I agree, but there are other reasons to use leverage besides increasing your account balance.leverage causes a great risk for all time if you do not have most powerful analyzing trade knowledge and experience.
I agree, but there are other reasons to use leverage besides increasing your account balance.leverage causes a great risk for all time if you do not have most powerful analyzing trade knowledge and experience.
Makes sense.It is possible to profit from forex trading without using leverage. However, it should be noted that it usually results in smaller profits (or losses) than trading with leverage, but it does give the trader more control over his or her account.
Leverage is great if you are completely off the grid as in crypto in a cold wallet. The debate is more about what size your account is and how much you need to live off.Leverage can be a great tool if it used correctly and we manage our risk.
If we didn't have leverage we would require a higher account balance to open positions or we would be restricted to opening small positions and therefore limiting our profits.
Even if we have the funds to open a large trading account I would prefer not to keep it all with 1 broker (in case they go bust) and to use leverage for my trading.
Once again it matters where you live and how much money you need. If you have a small account, live somewhere you can live off $10 a daytrading without leverage on forex will be tough to make a decent profit unless you have alot of capital cause the movement isnt big enough for small position to make a good profit.

Great reply, but the picture is a little small.![]()
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Use as high leverage as possible.
And use sound money management.
That does not make sense to me. I would agree using higher leverage takes better management skills, but returning any gain is a feat in itself.right.
trading without leverage means
poor money management.
All the 3 Ms (money, method, mind) must be very solid in order to
be profitable.
Thanks.perfect.
exactlyThat does not make sense to me. I would agree using higher leverage takes better management skills, but returning any gain is a feat in itself.