if you have high risk when using leverage that means it is completely with non sense planning with zero risk management , nothing without it.
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Best Forex Leverage for Beginners
- Thread starter Paul Sachin
- Start date
its a loan all about nothing without it.Excatly!
Leverage is a double-edged sword. So, it should be used wisely.
Once your using 1-2% risk per trade using higher leverage won't be of any concern
this is good risk ratio but honestly speaking 1-2% risk management is really challenging to maintain at all times.
i have seen when time to trade during news the risk ratio increase very rapidly , this is a very problematic issue for beginners
Beginners frequently use high leverage ratios in an effort to achieve favourable results, but bad money management completely prevents this from happening.
newcomer can use high leverage in demo account to see the performance how it works.For newbies like me, I would suggest lower leverage of 1:200 maximum.
I agree! Demo is best way to test your strategies.newcomer can use high leverage in demo account to see the performance how it works.