Leverage: The Double-Edged Sword in Forex
- Thread starter myron
- Start date
Fin_Trader
Member
I think that when trading you should always control risks and minimize your losses. Therefore, it is better to trade with a small amount of leverage, earning more conservatively, but also more stably, than to chase big and quick profits with maximum leverage and constantly lose your deposits.
Jonathan Lee
Member
Responsible leverage management involves using smaller leverage ratios to reduce risk, setting proper stop-loss levels, and never risking more than a small percentage of your account on a single trade. While leverage can amplify profits, it can also lead to significant losses if not managed carefully, so caution is key.
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