Your Questions About Trade Forex Without Leverage
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
Jenny asks…
In Forex trading, what level of leverage do the...
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Your Questions About Trade Forex Without Leverage
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
Jenny asks…
In Forex trading, what level of leverage do the winners/pros use
that makes them consistent winners?
I understand now that novice traders come into forex trading thinking they will make millions
because they were being enticed by clever marketing schemes from their chosen broker that
allows them to use 100:1 leverage, or even 200: or 500:1 leverage, and what often happens is
they go in and lose big time.
I now know that winning Forex traders use risk management, and choose a level of leverage
that’s nothing near as high as even 100:1 or even 50:1 like the brokers offer.
What level of leverage would a winning forex trader use to win consistently, without risking
losing their shirts and being wiped out I ask?
What level of leverage would they use as a winner/pro in a leverage ratio, I mea
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