Reply To: Using leverage for day trading

#184904
Remmy

    Effective risk management tools like setting stop-loss orders and limiting the amount of leverage used are crucial.

    In my humble view, beginners should also use lower leverage ratios to limit potential losses. I can access leverage up to 30:1 in Europe but some global brokers offer leverage up to 500:1 and even more. I’d be steering well clear of those as a newbie trader.