High Leverage trading with Metatrader (400:1, 500:1)

Discussion in 'Forex' started by shrieksmokey98, Nov 11, 2020.

  1. Nobert

    Nobert

    I am using the same platform.

    The difference is, that the first thing that i told my broker (it was bit confusing at first), -
    that : i don't wan't any leverage, no CFD's and it should be impossible to go short for me.

    Now making 30% swings in 1 - 3 months & sleeping like a baby.

    The leverage will not help you to move faster, but the right strategy will.
     
    Last edited: Nov 11, 2020
    #11     Nov 11, 2020
  2. BKR88

    BKR88

    Max leverage for forex in the U.S. is 50:1
     
    #12     Nov 11, 2020
  3. Ditto. Leverage should be considered as "vs. your entire trading capital", not just against one small account or trade. (I've traded a long time and have only occasionally been levered even 2:1. I was inspired to mostly avoid leverage by something I saw on a bumper sticker once.... "Shit Happens"!)
     
    #13     Nov 11, 2020
    birdman and Nobert like this.
  4. 400:1 and 500:1? it is suicide
     
    #14     Nov 11, 2020
    Nobert likes this.
  5. toby400

    toby400

    I am coming to the conclusion that many threads on this site are started by the mischievous or not so bright, who then leave and watch from the sidelines, those who swim into view with an opinion.
     
    #15     Nov 11, 2020
  6. Nobert

    Nobert

    Could you eleborate on this part ?
    (i don't get it)
     
    #16     Nov 11, 2020
  7. El Trado

    El Trado

    30x in EU for retail-investors
     
    #17     Nov 11, 2020
  8. I doubt the notion of "mischievous"... you know, posting blarney just to goof on other people. But as to "inexperienced, hopeful, dumbass" posts about many topics... plenty of that.
     
    #18     Nov 11, 2020
    toby400 likes this.
  9. You should just donate your money to a charitable foundation instead of a bucket shop broker. Good luck man.

    Or better yet burn it instead of firewood. It'll keep you warm and you'll see it go up in flames anyway. Same thing you know. Minus the high or rush you'll get from high leverage. I know a good therapist.
     
    #19     Nov 11, 2020
  10. Have been hearing a lot about ActTrading platform. Has anyone used it ? Need some reviews.
     
    #20     Nov 12, 2020