Using high leverage

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Thread: Using high leverage

  1. #1
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    Default Using high leverage

    Using high leverage
    Forex is a risky market. Using a high leverage can be great the problem when something bad happens. It is normal for people to make mistakes. But not learning from it can be bad for traders. If you make the same mistake over and over again, you will face great losses. Without goals and dedication, there is no chance of standing in this market. In my case, I am still surviving in the market thanks to my broker Eurotrader guide.

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    Traders with small capital have to use a good risk management strategy to survive in the market. It will give traders an idea of ​​how much money they are taking a risk each day and allow them to set a plan to achieve the goals. After all, we all know that forex is a risky trading market. In my case, I learned proper risk management strategy from my broker Eurotrader.

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    Every broker offers a leverage facility for traders. If the leverage selection is not correct, it is very difficult to make a profit by trading. Many traders use 1: 2000 leverage. They need to change that behavior. There is a discipline in every subject and you have to create yourself according to that discipline. I like Eurotrader to trade with leverage.

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    I think before using high leverage for making maximum profit, new traders should try this in a demo account, what i did. It will help them to understand about the good side and bad side of high leverage. I use Forex4you. in there demo account they give facility to any trader to set any leverage and trade risk free. Traders can easily trade with their demo account because it is easy to use.

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    Yes, new traders will be in big danger by investing big capital in the beginning stage. One of the difficult but profitable business is Forex market and it is full of various risk. To avoid the risk the major a step a newcomer could do is firstly learn and then invest bit low capital. Tpglobalfx is one of the secured and highly regulated Forex broker and that’s why I have been invested my money in their platform.

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    A trader is that person who opens a forex account and then buy and sell currencies. The difference in price the currency pair was bought and sold at are the profit and loss. Traders are basically trade in the forex market with the help of forex account under a specific forex broker. Brokers help the trader to make professional from beginner. i am also a trader of forex market. I am trading with TP Global FX. They help me to become a good trader in the market.

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    This is why high leverage has been banned in many jurisdictions all over the world, including the entirety of the EU and Australia.

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    in ro ham eslah kon:
    Leverage in Forex trading is a tool that enables us to open big size trade with small capital. It is the leverage that helps us to to make more profit with a small capital. But it is difficult to pick the best leverage level one should use, as it in a general sense relies on the individual trader's trading procedure. But if you want to hold your trade for longer term, use less leverage. For my trading I utilize 300:1 leverage however my broker Eurotrader provides for 500:1.

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