200:1 or higher.
Why?
Your margin requirement will be lower, allowing you to open several trading positions without looking back at the column with available margin and worrying about going out of funds and getting a margin call.
$200 is a mini investment, so there is virtually nothing to protect. Compare it to $200 000 investment: traders take lower leverage of 20:1 to protect their investment in case something goes terribly wrong. Large investors also have enough equity to open several trades and add more traders later. In your case, if you take 20:1 leverage, you'll be able to open 1 or 2 trading positions and that's all, your equity isn't large, so you need to leverage it to be be able to trade comfortably.
The only thing to keep in mind is to keep no ore than 3-4 positions open at one time. 1-2 max in the beginning is even better: you'll be able to control your trades better, learn how balance, equity, margin required and available columns in your account behave and what's most important, you won't be overusing your leveraged account, therefore no worries about getting a margin call.
Forex Hoster - MetaTrader And Expert Advisor Forex Vps Hosting. Secure Forex Vps MetaTrader & Expert Advisor Hosting For Forex Mt4 Traders. We Support Windows, Mac Osx And Linux. Click Here!
Forex Candlesticks Made Easy! Click Here!
Forex Massacre. Brand New Site From Forex Trading Manuals! Click Here!
Money Beyond Belief By Dr. Joe Vitale And Brad Yates. Joe Vitale - Brad Yates - Teleseminar Recordings Helping Participants Achieve Money Freedom - Freedom From Limiting Financial Beliefs Using Eft Click Here!
Everything You Know Is Wrong! About Being Debt Free That Is!! And It Will Keep You In Debt The Rest Of Your Life! Click Here!
Credit Repair Secrets Revealed! Click Here!
Currency Exchange Cash. Proven Way To Generate Profits. Click Here!
5 EMAs Forex Trading System. No Lies, No Bs! Real Money, Live Account Statements Prove Over 96% Click Here!
No comments:
Post a Comment