My leverage is 1:500.
As long as you are discipline enough, not risking more than 3% of your capital per trade, it doesn't matter what your leverage is. This is because leverage does not factor in the risk and your lot size.
Lot Size = Risk Amount / Number of Pips x Pip Value
Just quoting Mario Singh @ askmariosingh blog
As long as you are discipline enough, not risking more than 3% of your capital per trade, it doesn't matter what your leverage is. This is because leverage does not factor in the risk and your lot size.
Lot Size = Risk Amount / Number of Pips x Pip Value
Just quoting Mario Singh @ askmariosingh blog