I have seen many times by and large traders in particularly the newcomer’s fall a great loss by taking high leverage due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. my trading career, for avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:500 that always ensures my trading broker LQDFX. But in my demo trading I took high leverage to see the performance how it works.
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