Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figures in 3 months, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement
@@MaryPatricia-wr3wj Investment now will be wise but the truth is investing on your own will be high risk. I think it will be best to get a professional👌
A big advantage of having higher leverage with a smaller account is you can have more positions open at one time. If you have 50:1 leverage you're gonna run out of available margin after opening a few trades even if you are risking just 2 percent of your account on each trade. While you're in those trades you're gonna miss out on trades you could have taken if you had more leverage.
@@orchid9614 I use 200:1 so I'd recommend that leverage or higher. As long as you practice risk management having higher leverage will not put you at risk of blowing your account. Some people use high leverage to make high risk/high reward trades but if you stick to 1 or 2 percent risk per trade then having higher leverage will only be beneficial as you won't have to miss out on trades due to lack of margin.
So in a nutshell are you saying that Leverage = Determines your level of margin provided by the broker e.g. 1/500 = 0.2% Margin Leverage = Determines the amount of lots your allowed to use on your account, With that being said i think your leverage is irrelevant if your always risking the right amount, 2-4% etc.. or even 1%
I just want to mention Smt when you get a higher leverage it dosent matter as long as your lot size is low like 0.01 it dosent matter is you have 1:100 or 1:1000 if your are trading at 0.01 lot the difference is that it lets you to increase your lot size How? by decreasing your margin
Exactly...many people describe high leverage as a bad thing but what they are not saying is increasing leverage and at the same time increasing position size is what's bad. If you use some common sense and do some calculations you will find out that higher leverage can really help a good trader gain a descent amount of profit without risking blowing an account, because higher leverage = lower used margin = reduced chance of margin level reaching margin call level = reduced chance of blowing an account.
In my opnion i dnt think a bigger leverage is the problem...the problem is when you try to control a larger volume coz that increases $ per pip which will then blow your account if the trade goes against you just a few pips...what we can take from this is that, LEVERAGE is irrelavent as long as you apply PROPER RISK MANAGEMENT & you are consistent with it...
So, a higher leverage will let you have more open trades, correct? It's just up to you to manage the lot sizes depending on how much of your capital you want to risk per trade. A lower leverage will control your trades because it will prevent you from opening trades. So if you're a conservative trader, better to have lower leverage as a means of controlling your trades, especially if you use an EA, is that right? Somebody please correct me if I'm misunderstanding this.
Very nice video, I am also in this unpopular group of people because despite active 1:500 leverage on my account - thank to ratio of my positions to my deposit on my account my leverage I use is 1:5 to 1:15 and it works really well.... I feel really safe seeing most of the time max drawdown max 2-3%..... Thank to that In can make nice 10-15% a month and that is more than enough for me.
What if the only reason the swings are dramatic is because its offshore brokerage? What if I sign up for a regulated broker that offers 1:unlimited would the swings still be drastic or no considering it’s regulated?
hello, i am tom. I plan to invest $1,000 in forex. I plan to take 10 trades in a day with a risk of 50 pips per trade (or risk is 500 pips per day). What leverage do you advise I will take and what lot size per trade if I take 10 trades a day? Supposing I win about 150-200 pips a day, how much money will I be making and at what leverage?
I know thats a little late but 10 trades r way to many. Less is more. Take quality trades. Max 4 trades a day is the best. I don’t think that you can find 10 quality trades per day
So if you leverage 50:1 on a $10 trade, like you mentioned, you are borrowing $490? If it loses, what do you owe? I cannot find anyone who explains what you owe on any given loss with leverage/lot size. I also do not know for sure what lot size is.
Oh Sorry,Its not much new,its what every one go through being new to the game of trade,Well mine changed up when i got in communication with Alec poe, It took risk by investing and got payouts and i had a prove case on its legitimacy
Trading has always been profitable when working with an expert,Totally agreed on that especially on my case of working and same time learn,OOHH that's will be difficult for me,Its cool i gain profits with a pro
I love the video. Forex is the best thing that came into my life it is not easy it's all about patience for you and to keep learning and staying strict with your trading plan.
Bro you help out the beginners so much. Thanks man, i would of joined the vip team by purchasing it but way too much cost. Anyways thanks for the videos you post
Yup...higher leverage = lower used margin = more opportunities to get in trades as well as lower chance of margin level reaching margin call level = lower chance of blowing up your account. (as long as position size remains constant)
Why I agree that 50:1 Leverage is probably sufficient, I don't believe the authorities have a right to restrict Traders from using bigger leverages if they choose to. Traders should have the flexibility of using bigger lot sizes if they so please. Forex and all the the other markets was a big risk to take from the beginning. Traders have a right to the freedom of trading how they want.
Do you need to have good credit to use the leverage? I know if you wanna trade options they do a credit check and if your credit is bad your not eligible.
Is there a way of calculating the leverage needed in a trade to earn a given profit assuming you know the closing price, opening price and obviously the capital invested on that position? I´m assuming that should be possible to get it from here but not getting the right values: Profit (long position)= (Closing price/(opening price -1) x leverage x investment. Thanks!
Appreciate Video clip! Apologies for butting in, I am interested in your thoughts. Have you heard about - Schallingora Trading Shark Scheme (just google it)? It is a great one off product for revealing an amazing options trading technique to succeed fast minus the headache. Ive heard some awesome things about it and my buddy finally got excellent results with it.
I have a problem I set my leverage as 1:20 and lot size is 0.02 I have 3000$ but it doesn't want to trade. It keeps saying Common Error. What might be the problem?
My question is, what's the actual benefit or downside of leverage in terms of profit amount and loss amount. I opened a trade at 30:1 leverage and I put £10 and I closed the trade with a profit of +10.5% which is £1.5, but here is what I don't get, when I opened that closed trade, it said, I put £10 and total investment was £300, now, how come my profit gain that I receive is calculated only according to my initial investment? And what happens then if I lose, does my loss profit get calculated according to my initial investment? If that's the case, then, what's the role of leverage in relation to profit and loss percentage? I hope my question is clear, I just don't understand
Leverage is an illusion so u can trade with bigger lot sizes I use 1:100 and i opened a position I gained 8$ but when i checked my broker account i found only 0.08$ and not 8$
Brokers have a system that automatically closes all your losing trades starting from the least profitable once your margin level goes below a certain level eg. 90%. This is called a stop out and happens after you have received a margin call (warning that your account is about to blow) eg. at 100%. This system was created to ensure that your losses don't exceed the money you deposited since the brokers don't want to go to the extent of banging on your door and threatening you to pay up their money. However, sometimes price moves so fast that by the time the system closes your trades your equity is already below zero. It could be negative a few dollars or hundreds or thousands depending on how large your position sizes were and how much price moved. That's when you're supposed to pack your bags and look for another broker because if you deposit more money in that account it will be used to repay the debt.
@@mattmathew6706 wow so well articulated i honestly learnt more from that paragraph than I have from all the videos ive watched on leverage and never understood it. Do brokers involve the bank if the price moves too fast and you owe them money? like do you have to pay it or can u just dip?
As far as I know mt4 doesn't allow you to change leverage, you are supposed to go to the broker's app to change leverage...if the broker doesn't have an app I guess you go to their website and log in to your account to change leverage...if there is no option like that either then you just have to call them and tell them to change the leverage on your account.
If you want to grow the account quick then the higher the leverage the better but in order to do this successfully you have first of all be a good and extremely profitable trader in terms of pips and be able to calculate the lowest margin level you can reach without going too near to margin call level (otherwise you'll blow your account) by factoring position size and leverage. If you can do this then starting out with a small account and turning it to large account is possible.
Question: i wanna trade oil but since my account is only 1k( my staring capacil) and the exchange (vantagefx 100:1) only allows lowest lot as 0.1 so any price fluctuations can empty my account, is there any way to trade lower sizes or I should wait until my account grows to 10k before touching oil?
Take away: Leverage is just a marketing gimmick, it can lure you to the thought of the higher the leverage, the higher the profit. The important things you have to do is: 1. Define your willing to lose per trade (1%-2% commonly) 2. Know how to compute: position size = amount of willing to lose per trade / Stop loss percentage
Let's say you have a 100 dollar account and you lose it on big positions you took, would you ever have to pay a broker money after losing that account?
Thanks very much Nick for your explanation:) If I'm using an account with $300 balance, and I use an EA with a strategy of Take Profit: 2 pips. Stop Loss: 88 pips. Let's say if the EA opened a buy trade of EUR/USD with lot size 0.03, and it ended as a lost trade with 88 pips lost. Then the EA open a reversal trade of 7 times bigger than the previous lot size (which means 0.03 x 7 = 0.21 lot) to recover from the lost trade. My question are as follow: 1. Would the much bigger leverage of 1000:1 account helps me better in terms of safer to survive (it wouldn't hit my margin call easily when compare to an account of leverage size of 1:200) when the lost trade happen, and would it helps to prevent the reversal trades from failing to execute because of any possibility of not having enough liquidity to open the reversal trade of such a big lot size (i.e. 0.21 lot)? 2. If I have plenty of leverage, that's mean I would have plenty of liquidity that is safer for me in terms of having trades opening without easily hitting my margin call. Is that correct?
Not very well explained , you didn’t say nothing about the exchange closing your operation when it goes down 50% of your margin , what means as much more average you use lower will be your stop .
No. Highly highly unlikely to do that consistently. 5% per month is hard to achieve long term. Don't buy the hype out there! Trading is slow and steady
@@TraderNick is 2 percent of 50: 1 leverage achievable per month .. meaning 100 dollar account leveraged to 5000 usd and 2 percent of 5000 achievable ? Pls reply I am just learning.
That’s how the real world works! Small accounts take a long time to grow, and bigger accounts have the advantage of bigger gains on smaller percentage gains
Does this sound right ? If u have a account of 100:1 leverage, for each 1000$ money that u have deposited u use 0.01 lot to trade I'm new to forex, since mid feb
well. Nick explains well but i'd like to simply say that if you have $200, go on a leverage with 0.50 or below than this before you make $1000. so $1000 go with 1.00 . simple and easy.
Been watching, listening, and paying attention to all of predictions and forecasts since early Covid. He hasn't disappointed yet 👌
Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figures in 3 months, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement
@@MaryPatricia-wr3wj credits to KRISTIN GAIL CUNNINGHAM, one of the best portfolio managers out there. she's well known, you should look her up
@@user-zw7cd7pe4u Despite the economic crisis and the rate of unemployment now is the best time to invest
@@MaryPatricia-wr3wj Investment now will be wise but the truth is investing on your own will be high risk. I think it will be best to get a professional👌
@@user-zw7cd7pe4u Thank you, I just checked her out and I have sent her an email. I hope she gets back to me soon.
A big advantage of having higher leverage with a smaller account is you can have more positions open at one time. If you have 50:1 leverage you're gonna run out of available margin after opening a few trades even if you are risking just 2 percent of your account on each trade. While you're in those trades you're gonna miss out on trades you could have taken if you had more leverage.
What do you recommend, for a biginner that has some understanding
?
@@orchid9614 I use 200:1 so I'd recommend that leverage or higher. As long as you practice risk management having higher leverage will not put you at risk of blowing your account. Some people use high leverage to make high risk/high reward trades but if you stick to 1 or 2 percent risk per trade then having higher leverage will only be beneficial as you won't have to miss out on trades due to lack of margin.
@@ns3938 Thank you for the knowledge!
@@orchid9614 No problem👍
@@ns3938 what if you have a leverage of 500:1 and you start off with capital of $100?
So in a nutshell are you saying that
Leverage = Determines your level of margin provided by the broker e.g. 1/500 = 0.2% Margin
Leverage = Determines the amount of lots your allowed to use on your account,
With that being said i think your leverage is irrelevant if your always risking the right amount, 2-4% etc.. or even 1%
the only helpful comment i wanted to add this but was too lazy to finish it
🐐🐐
very true
You've spoken the truth...risk management is key
Thank you 🤝
I just want to mention Smt when you get a higher leverage it dosent matter as long as your lot size is low like 0.01 it dosent matter is you have 1:100 or 1:1000 if your are trading at 0.01 lot the difference is that it lets you to increase your lot size How? by decreasing your margin
Thanx Ahmadi.... Very clear explanation 👌
Exactly...many people describe high leverage as a bad thing but what they are not saying is increasing leverage and at the same time increasing position size is what's bad. If you use some common sense and do some calculations you will find out that higher leverage can really help a good trader gain a descent amount of profit without risking blowing an account, because higher leverage = lower used margin = reduced chance of margin level reaching margin call level = reduced chance of blowing an account.
This is what I'm looking for. Thank you
@@TrisnoadiWikantoro yeah man me too ,no one says that
its been months trying to understn leverage. this is the most simpler way to understand. thnx.
I am not getting till lmao
In my opnion i dnt think a bigger leverage is the problem...the problem is when you try to control a larger volume coz that increases $ per pip which will then blow your account if the trade goes against you just a few pips...what we can take from this is that, LEVERAGE is irrelavent as long as you apply PROPER RISK MANAGEMENT & you are consistent with it...
So, a higher leverage will let you have more open trades, correct? It's just up to you to manage the lot sizes depending on how much of your capital you want to risk per trade. A lower leverage will control your trades because it will prevent you from opening trades. So if you're a conservative trader, better to have lower leverage as a means of controlling your trades, especially if you use an EA, is that right? Somebody please correct me if I'm misunderstanding this.
Excellent 👌
Very nice video, I am also in this unpopular group of people because despite active 1:500 leverage on my account - thank to ratio of my positions to my deposit on my account my leverage I use is 1:5 to 1:15 and it works really well.... I feel really safe seeing most of the time max drawdown max 2-3%..... Thank to that In can make nice 10-15% a month and that is more than enough for me.
What if the only reason the swings are dramatic is because its offshore brokerage? What if I sign up for a regulated broker that offers 1:unlimited would the swings still be drastic or no considering it’s regulated?
hello, i am tom. I plan to invest $1,000 in forex. I plan to take 10 trades in a day with a risk of 50 pips per trade (or risk is 500 pips per day). What leverage do you advise I will take and what lot size per trade if I take 10 trades a day? Supposing I win about 150-200 pips a day, how much money will I be making and at what leverage?
I know thats a little late but 10 trades r way to many. Less is more. Take quality trades. Max 4 trades a day is the best. I don’t think that you can find 10 quality trades per day
So if you leverage 50:1 on a $10 trade, like you mentioned, you are borrowing $490? If it loses, what do you owe? I cannot find anyone who explains what you owe on any given loss with leverage/lot size. I also do not know for sure what lot size is.
500x leverage is fine. You just put 1/10th of the capital u would put in if you were using 50x leverage
Ever would i have gotten an idea how the trade market could raise huge profits...Appreciate
Yes Man,I tried much on this but keep getting loss,Can i get lectured on it
Oh Sorry,Its not much new,its what every one go through being new to the game of trade,Well mine changed up when i got in communication with Alec poe, It took risk by investing and got payouts and i had a prove case on its legitimacy
Trading has always been profitable when working with an expert,Totally agreed on that especially on my case of working and same time learn,OOHH that's will be difficult for me,Its cool i gain profits with a pro
How do i get in communication with Alec please?
Yeah its no secret after all i got to him through my colleague at workplace.
Trader Nick Thank U For u sharing
From Somalia 🇸🇴🇸🇴🇸🇴
I love the video. Forex is the best thing that came into my life it is not easy it's all about patience for you and to keep learning and staying strict with your trading plan.
Can u use a standard lot size with a 50:1 leverage? For example: 1.00, 2.00, 10.00 etc
I don't get it. I mean, if you use spread betting account without leverage and risk always the 1 per cent of your trade, why you need leverage?
Watch 10 videos to understand what is leverage, Nick you are a top man and made me understand in 5min,thanks you 👍
Bro you help out the beginners so much. Thanks man, i would of joined the vip team by purchasing it but way too much cost. Anyways thanks for the videos you post
Come Covid 19 or wat... I dont see myself regretting the time I use to watch an learn from you Nick....
Hello what's the best way to get started with trade cos I've been making my personal research for a while now
Sir but, I thought the higher your leverage the lower you margin and vise versa?? More explanations please. Thank you
Yup...higher leverage = lower used margin = more opportunities to get in trades as well as lower chance of margin level reaching margin call level = lower chance of blowing up your account. (as long as position size remains constant)
Why I agree that 50:1 Leverage is probably sufficient, I don't believe the authorities have a right to restrict Traders from using bigger leverages if they choose to. Traders should have the flexibility of using bigger lot sizes if they so please. Forex and all the the other markets was a big risk to take from the beginning. Traders have a right to the freedom of trading how they want.
I'm ok with 1:30 leverage if I risk 0.5% on a 100.000 usd account per trade? will they cut my profits if I'm 30:1 RR or something?
Do you need to have good credit to use the leverage? I know if you wanna trade options they do a credit check and if your credit is bad your not eligible.
Is there a way of calculating the leverage needed in a trade to earn a given profit assuming you know the closing price, opening price and obviously the capital invested on that position? I´m assuming that should be possible to get it from here but not getting the right values: Profit (long position)= (Closing price/(opening price -1) x leverage x investment. Thanks!
Investing in crypto is the only big chance
to make money.
Crypto is the future 💯.
I wanted to trade crypto but got confused by the fluctuations in price.
That won’t bother you if you trade with a professional like mrs Brenda Gomez.
lol yes crypto is great but
not the only chance
I heard that her strategies are really good.
Where do I apply the leverage setting? In the broker or mt4 app?
This was a great video thank you. Do you have one for selecting a broker?
Finally a decent video on leverage and also a genuine trader.
Appreciate Video clip! Apologies for butting in, I am interested in your thoughts. Have you heard about - Schallingora Trading Shark Scheme (just google it)? It is a great one off product for revealing an amazing options trading technique to succeed fast minus the headache. Ive heard some awesome things about it and my buddy finally got excellent results with it.
Thanks for the info! Just what I was looking for!
I have a problem I set my leverage as 1:20 and lot size is 0.02 I have 3000$ but it doesn't want to trade. It keeps saying Common Error. What might be the problem?
Have you tried trading the $3,000 with a broker that seems legit to you.. If not give it a chance u might expect something huge.. Who knows ?
1:21 I’m confused. How did you draw over the the ms paint tool bar?
He's using screen marker software. You can draw anywhere on screen using that.
I never thought you're a gamer too. steam popping out at the end of the video :D
All the best traders are gamers
@@Yasi_nzi who said so
@@fundamentalbeats6069 plenty of articles in yahoo finance. They make perfect traders
My question is, what's the actual benefit or downside of leverage in terms of profit amount and loss amount.
I opened a trade at 30:1 leverage and I put £10 and I closed the trade with a profit of +10.5% which is £1.5, but here is what I don't get, when I opened that closed trade, it said, I put £10 and total investment was £300, now, how come my profit gain that I receive is calculated only according to my initial investment? And what happens then if I lose, does my loss profit get calculated according to my initial investment? If that's the case, then, what's the role of leverage in relation to profit and loss percentage?
I hope my question is clear, I just don't understand
Leverage is an illusion so u can trade with bigger lot sizes
I use 1:100 and i opened a position
I gained 8$ but when i checked my broker account i found only 0.08$ and not 8$
What should be the leverage for 10usd
You can check that on WikiFx information section
Can you suggest a good broker with low spread (for crypto currency)?
KEEP THE VIDS SO HELPFUL TO NEW TRADERS!!! Thank you !
Finally get it! Thank you Nick
Good simple explanation of a complicated topic. Thanks!
Can you change leverage on an account after its established ?
Yes you can
Thanks, Nick for share this kind the information...very realistic, professional and useful.
I was of contrary views but after watching this video I got to learn about this leverage thing and now hoping that it will be good in future
if my account is 100$ lowest is 1:100 should be good to go?
Wow!!! This is just what I was looking for ...you done a great job...understood the concept in only 8min
Can your account go negative, and you end up owing the broker thousands of dollars???
Brokers have a system that automatically closes all your losing trades starting from the least profitable once your margin level goes below a certain level eg. 90%. This is called a stop out and happens after you have received a margin call (warning that your account is about to blow) eg. at 100%. This system was created to ensure that your losses don't exceed the money you deposited since the brokers don't want to go to the extent of banging on your door and threatening you to pay up their money. However, sometimes price moves so fast that by the time the system closes your trades your equity is already below zero. It could be negative a few dollars or hundreds or thousands depending on how large your position sizes were and how much price moved. That's when you're supposed to pack your bags and look for another broker because if you deposit more money in that account it will be used to repay the debt.
@@mattmathew6706 wow so well articulated i honestly learnt more from that paragraph than I have from all the videos ive watched on leverage and never understood it. Do brokers involve the bank if the price moves too fast and you owe them money? like do you have to pay it or can u just dip?
@@mattmathew6706 haha well explained 😂😂😂 I have packed my bags a couple of times.
@@saskiafinnan4216 No bank is involved. They wait for you to deposit then whoops it's deducted to pay the debt.
Good simple explanation of leverage
7:51 until the new world order gets set and we all use one world currency
no one know whether It will happen, might not happen ever
So how do you actually i guess "activate" or use this leverage on the metatrader software or the broker account?
idk
As far as I know mt4 doesn't allow you to change leverage, you are supposed to go to the broker's app to change leverage...if the broker doesn't have an app I guess you go to their website and log in to your account to change leverage...if there is no option like that either then you just have to call them and tell them to change the leverage on your account.
Awesome explanation. Thanks Nick👍
You the best teacher the others are too complex because they don't understand
Do brokers really lend you money that much to leverage your trade?
Hey Nick if I start with £20 should I use high leverage. I am a able to get £20 fairy easily
If you want to grow the account quick then the higher the leverage the better but in order to do this successfully you have first of all be a good and extremely profitable trader in terms of pips and be able to calculate the lowest margin level you can reach without going too near to margin call level (otherwise you'll blow your account) by factoring position size and leverage. If you can do this then starting out with a small account and turning it to large account is possible.
Question: i wanna trade oil but since my account is only 1k( my staring capacil) and the exchange (vantagefx 100:1) only allows lowest lot as 0.1 so any price fluctuations can empty my account, is there any way to trade lower sizes or I should wait until my account grows to 10k before touching oil?
change broker.
If you are in Canada use cmc market can trade oil with at least $200
Use a micro account
Very helpful, thank you! 👍🏽
How much capital I need to start with 25:1 leverage?
You can check each minimum deposit for each broker on wikifx information section, it has been well analyzed by wikifx
very clear explanation. thanks
This really help ya boy out
Take away: Leverage is just a marketing gimmick, it can lure you to the thought of the higher the leverage, the higher the profit. The important things you have to do is:
1. Define your willing to lose per trade (1%-2% commonly)
2. Know how to compute: position size = amount of willing to lose per trade / Stop loss percentage
Thank you Nick ✅
You are a ** really true hero. Thank you
Timmy is playing counterstrike🤣🤣🤣
This is really just what I needed to see and hear!! THNX
Are you also new to trading?
Let's say you have a 100 dollar account and you lose it on big positions you took, would you ever have to pay a broker money after losing that account?
Normally broker will close your trades prior to that. But over the weekend or extreme news you might own the broker money
@@reiniervenhuizen1407 with a leverage of 1:100 or 1:50
You don't lose more than u put if your broker offer negative balance protection
Guys what u think of leverage of 1:3 ??? 🤔
Thanks very much Nick for your explanation:)
If I'm using an account with $300 balance, and I use an EA with a strategy of Take Profit: 2 pips. Stop Loss: 88 pips. Let's say if the EA opened a buy trade of EUR/USD with lot size 0.03, and it ended as a lost trade with 88 pips lost. Then the EA open a reversal trade of 7 times bigger than the previous lot size (which means 0.03 x 7 = 0.21 lot) to recover from the lost trade.
My question are as follow:
1. Would the much bigger leverage of 1000:1 account helps me better in terms of safer to survive (it wouldn't hit my margin call easily when compare to an account of leverage size of 1:200) when the lost trade happen, and would it helps to prevent the reversal trades from failing to execute because of any possibility of not having enough liquidity to open the reversal trade of such a big lot size (i.e. 0.21 lot)?
2. If I have plenty of leverage, that's mean I would have plenty of liquidity that is safer for me in terms of having trades opening without easily hitting my margin call. Is that correct?
This is a stupid strategy.
@@SP1-media Yup it is in fact dangerous and risky. Not worth it.
Great Content!
Thankyou bro 👍
Not very well explained , you didn’t say nothing about the exchange closing your operation when it goes down 50% of your margin , what means as much more average you use lower will be your stop .
I use 500:1 with EagleFX
Can I earn daily 5% securely with 50:1 leaverag ? In eur/usd and gbp/usd
No. Highly highly unlikely to do that consistently. 5% per month is hard to achieve long term. Don't buy the hype out there! Trading is slow and steady
@@TraderNick is 2 percent of 50: 1 leverage achievable per month .. meaning 100 dollar account leveraged to 5000 usd and 2 percent of 5000 achievable ? Pls reply I am just learning.
Not sure leverage was really explained here - still don't know what it is ... damn.
thanks bro alot
Leverage is probably irrelevant if you have risk management, just sayin
Leverage is just a marketing gimmick
Good video
I tap to your grace❤
You can't make money if you 1:50 would take forever unless you already had alot of money
That’s how the real world works! Small accounts take a long time to grow, and bigger accounts have the advantage of bigger gains on smaller percentage gains
In it to win it✊😉🇿🇦
well I guess that nick is now going to play CSGO after this video cause his friend just joined the game!!!
How to use 50:1 in broker
0.5 lot
even 20:1 without the right stop loss you will loss big amount of money
even with the right if you make a mistake you are fucked
First watching ali
Does this sound right ? If u have a account of 100:1 leverage, for each 1000$ money that u have deposited u use 0.01 lot to trade
I'm new to forex, since mid feb
No I would use .40 or .30 for each 1000 on 100:1 leverage
Have you tried CedarFX as a broker? They are really good, I recommend them.
well. Nick explains well but i'd like to simply say that if you have $200, go on a leverage with 0.50 or below than this before you make $1000. so $1000 go with 1.00 . simple and easy.
.50 as the lot size right ?
Bruh 10 percent of 1000 is 💯
The reason people risk money on the first place is to make more money!
I like 100. 200 is a lot for me. 😂
I just put 1:1 always, I'm not crazy to gamble using credit.
only a fool do that.
Come on! You only need a rock bottom to get the lambo moon 600:1!! ... 😂👍 ... no, but serously i go 5:1
What's the maximum lot size u can go with the 6000$..just asking for my friend lol
With 5:1
@@samrjay2386 just kick 10bucks in a rock bottom
🤔🤔🤔🤔🤔🤕🤕🤕
✅
You've taught nothing tbh