What is the best way to use leverage to trade on AvaTrade?
Asked 5 years ago
I'm new to the concept of trading with leverage. Do I stipulate what leverage I'm trading with, and how should I go about doing this for the best possible results?
Osasere Okunloye
Thursday, July 15, 2021
There is a risk to everything. Using too high leverage can either bring incredible profits or ruin the trade. If you are new to trading and still trying new techniques and perfecting your strategy, I will advise you to use small leverage, maybe 1:10. If you are already good at trading, you can use 1:100. Or 1:200.
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