Zero leverage Forex Trading.

Discussion in 'Forex' started by DepthTrade, Jan 4, 2023.

  1. yoriz

    yoriz

    Pity you didn't use the 10:1 leverage Oanda gave you. You would still only have -5% drawdown, but would have made +200% per year (assuming daily compounding as you wrote).

    Why wouldn't you use leverage if this is a great amplifier of your profits?
     
    #81     Mar 13, 2023
  2. Overnight

    Overnight

    A great amplifier of profits can equally be a great amplifier of losses.
     
    #82     Mar 15, 2023
  3. yoriz

    yoriz

    Indeed, so make sure your strategy has an "edge". In this example, OP had only -0.5% drawdown, so that gives room to dial up the volume.
     
    #83     Mar 18, 2023
  4. the beginners should not use leverage at the first stage of trading because its really a risky financial issue ,
     
    #84     Mar 24, 2023
  5. yes it should be , but beginners always try to make sure large amount of profit by using high leverage.
     
    #85     Mar 25, 2023
  6. before using leverage traders should make sure strong money management , otherwise any kind of trading approach can be useless.
     
    #86     Mar 25, 2023
  7. SunTrader

    SunTrader

    How about beginner bots?
     
    #87     Mar 25, 2023
    trismes likes this.
  8. high leverage is not high risk , if there is any risk it is completely with non sense trading plan including zero risk management.
     
    #88     Mar 26, 2023
  9. after having good risk management the result of trading can be useless, because market is so uncertain and no one can predict the market with certainly.
     
    #89     Mar 28, 2023
  10. this is true fact , but this is a long time process to build a good RM. so traders lost interest after passing sometime.
     
    #90     Mar 30, 2023