Can you choose what leverage to use before each trade?

Discussion in 'Forex' started by nwoptions, Aug 17, 2020.

  1. agree , we the traders should choose the leverage according to our trading understanding and risk management , otherwise it could be worst thing ever.
     
    #81     Dec 17, 2021
  2. shine

    shine

    Although my broker fxopen has the ability to trade with a maximum leverage of 1:500, I chose low leverage and risk-controlled trading. This is the only way to preserve your deposit and minimize losses, which can then be more easily and without unnecessary risks compensated by profitable trades.
     
    #82     Oct 14, 2024