AAFX Trading 1:2000 leverage. Does it really work? Reviews?

#41
I decided to shift to smaller leverage. No, it doesn’t mean that I have given up, but I feel I need more practice to start using this leverage more effectively. So, I will use 1:2000 from time to time, but in most cases, I will work with 1:500. I guess, it would be enough for me.
I think it’s much more important to preserve my depo rather than to drastically increase it. Of course, I will work on increasing it, but I will do it gradually and very cautiously. From my experience, it’s evident that 1:2000 is a very effective tool when it’s used in the proper way and I’m glad to find such a broker who provides this unique tool, but I feel I need to slow down a bit to avoid unexpected losses.
 
#42
You are right. There’s no need to hurry up to make the most of this giant leverage. You’ll catch up with it later with richer experience.
 
#43
Guys, I’ve signed up with this broker. I’m very interested in this leverage. But I’m not going to start trying this exclusive stuff from the very beginning. I’ve opened a fixed account. I’m busy today, but tomorrow I’m planning to open one more account with AAFX and it’s going to be an ECN one. With these two accounts at hand, I will get down to testing 1:2000. I wouldn’t like to do it with one account. I guess I reach my goal with two AAFX accounts.
 
#44
I was right when I decided to shift to 1:500. Well, it’s not so profitable compared to 1:2000 but it’s less stressful. It means that I can be much calmer when trading. You know that a cold mind is a very crucial thing in trading. When you don’t worry, you have an opportunity to make very rational decisions. As a result, your profits steadily grow. With this moderate leverage, I increased my depo to $867 and I very like that I did it in a less stressful manner.
Of course, I also consider applying 1:2000 for long-term investment. When I spot the very emergence of a new trend, I will certainly use it.
 

Similar threads

Zerodha – Open Paperless Account

Open online account with Zerodha. Free delivery trading and Max Rs 20 for Intraday, F&O, Currency and Commodity Trading. Intraday High leverage with MIS, CO and BO.

Name:Phone:
Email:City:
State:
Are you a day trader?