I am fairly new to the forex trade and would like some seniors to share their experience with leverage in forex which ranges from 1:50 to 1:400.
More specifically, does nt the leverage allow the capital to be wiped out fairly quickly in the trade? Hence, is nt going for a lower leverage a better strategy?
More specifically, does nt the leverage allow the capital to be wiped out fairly quickly in the trade? Hence, is nt going for a lower leverage a better strategy?