Margin trading can be risky if you have no expirience and start to trade with high leverage (100x)...For starters,it is better to use 2x to max 5x leverage,and good indicators...because,margin trading is liquidation game,and whales know that
Good advice! Margin trading is like gambling. You have to manage your will to avoid losing money for nothing. Start from the small leverage such as 2x to 5x is a good strategy. However, this is just the temporary plan. Don't treat margin trading as a profit-making method. You know it! There's nothing such as easy money!
You are right there are many risks in margin trading. If you do not know the trade well the danger is higher in margin trading than in day trading Therefore, apart from leverage whales usually set the worth of the currency therefore the loss is higher. it's very difficult to form a profit in margin trading Here strategies often fail.