Post
Topic
Board Trading Discussion
Re: Trading with leverage
by
abrahamtownsend
on 06/12/2021, 07:54:26 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.

I do respect everyone’s opinions but maybe being on the side of what everyone thinks is right is the reason most of us are failing. I don’t believe in following herd mentality. I do what I feel is right (not for the sake of being different).