Does Leverage matter?

[AlexB]

Yes, leverage definitely matters.

It can help you make bigger profits, but it can also make you lose money faster. If you’re a beginner, it’s better to start with low leverage and only use higher levels once you have more experience.

 

[Ndowon]

If you use a different leverage than what the EA recommends, things can get messy bigger losses or quick stop-outs.

almost alwasy they suggest using 500x leverage and I never trade with anything above 100x. if the ea has fixed lots input, use that and adjust it to your risk level. never trust auto lot

 

[Gholis]

almost alwasy they suggest using 500x leverage and I never trade with anything above 100x. if the ea has fixed lots input, use that and adjust it to your risk level. never trust auto lot

Yeah, 500x leverage recommendations from ea sellers are a massive red flag - that's built for blowing accounts fast, not managing risk