of 1:500 ?
You need to ask your broker that, but if you were able to set your own leverage then yes.
 

djewel

Trader
Oct 29, 2012
1
0
12
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.
 

homi

Trader
Sep 19, 2012
24
0
12
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.

it can be a good option for professionals ;)