A lot of beginners myself included when I first dabbled in trading tend to focus too much on the charts, the strategies or even the success stories online while overlooking the basics of financial preparation and emotional management. Many beginners think high leverage is a shortcut to financial freedom but more often than not it just accelerates losses. I’ve found that keeping leverage small and focusing on consistency is a much healthier way to grow both skills and confidence.
Trading the market with small leverage when you are newbie is the best decision to take in order not to lose more in the market.
There are some greedy traders who would never succumb to trading with small capitals or what they can afford.
Trading need knowledge and gradual learning of what the market contains and how to trade it. Leverage trading will make you know how to use risk management if you are not greedy.
Of course, for new traders, taking more leverage means becoming greedy. If someone starts trading with more leverage right after entering the trading market, then he is definitely taking a big risk. And in taking such a risk, the chances of losing are very high. Although trading is easy, it is also risky. Traders should start with small leverage in the beginning and has to gradually gain knowledge to survive in the market. If a trader can acquire proper skills in risk management, then he will definitely benefit in the future.