I might have missed it, but what leverage should I be using? Is it the same for everyone and each strategy? I’d prefer the most conservative if there is a choice.
21 Day Program
21 Day Program: General questions
by Stoyan Stoyanov
- 169 replies
- 0 voices
- active 1 year ago
- Gillian Huyton
- Stoyan Stoyanov
Hello Gillian,
The leverage depends on your broker and the account type youy decide to open. When opening a demo account, you will see the available options and can choose yourself depending on your preferences. The higher the leverage is, the larger trades can be opened; however, also, the higher the risk is. Also, it is matters the capital which you plan to invest. Low capital + low leverage means limited trading opportunities. You can test the combinations on demo account first and see what will work best for you.
Good luck!
- Stoyan Stoyanov
Hello Gillian,
The leverage depends on your broker and the account type youy decide to open. When opening a demo account, you will see the available options and can choose yourself depending on your preferences. The higher the leverage is, the larger trades can be opened; however, also, the higher the risk is. Also, it is matters the capital which you plan to invest. Low capital + low leverage means limited trading opportunities. You can test the combinations on demo account first and see what will work best for you.
Good luck!
- ardi
Hi, I want to write an email to ea trading academy to ask couple of questions but the anti spam system doesn’t let me see the email address..
could you give me your email please?
- Stoyan Stoyanov
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