What Is Your Preferred Leverage?
Posted on March 30, 2009 by Yohay
Filed Under Forex Basics | 3 Comments
What leverage do you use for forex trading? Play safe or use the maximum leverage? Here’s a poll for you.
Leverage is common in forex trading. Traders can leverage tiny pips into huge profits – or huge losses. Following a post in the forex blog, I was wondering how traders split: lean for safe play or for high leverage.
As always, you’re welcome to comment and say what leverage you use and why. Here’s the poll:
[poll id="2"]
I’ll follow on this at the weekend. I’m curious to see what the reuslts are…
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[...] forex trading, and I’ll be glad if you could participate in my survey. Share and [...]
[...] 47% of the responses to my poll prefer a leverage of 1:100, a high leverage. What does say about forex traders? [...]
I am desperately looking ans to a newbie question can someone answer.
My open balance =500
EUR USD 1.4635/40 = 5 pip spread
Trade buy 1 mini lot =10000
Now,
What is the lot size (0.1 or .01)
What is my leverage
What is my transaction cost
What is margin req
How much am I left after the first trade
How much will be the margin call come