The most tough decision for new traders is deciding to go for either low or high leverage , what do you advise most for a new trader ?
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Lets shortly take a basic look at the definition of leverage ,Leverage simply refers to using a small amount of one thing to control a larger amount of something else. Using this definition we would say leverage in forex is a financial tool that allows an individual to control larger trade sizes with small amount of funds .Now the real issue exist in the relationship that exist between leverage and the impact it has on your forex trading account. The greater the amount of effective leverage used, the greater the swings (up and down) in your account equity. The smaller the amount of leverage used, the smaller the swings (up or down) in your account equity.This been said you should have a good money management ,no matter what leverage you're using, as long as you have the proper risk/money management you can have a steady account growth
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