Post
Topic
Board Trading Discussion
Re: Trading with leverage
by
Silberman
on 14/11/2021, 21:36:11 UTC
Trading with leverage is a very dangerous thing for a beginner, especially for a gambler, because if you try it once, you can't pull everything off.
As a beginner, I was losing my deposits, trading with a leverage of x10, x20, but I realized that it was necessary to trade with a maximum of x5, and it would be hard to stop.

It's not recommended for newbies especially if they don't master the risk management. That's what will happen to any traders who don't know how to manage the risk and they just rely to luck and will ended up broke. I use high leverage even though I'm not a professional trader but I only use it if I'm really confident with my technical analysis.

That’s smart. Traders, most specifically the new traders need to understand that it’s not important to use leverage on every trade. Use it when you are very sure about a trade but it’s not good to exceed a certain limit even if you are very experienced.


That could be a decent approach, after all not every single trade that we make has the same chances of turning favorable to us, but unfortunately newbies do not do something like this, many newbies have the mistaken idea they can win 100% of their trades and when you have that kind of mentality then it does not make sense to not use leverage on every single trade, unfortunately their expectations about their skills and winning rate are as out of place as the profits they want to get, making them more susceptible to make mistakes from which they cannot recover.