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In my opinion , 1:200 leverage is good for a newbie. Because at these leverage there will be a low risk and average profit that a newbie will be interested to trade in Forex market as well as invest. When a newbie invest in Forex market and have not enough knowledge about leverage , they take high risk . so that leverage is better option to me.

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I think that newbies should be very careful when using leverage on live account. Leverage is good thing to support increased profits, when deals are profitable, but on the negative side, loses will be also higher when lose deals are made. So, smaller leverage, or no leverage at all are best options

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Pixie, nicely said. Indeed, if you really know how to trade, then leverage can be extremely beneficial for you. On the other side, if you have no idea what are you doing , then by using leverage you really can to blow up your account. So, just be careful

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I agree that one for the success factors is to know when and how to use leverage. It might be a bit difficult for beginners to understand these factors in the beginning of their trading, this is why I am always advising them to use smallest possible leverage when they are certain in their strategy

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I also agree that new traders should start will small leverage amount. But, it is quite important for them to use risk and capital management techniques also when trading with leverage funds, in order to minimize potential losses and keep their capital safe

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Developing a strategy in forex trading is very important. If a trader does not develop a strategy, he will not get good results in trading. To bring good results in trading, he has to develop a strategy first. There are many types of strategies in the market and I think technical analysis and fundamental analysis are better.

With these strategies, if you trade by maintaining discipline, you can earn a lot from trading. I am trading with Forex4you. They always help me to make money from this market.
 

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On every business there would be some ups and downs every person may face and it is very natural. But if you think only about profit then you are not a practical person and Forex trading is not right platform for you. From the free seminar class at TP Global FX platform I have learned that how to handle my trading loss by applying the money management in my trading. It is the right broker.
 

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choosing a broker must be able to pay attention to it properly, this is needed and needed so that traders can become better and can maximize their existing skills, profits, and experience because they get maximum trading security and comfort like what I got from Tickmill.

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