I see radex, caution is what we need then. While leverage can be good in raising you funds, but we should never forget the down side.
Yes right, as trader can using high leverage but also need pay attention with the risk that involved, if can't control emotion and often greedy hence will better trading with low leverage
I look at the situation, if I am sure that I defined sr levels and price actions correctly, I use larger leverage (up to 1:100 or 1:200)
I think each trader having own choice to using leverage, in my opinion these leverage still on moderate leverage not too low and not too high, now I am use 1:50 leverage
i used to trade with large leverages when I just started working on Forex and had no money, but later I came up to the idea that it's not the best way to trade
Outrageous I must say, whenever something goes wrong, bang you lose big. So be modest with your leverage that's the advice.
It is good you realized earlier, as things can quickly go wrong and you would be left wondering, probably accusing people.
Funny fact that people win more sometimes But I consider such wins as gambling. They should have a big luck...