Small Accounts <$5k

Also, be careful with your leverage when trading with a small account.

you should be careful with leverage regarding any account.if you're not concerned about margin and leverage you need to get away from the computer and get off the platform and never trade again
 
[Abou=fxmade2trade;2520888]you should be careful with leverage regarding any account.if you're not concerned about margin and leverage you need to get away from the computer and get off the platform and never trade again[/QUOTE]
sorry I was still kinda on one about the monitor thing anyway leverage isn't exactly what you need to be concerned about its more risk that you need to be concerned with.leverage doesn't define your risk your risk is set at what your stop loss percentage you Risk leverage really doesn't make a difference it's a toolyou could have your stop loss at 20% and be totally screwed with no leverage still or you could be using it 50 to 1 leverage and have your stop lesson at 1 percent then your risk is only 1 percent versus 20% that's the difference between leverage And no leverageit is important that I understand itbecause if you don't understand it it's not like a broker or platform is really going to guide you in the right direction just saying unlike vendors who are just trying to help
 
Top