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How to Choose Leverage for Novice Traders?

That's true, if you take your time and learn you can actually earn a considerable amount of money online, but if you don't have experience you lose a lot of things.
That's true, before you can succeed you need to have the good knowledge of what's exactly is happening I believe that's the only best way to become successful.
That's true, if you take your time and learn you can actually earn a considerable amount of money online, but if you don't have experience you lose a lot of things.
That's true,if you're have good experience on what you are doing you can actually earn money online using it, your level of seriousness all matters it matters a lot.
 
That's true, before you can succeed you need to have the good knowledge of what's exactly is happening I believe that's the only best way to become successful.

That's true,if you're have good experience on what you are doing you can actually earn money online using it, your level of seriousness all matters it matters a lot.
If you don't have a good experience there's no way you can succeed, experience do help us with a lot of things especially in terms of gaining success.
 
As a new trader, you should consider limiting your leverage to a maximum of 10:1. Trading with too high a leverage ratio is one of the most common errors made by new forex traders. Until you become more experienced, we strongly recommend that you trade with a lower ratio.
As someone who is new into forex trading or as a newbie in forex it is expected of you to use small leverage and lot size, but this days I see newbies with there intention of making huge money using big lot size which is obvious.
 
If you don't have a good experience there's no way you can succeed, experience do help us with a lot of things especially in terms of gaining success.
You have said it all, experience really matters on everything we do, if you don't have good experience on what you are doing that means you are wasting your time.
 
While learning forex trading, we were advised to invest an initial $10, which is a first step, you invest this amount in case you loose the investment it would not hurt much.

For leverage you are advised to use 1:100, this is because even if the profit will be small losses are also minimal, moreover it is still in the learning process.
it is always important and necessary you start with little amount of money whenever you want to go into forex trading. This is because if you lose it you will not feel the pain so much and you will learn from it.
 
I don't know before that broker used to provide loan to trader. Its a good idea but too risky. I can't lend someone mom to use it for trading forex. In my opinion, forex is risky beyond lending someone money to do it.
 
Leverage is loan funds from a broker for traders to make trades. Usually brokers provide leverage from 1: 100, 1: 200, 1: 1000, up to 1: infinity. The leverage we choose will be related to the amount of margin the broker will lock when opening the trade. So what do you think?
It is important to ideally restrict the leverage ratio of your trades to 10:1 if you are a novice in trading. A typical error that beginners in forex trading like to make is to set the ratio too high, thus leading to losses.
 
To be specific I think that too much high leverage is not good so I think that when chosing a leverage you need to consider something like 100:1 its the only leverage that I can recommend for the newbie even when I was trading with liteforex I use to get advice from my broker that this leverage is the best
 
Some brokers have made it possible that if your capital is quite lower you won't be able to pass or exceed a certain trading lot size . This is really to help people who might not understand the danger of using high lotsize with low capital.
 
Over leveraging is not a good idea, if you are a trader I know you'll understand what I mean, you don't need to have big leverage before you can earn money on trading.
 
Over leveraging is not a good idea, if you are a trader I know you'll understand what I mean, you don't need to have big leverage before you can earn money on trading.
I don't know what leverage is, but I like the way you explain things, I'll much appreciate it if you give me a concise explaination on what is it,I believe it has with trading.
 
I don't know what leverage is, but I like the way you explain things, I'll much appreciate it if you give me a concise explaination on what is it,I believe it has with trading.
It seems like you'll like to know much about forex trading, we have a lot of helpful contents that are going to help your trading life, forex trading is good especially if you have the right knowledge.
 
It seems like you'll like to know much about forex trading, we have a lot of helpful contents that are going to help your trading life, forex trading is good especially if you have the right knowledge.
I will like to connect with you sir, I seriously like to learn forex trading, I only know little about forex trading I believe you no more, I'll much appreciate it if you guide me on how to go about it.
 
I will like to connect with you sir, I seriously like to learn forex trading, I only know little about forex trading I believe you no more, I'll much appreciate it if you guide me on how to go about it.
If you want to learn forex trading there are a lot of process that you need to follow, I believe you already have some knowledge on forex trading all you need is just more, am I right?
 
If you want to learn forex trading there are a lot of process that you need to follow, I believe you already have some knowledge on forex trading all you need is just more, am I right?
That's true, you need to go through a lot before You can get it right, you need to be strong if not you you'll ended up quitting, a lot of people have quit and they gain nothing out of that.
 
That's true, you need to go through a lot before You can get it right, you need to be strong if not you you'll ended up quitting, a lot of people have quit and they gain nothing out of that.
quitters in trading don't earn a dime, if you are good at doing that you are not going to gain anything out of quitting, I'll advise you to keep moving forward no matter how hard it might sounds.
 
quitters in trading don't earn a dime, if you are good at doing that you are not going to gain anything out of quitting, I'll advise you to keep moving forward no matter how hard it might sounds.
That's true, if you are good at quitting I don't think you can earn money with trading, you need to know what you are doing before you can earn, a lot of them don't know what they are doing.
quitters in trading don't earn a dime, if you are good at doing that you are not going to gain anything out of quitting, I'll advise you to keep moving forward no matter how hard it might sounds.
That's true, if you are good at quitting I don't think you can earn money with trading, you need to know what you are doing before you can earn, a lot of them don't know what they are doing.
 
Leverage is a double edge sword , it can make you huge profits and in the same vein you could blow up your entire capital .
It is always advisable not to overleverage your account
 
That's true, if you are good at quitting I don't think you can earn money with trading, you need to know what you are doing before you can earn, a lot of them don't know what they are doing.

That's true, if you are good at quitting I don't think you can earn money with trading, you need to know what you are doing before you can earn, a lot of them don't know what they are doing.
You have said it all, if you are good at doing that I don't think you can earn the good amount of money you want, quitter's don't gain anything out of it.
 
You have said it all, if you are good at doing that I don't think you can earn the good amount of money you want, quitter's don't gain anything out of it.
If you are a good quitter you are not going to earn money with forex trading because it takes a lot of time before you can start profiting from the forex market.
 

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