idiot.
Quote from Kalparker:
A lot of people feel more leverage gives them a bigger cushion, and sense of security. That is true, if you manage your risk and are careful. It can also hurt you, by having you stay to long in a trade that is going against you, and before you know it your wiped. I know a friend who wanted to trade forex like me, so he open an account with 20k, with 1-100 leverage. He wiped half the account in the first day. It's all about risk management, and to many rookies overlevarage and get crushed. I guess there trying to hold there hands by limiting there leverage amounts.
