Using high leverage to your advantage in Forex | Forex
Information | Currency | Markets | Fx | Video | Assets | Lesson | Trading
High leverage is a big no no for most because it essentially reduces the margin consumed per trade leaving more margin available to take more trades. Hence it lures traders into over trading. Well then is it really the high leverage that's the culprit here or a faulty mindset that is digressing beyond solid risk/money management strategies to put more capital on the line? This video explains that the very idea of high leverage can actually be used to be more safe than most.
Comments
-
Good video on leverage and lot for new forex traders. I have been using fxglory.com since 2014.They are the only broker that offer leverage as high as 1:3000
-
Here in the United States all brokers are limited to 50:1 leverage. This makes it VERY difficult for us American traders. I have a trading system that works really well, but this low 50:1 leverage is killing me! My system often requires a half a dozen or more trades to be entered at once, and the 50:1 leverage makes it really difficult for me to enter all those trades at once (as my system often requires). I need 200:1 or 400:1 leverage so I will have the margin available to take all my trades. What can us American traders do to overcome the low leverage (50:1) problem??
Otherwise I might have to give up forex... even though I have a successful system (EA actually). -
Leverage and risk brought me from almost nothing to really big, I do the same thing of only trading a fraction of capital and "vaulting" the rest.
It's all a matter of mindset and application, the results I've done, people always thought is impossible, but the possibilities are there with leverage, all else is needed is confidence, mindset and patience for high probability opportunities.