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Using high leverages can be risky

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Trading with leverage adds certain risks, however, leverage also adds potential profits. It is very important to bear in mind the idea that big potential profits imply big risks. Some brokers offer negative balance protection which reduces the risks, but they still exist, never forget about it.

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No doubts that using leverages can be risky. It really is, nevertheless leverages open quite good opportunities for earning money. There are some traders who advice using leverages, but they don't understand that it can be quite difficult to sort out with leverages in case you're a total novice in trading activity. Otherwise, there are some traders who claim that nobody should use leverages because some brokers offer pretty high leverages which can possibly blow the accounts of rookies just in couple of minutes. So, I think that beginners should learn everything properly before starting trading with leverages. 

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22 hours ago, Intcatekin said:

No doubts that using leverages can be risky. It really is, nevertheless leverages open quite good opportunities for earning money. There are some traders who advice using leverages, but they don't understand that it can be quite difficult to sort out with leverages in case you're a total novice in trading activity. Otherwise, there are some traders who claim that nobody should use leverages because some brokers offer pretty high leverages which can possibly blow the accounts of rookies just in couple of minutes. So, I think that beginners should learn everything properly before starting trading with leverages. 

We have to first of all understand this fact that if we will make use of a Trading Plan then our income from such trading will continue to Increase.

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