Post
Topic
Board Trading Discussion
Re: Trading with leverage
by
LUCKMCFLY
on 24/11/2021, 03:45:02 UTC
I do not recommend the leverage when there is no previous experience
I do find that most people are having similar opinions like they will never recommend leveraged based trading but OP got complete different view on leverage trading. Not sure why OP is having different opinion than most of the people of this community.

I really recommend is to start on a platform with real money to be able to test well how it works and what the "take profit" is like.
I understand that being real money or not is not a concern here because you can start with demo money but you should start only in spot trading and not in leveraged trading. Even you are practicing in leveraged environment with demo money, you cannot learn any useful experience there because the market volatility will not let you learn anything out of real time experiences. You must need a common and steady environment where you will spend time to learn things but rushing out everything will not help you to gain knowledge about it.

If, in fact, the OP has to be a case very different from everything common, the logic and what everyone recommends is to be careful with that type of leverage, the idea is to protect the interests of people in terms of economic or economic and this generates that type of advice so that not everyone loses money, I think OP was greatly accompanied by luck.

Sometimes it happens that these types of decisions to leverage work for them, but it really has to be taken into account that luck is not on our side all the time, in that case it is when many enter trading gambling but at some point that luck it ends and that is when it fails.