Leverage fixed or customizable?

[dudebro]

Are you talking multiple trades under the same trading account?

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Leverage and position sizing

First of all, your broker has a fixed leverage amount for your account. So, you can’t do anything about leverage from that end, but YOU control your leverage used by your lot size. With that being said, forget about leverage, and figure what percent of your account you are willing to risk, and go at it from that angle. The rule of thumb is usually 2% or so. Next you figure how big your stop will be according to your trade entry, and know your pip value based on that number. For instance, i…

Your lot size or amount of lots traded will need to change. You not directly changing a leverage setting, but with positioning sizing, leverage can change.