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388: The Art of Trading Fundamentals - Samuel Leach

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

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How to Use Leverage Properly

Leverage is an issue where people want to get risk quick and they don't know how to use leverage properly. It's not something that can be maintained over a long period of time. I've seen traders do amazing on one to three leverage - you can achieve 50, 80% a year with good risk management. But regardless of the leverage, if your match draw down was five percent, you're still not going to succeed. Ultimately, pro firms are wanting you to lose. Arguably, when I run maps, you have more chance of winning at a casino than you do on a pro firm that has 5%.

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