leverage

[Fxemil]

Hi everyone I'm a newbie in Forex I wanted to know which leverage should I use for the start???
thanx

[daydreamer65]

Originally Posted by Fxemil

Hi everyone I'm a newbie in Forex I wanted to know which leverage should I use for the start???
thanx

Start here but read all the school.

Money Management | 13th Grade: Money Management | Learn Forex Trading

Also this thread.

Maximum leverage and true leverage

[rhodytrader]

Read this: How much leverage to use? Wrong question!

[gasanvill]

Originally Posted by fxfxforex

since you are a newbie in forex i advise you to practice well before you start trading in a real account and it is better for you to start with a leverage not too high so that you dont risk more money,leverage is a double edged weapon as much as you will gain money you will lose,thats why i advise you not to start with a high leverage...many brokers offer good leverage such as sigmaforex which offers leverage from 1:1 to 1:500

You can use high leverage and still risk only 3% of your account. It´s not about leverage, it´s about how many lots you trade in order to follow a good money management...

[mastergunner99]

It's all about overall money management. I personally have leverage of 100:1. It works for me as my overall risk is only 2% of my bankroll. If you're using leverage to capture a larger portion of the market without heed to what the full risk is, that's when it gets dangerous.

Leverage can be your best friend, or your bitter ex wife who's now screwing your best friend, neighbor, and the mailman. Not that I would know anything about that.