Highest Amount Of Leverage You Ever Used In A Single Trade

Discussion in 'Trading' started by Fundlord, Apr 27, 2015.

  1. Fundlord

    Fundlord

    What is the highest amount of leverage against your total account you ever used in a single trade and was it profitable or not ?

    Back when I started with $1000, I levered up 60x on a long AMZN trade before their smartphone release it opened up 3% higher and I closed out profit over 2000$. (CFD'S with tight stop allows for this amount of dangerous leverage.)

    I also used to leverage up 200x on a 3000$ account. Sold 600k GBP profited $12000.

    Obviously the trades were mostly luck based because even a random noise movement would have ruined me. On the GBP trade, I just waited for a 25 pip profit and moved my stop to break even and luckily it just running. If I held it I could have made 10 times that.

    I got the idea from a quote about Richard Dennis, the money in his account didn't mean anything it just meant more margin and more leverage.

    Im tempted to go back to my old ways, it was exciting to see crazy xxx% account growth.
     
    Last edited: Apr 27, 2015
  2. S2007S

    S2007S



    Where are you getting 500:1 leverage???

    Which broker?
     
  3. Fundlord

    Fundlord

    Almost all CFD and or FX brokers will give you that amount of leverage outside of the US of course.
     
  4. sprstpd

    sprstpd

    My biggest leverage trade was 0% leverage.
     
  5. 50:1 in the Forex market.
     
  6. xandman

    xandman

    Thing's are relative if you put it in notional exposure vs account value, then normalize to the products to volatility over a bucketed time period. Convexity is the hidden gremlin.

    Is it an intraday hold or overnight? There are ES scalpers here swinging 10 lots on a $10,000 sub accounts with 100 times++ in notional terms at market level volatility.

    Volatility is pseudo leverage. You can trade a forex majors and have 6%-7% volatility at 50:1, a Bond with 3% volatility and 100:1 or you could be trading a go-go stock with 60-70% at 5:1.

    Convexity such as options and volatility products can turn a benign exposure to one of potentially catastrophic proportions. Think Gamma.

    That said: I once swung my main account for a 5 day period for a notional amount of 10 times my account value at market volatility . Perhaps, I could have levered this to 10x more (100x total) with options. I lost 10%, then made 30% in 5 days. It's a secret sauce,suck your thumbs and hold your testicles while you wait trade.( Don't get the body parts reversed!!)

    The next bear market should be interesting. This time they will blame it on the retail market operator. I am not even counting Futures options guys who are fire breathing torch jugglers.
     
    Last edited: Apr 27, 2015