What's the Best Leverage for $1000 in XAUUSD?
The best leverage for $1000 account is 100:1 gold leverage. This is the leverage ratio in xauusd/gold that also is used by professional traders.
With 100:1 xauusd leverage when you open an account with $1000 you'll have capital of $100000 to open trade positions with - with 100:1 gold leverage it means your broker gives you $100 dollars for every one dollar which you have on your account. Hence, if you have $1000 - $1000*100:1 Leverage is equal to $100000 which you as a gold trader can trade with.
In XAUUSD with $1000 dollars you as a gold trader can control $100000 dollars capital to trade with after leverage ratio of 100:1
What's the best leverage for $1000 when gold trading? - 100:1 Leverage
What's the best leverage for $1000 when xauusd trading? - when trading with $1000 you should come up with your equity management rules that you'll use to manage your account capital. These set of money management guide-lines should be written on your trading plan. If you're a novice trader wanting to open a $1000 dollar account & you don't know what equity management guide-lines are, you as a Gold trader can use the learn lessons below to learn about what's equity management?
How Do I come up with money management rules for trading a $1000 dollars account.
with Gold Leverage
The more leverage you use the greater the profit/loss
The less leverage which you use the lesser the profit/loss
It's hence better to use less leverage to cap risks involved. The greater the leverage ratio used the greater the risks. This is one of leverage rules not to use more than 5:1 leverage ratio.
In trading leverage guidelines: It's recommended to stay below 10:1 which is also still high, most professional funds managers use 2:1 leverage ratio in their account.
To Learn & Know More about Leverage and Margin - Learn the Tutorials Below:
Leverage and Margin Discussed
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