Why you should use leverage in the 1st place?
Understanding 101 - Double edged sword for leverage.
Reasonable or not, depends on risk appeitate. For short trading for FX, my leverage is 1:20 , and that's reasonable to me because I do have a stop loss for all my trades. My strategy 3-in-1.
All trades are "10 credits", to win 20 credits or 10 credits. 3 trade at 1 go (maybe different fx pairs for all 3 trades).
Trade 1 - Lose 10 credits
Trade 2 - Lose 10 credits
Trade 3 - Win 20 credits
This way, I do break even, if i predicted 1 trade correctly for simplicy sake.
Depending on your strategy, leverage might be a good thing, but becareful of the backfire.
Why you should use leverage in the 1st place?
Understanding 101 - Double edged sword for leverage.
Reasonable or not, depends on risk appeitate. For short trading for FX, my leverage is 1:20 , and that's reasonable to me because I do have a stop loss for all my trades. My strategy 3-in-1.
All trades are "10 credits", to win 20 credits or 10 credits. 3 trade at 1 go (maybe different fx pairs for all 3 trades).
Trade 1 - Lose 10 credits
Trade 2 - Lose 10 credits
Trade 3 - Win 20 credits
This way, I do break even, if i predicted 1 trade correctly for simplicy sake.
Depending on your strategy, leverage might be a good thing, but becareful of the backfire.