Is 500 % margin level safe?

[FOREX.com]

Thanks for providing additional details about your approach @ataw

hi im relying my strategy on the rule that never risk money that you cant afford to lose thats why i deposit what only i can afford to lose and since the account is very small i cant afford to use 3% of it or assign stop loss maybe i can put stop loss later if i made profits on the account but i didnt understand why you consider this gambling .

We agree with you that people should only trade with risk capital: What currency pairs to trade in Forex for beginner traders?

But as you and @Falstaff both learned firsthand, extremely high leverage comes with extremely high risk.

I tried your system once with real money and had to capitulate at -£1700 - I have never done it again.

what i do understand this system must be judged according if taking profits or not well now i m in 450 dollar loss in 3 months time i dont know how much more time im able to continue

Perhaps, it’s time to consider a different approach.

i dont mind losing 150 usd per month when it gives the feeling that i might be creating something it varies from one person to another

It sounds like you have $150 of risk capital per month. Consider saving this risk capital, and while it accumulates for six months to a year, you can practice a strategy on a demo account that lets you trade with $1000 to $2000. With that amount of risk capital, you can trade with less leverage, and risk a smaller percentage of your account per trade.