I think beginners should refrain from using leverage and if they want to use it, keep the leverage very low and imply strict risk management strategy.
I have blown my trading account once while trading with leverage and to be honest I have never been able to use it again.
Beginners can use leverage after they have practised trading leverage on their demo account. Also consider calculating your expected risks and expected profits before placing a trade using leverage. Avoid trading if the risks are too high.
Leverage is a really good way of increasing the trading exposure in the market. It can also backfire if you are not attentive and have implied strict risk management.
which leverage is best it depends on your money management , so develop your money management first of all.
One of the mistakes that new traders make the most frequently is trading with a leverage ratio that is too high. I strongly advise you to trade with a lower ratio until you gain more experience.
any kind of leverage ratio can be better if you have most powerful analyzing risk management , so build a powerful risk management first of all. thanks
Leverage is a double edged sword. Leverage must be handled with care and should be used with a strong risk management strategy.