Leverage is a good advantage

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Thread: Leverage is a good advantage

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    Default Leverage is a good advantage

    Leverage is a good advantage
    Leverage is a good advantage for a trader. But many traders do not need high leverage but use it and suffer significant losses due to a lack of planning and risk management strategy. Therefore, it is important to have an appropriate risk management strategy before using any kind of leverage. In my case, I learned proper risk management strategy from my broker Eurotrader educational resources.

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    Quote Originally Posted by Giacinta loggia View Post
    Leverage is a good advantage for a trader. But many traders do not need high leverage but use it and suffer significant losses due to a lack of planning and risk management strategy. Therefore, it is important to have an appropriate risk management strategy before using any kind of leverage. In my case, I learned proper risk management strategy from my broker Eurotrader educational resources.
    I prefer to use small leverage with Hotforex because I prefer to have better control over my loss rather than hunt for huge profitable trades.

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    As a human being, emotion is a part and parcel of our life. Controlling emotion is a tough job. But in forex trading, as a trader you have to control your emotions. Emotion can cause the loss in trading. Taking decision emotionally can not be suitable for you. You need to be practical. You should know when to trade, what to trade and how to trade. I am trading with Forex4you. They always help me to control my emotions. They suggest me about the trading policy. So, it is quite easy for me to control my emotions while I am trading with them.

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    In forex, capital is no problem. But the main key is knowledge. People may start with a small investment. But with the right approach, they can increase their investment. There are many successful traders in the Forex. New traders can learn and get inspiration from them. I am also trading with Eurotrader. This broker offers low spreads and high leverage up to 1: 500.

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    It depends on the leverage. Leverage that is too high got banned by many financial regulators all over the world because it led to significant losses for traders.

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    in ro ham eslah kon:
    We all know the proverb that no risk no gain. Forex market has also risk. A trader when trading in the market, he always try to reduce the risk. It is not easy to minimize the risk. Trader should study hard before trading in the market. A broker also can help to minimize the risk. To give the guideline I take TP Global FX as my broker. Their planning, execution and ease of access pleasing me all time.

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