what is your leverage when you trade ?

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

  1. FxTimothy

    FxTimothy Trader

    25
    2
    9
    Yes one can surely trade big instruments using high leverage but keep in mind then its risky as well and if you use High leverage then Changes are you are breaking one Rule of Forex Trading is right money management.
     
  2. Hafizmd

    Hafizmd Active Trader

    77
    5
    29
    It is good, really. But I have to note that people who trade on a lice account after practicing on demo, can surely work with bigger leverages, as 1:50. it won't influence the depo very much if it's not of $20... :)
     
  3. Roifx

    Roifx Trader

    7
    2
    9
    i like low leverage for trading. High leverage can be dangerous for this forex. So i will recommend for new traders to choose 1:100 leverage. It will control your over trading.
     
  4. Alexfx79

    Alexfx79 Active Trader

    376
    20
    39
    Oh my God, i'm laughing to death. I know it's just a mistake, but the lice account... :D :D :D
    As for the theme, I'd say that people can freely trade with 1:100 and even 1:200 leverage. Just not with 1:3000 or unlimited leverage.
    No, I'm not crazy. It was a surprise for me too. Today I've learned that exness offers unlimited leverage. I can't say it's a good news cause it's a shock. A very tricky way to get more money from newbies who don't think that their depo will be destroyed just by one-pip price movement
    I'm still shocked. It's very sad..
     
  5. Hafizmd

    Hafizmd Active Trader

    77
    5
    29
    Ah, I'm sorry for misspelling, maybe I was tired while writing this line.
    Unlimited leverages? Wow, I would see what psychos will go for it :D
     
  6. jameswilliam

    jameswilliam Trader

    32
    1
    7
    As per my opinion, optimal range of leverage must be in between 100x to 500x. As more high leverage, more high risks so there are more chances of your account getting wiped out. Everyone has his/her risk bearing potential so choice of leverage varies from person to person. I’m presently trading at 200x and I feel it works best for me.
     
  7. jellyeb

    jellyeb Active Trader

    248
    11
    29
    Mine is default 1:500 with HF.
    Playing with lot size instead to manage risk.
     
  8. Lukas Schmidt

    Lukas Schmidt Trader

    47
    5
    9
    No more unlimited leverage from Exness :)
     
  9. Lukas Schmidt

    Lukas Schmidt Trader

    47
    5
    9
    I'm trading with 300x, works out well for me
     
  10. garena

    garena Active Trader

    243
    5
    34
    1:200-300 is quite enough. I truly think only scalper need high leverageds
     
  11. jellyeb

    jellyeb Active Trader

    248
    11
    29
    Well I think its not about leverage but the lot size the more it is the higher is a chance you will get slippaged or filled with worst price. I try to not exceed 1 lot trading with Hotforex on 1:500 leverage, avoid trading at nights when there are less ticks and wider slippage, but in other times, sticking to trading plan , I have no issues with the broker and trading itself.
     
  12. Martin Gaptil

    Martin Gaptil Trader

    58
    10
    9
    High leverage is not dangerous for trading at all, if you know how to manage risk accurately, obviously leverage always be full of risk , for that reason before trading with leverage we have to acquire proper risk management policy by learning. We can use high leverage in demo trading first of all to see the performance how it works.
     
  13. Michelle Yeoh

    Michelle Yeoh Trader

    83
    7
    9
    I am comfortable with 1:100; I seem high trading leverage is always risky because it inspires to take big trading lots size! Besides, I always follow here money management rules of trading.
     
  14. inggo

    inggo Master Trader

    474
    11
    59
    my hotforex account is at 1:400, while another one is at 1:500 dont get me wrong i try to limit it to mico lots, the thing is i simply started that way and simply got used to it, though i have been thinking for a while now to go even lower really. btw imo anthing above 1:1000 for micro accounts simply stay away from it, I ahve seen some leverage go up to 1:3000 and i dont mean no disrespect but that is insane.
     
  15. Ary Barroso

    Ary Barroso Active Trader

    803
    44
    39
    Right now, I am using 1:100. I have been using this setup from the last 2 years! I used 1:200 in my beginning session of live trading.
     
  16. jellyeb

    jellyeb Active Trader

    248
    11
    29
    Anybody tried to use 1:50 leverage? What is the best lot size if my trading deposit is $5000 and I don't rush to become a millionaire. Want to ensure the safest conditions as possible
     
  17. Enivid

    Enivid Administrator Staff Member

    11,505
    420
    114
    I am pretty sure all the US traders use 1:50 leverage - that's their legal maximum. 1:50 is not that bad I believe. Your lot size should be determined by the amount of risk you wish to take with each trade and the stop-loss distance for each specific trade.
     
  18. jellyeb

    jellyeb Active Trader

    248
    11
    29
    Why you can't just proportionally reduce lot size to offset the effect of leverage? This has been a mystery for me so far. Does regulator ban leverage just for possibility of misuse. Is it a protection for regular Joe or regulator tries to prevent traders from overleveraging trading environment?
     
  19. Enivid

    Enivid Administrator Staff Member

    11,505
    420
    114
    I believe it is the former. Average Joes like to use their leverage to maximum from my experience.
     
  20. tolasforex

    tolasforex Trader

    27
    0
    22
    I like to trade with 1:500 or 1:1000.
     

Share This Page