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Which leverage would be best for a newbie trader?
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[QUOTE="Razor1911, post: 115519, member: 40130"] The forex market is full of surprises. The risk factor and uncertainty is very high here. You never know, in a fraction of second the market may take any turn. In such highly volatile market, a newbie trader should have courage to trade and sustain. It is not easy for any newbie trader to gain consistent profit from here. There are many things the traders should learn at first, and one of such things is leverage. What leverage should a newbie choose? I think, it depens upon the inital investment of the trader. If the amount is less than 100$ then the trader can go with 1:500 or higher leverage, but if deposit is around $500, then leverage should be lower around 1:200. [/QUOTE]
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Which leverage would be best for a newbie trader?
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