having a losses is very common attitude and there is no one who can avoid it in spite of having most powerful analyzing trade knowledge and experience.
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When we are doing our trading we will have to understand that the leverage needs to be set to a minimum level so that the risks will also get reduced.according to me the leverage could be dangerous if you have no trading plan with zero risk management, so traders should develop the money management first of all.
Exactly, leverage is a double-edged sword, which can magnify profits as well as losses. So, one should only use leverage if one has tried and tested trading strategies along with a risk management plan.according to me the leverage could be dangerous if you have no trading plan with zero risk management, so traders should develop the money management first of all.
We will need to make use of the Lower leverages while doing our trades in the markets.Leverage can bleed your trading account if not used wisely! The more leverage you use, the more you risk, so many professionals limit their leverage to 100x to 200x. Staying cautious will keep you in the game for the long run.
To trade with your own money without leverage, however, you will need to have a lot of capital. Many people may not have enough capital to invest.We will need to make use of the Lower leverages while doing our trades in the markets.
We will need to select a lower leverage setting so that the losses will remain limited for us.To trade with your own money without leverage, however, you will need to have a lot of capital. Many people may not have enough capital to invest.