How much leverage is safe?

[Waylen]

1:10 is the perfect leverage sizing particularly for those who want to avoid trading risk.

 

[ThaddeusFinch]

This dude definitely knows whats up!

Use as high leverage as you can! Well that would of course depend on the leverage that your broker offers. Mine offer 1:3000 but I have a very simple way to know how to use it. I would calculate my lot size based on the capital that I have without considering the leverage, then I would enter that position using the leverage. This way the only thing that I'm doing is reducing the margin.
Also I always use take profit and stop loss. If you don't then your gambling not trading.

Yeah its hard to set take profit and stop loss isn't it? With leverages, its way way more difficult to have a proper R ratio! one mistake will be your last mistake

 

[volpri]

Is high leverage very dangerous?
=
Is a sharp knife very dangerous?

not as dangerous as a dull knife.

 

[ThaddeusFinch]

not as dangerous as a dull knife.

wtf does that suppose to mean!?

 

[shine]

1:10 is the perfect leverage sizing particularly for those who want to avoid trading risk.

I think it's too safe. If you want to trade conservatively, then it is better to use a leverage of 1:30. If you need to trade with moderate risks, then you can use a leverage of 1:100

 

[pescador]

Let it be $500 capital! How much will be the fitting leverage option for this amount?

Depends on your strategy and capacity.
For scalping 3-20 minutes waves 1:100 or 1:200 is good, but only if you are able to use a SL of about 2-3 pips and still have more and bigger winners than losers.
If you still have no experience / capability to identify those kind of opportunities, you will have to use less leverage and bigger SL. 1:10 is reasonable if you are not an experienced scalper.

 

[shine]

Also, the size of the leverage depends on the size of the deposit. That is, when the deposit is impressive, the trader will never trade without risk control, and even a small percentage of profit in monetary terms will be quite noticeable. Therefore, there is no point in overestimating the risks to achieve good profits.
But when the deposit is small, then many set the maximum leverage in order to be able to quickly accelerate the deposit and earn more. At the same time, the risks are not consciously controlled, which often leads to the loss of such a deposit.