What is Leverage & Best Leverage in Forex Trading?

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  • Опубликовано: 19 июн 2018
  • What is leverage in forex trading and what leverage should i use forex? A lot of people have asked me about forex leverage risk and forex leverage meaning so I'm going to do a video about this.
    I'm also gonna explain how does leverage work in forex trading. Forex leverage is something that a lot of forex traders ignore because people won't think about it until they experience forex leverage loss.
    Leveraged forex trading is a double edge sword. So you will need to understand the forex leverage risk before you use forex leverage as part of your trading.
    I'm also going to share with you in detail what leverage means in forex trading when you overleverage. A lot of people also asked me what leverage is best in forex so I'm going to address thi too.
    Forex leverage for beginners may seem daunting to understand but if you watch this video on leverage forex explained, you will be able to understand what is leverage in forex trading.
    I want to have leverage in forex explained to you in detail so you won't experience too much of a forex leverage loss. Massive losses are part of forex leverage risk especially if you increase your forex leverage too much.
    What leverage means in forex can be either profitable or destroying your forex account. However, if you manage your forex leverage risk properly and learn how does leverage work in forex trading and then use that to your advantage, you can sustain your forex business in the long run by using the right forex leverage.
    Disclaimer:
    ---------------------------------------------------------------------------------------------------
    Singapore youtuber profile:
    Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.
    This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.
    It's also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.
    Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.
    She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.
    Email: karen@karen-foo.com
    Website: www.karen-foo.com
    Facebook: / karenfoospeaker
    Instagram: / imkarenfoo
    MENTORSHIP PROGRAM ONLY FOR SERIOUS HUSTLERS : bit.ly/2qkIvRj
    ------------------------------------------------------------------------------------------------------
    Music Credit:
    Adventures by A Himitsu / a-himitsu
    Creative Commons - Attribution 3.0 Unported- CC BY 3.0
    creativecommons.org/licenses/b...
    Music released by Argofox • A Himitsu - Adventures...
    Music provided by Audio Library • Adventures - A Himitsu...
    • What is Leverage & Bes... Disclaimer:The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.

Комментарии • 413

  • @raysontan1021
    @raysontan1021 4 года назад +15

    In a whopping 47 seconds, you literally made me understand the whole concept of leverage, YOU'RE THE KING !

    • @KarenFoo
      @KarenFoo  4 года назад +2

      Glad I could help

  • @kudakwasheoshinagnyamayaro6723
    @kudakwasheoshinagnyamayaro6723 5 лет назад +72

    The issue of leverage need not be an issue at all. You can always minuscule the risk by adjusting your lot size. I think it is wise if beginners pay a lot more attention to their lot size, making sure that they don't wreck and zero their accounts through high lots. I personally think that the higher the leverage the better, since you can as well minuscule the risk by adjusting your lot. If one can use high leverage to his advantage he might be onto something.
    It's a great video Karen, no doubt about it, but all I'm saying is the fundamental purpose of leverage has to hold true, and it is toy understanding that one shouldn't be bewailed by high leverage if he can adjust his risk exposure through lot adjustment.
    Again it's a personal perception.
    I'm Still a novice as compared to how much I wanna know.
    Kind Regards!
    😊

    • @KarenFoo
      @KarenFoo  5 лет назад +50

      If your lot size is taken care of it shouldn't be an issue. I'm just making assumptions in this video that the traders did not take care of their lot size. Thanks for your kind compliment !

    • @boreneoman7728
      @boreneoman7728 5 лет назад +7

      this is exactly my thinking
      when i was a beginner..

    • @sanguinegenius2769
      @sanguinegenius2769 4 года назад +4

      you are correct, but also high leverage can affect the amount of opened positions you can have at the same time especially when you have some floating loss. Low leverage will give you room to breath, along with lot size calculation

  • @fahmybasardien1211
    @fahmybasardien1211 3 года назад +5

    Thank you Karen for explaining leverage. I now understand what it means. No one explained it the way you did. Very good job. Much appreciated. May the lord God Almighty bless you with peace.

  • @ccallender4012
    @ccallender4012 3 года назад +6

    Thank you for a very comprehensive explanation. I'm with a forex group and when we signed up, all newbies...they just told us to use 1:200 or 1:500. We use small lot sizes yes BUT no one explained the reason for choosing those leverages. Through my own research, I realised that lot sizes can let you control your losses regardless of leverage, but still...understanding the reasoning behind choosing a suitable leverage is so important. Rather than just telling new people use this ...FULLSTOP.

  • @jayMovic
    @jayMovic 4 года назад +7

    Been seeing leverage videos for hours And this kid literally the only one that answers my question...thanks much karen

    • @KarenFoo
      @KarenFoo  4 года назад

      You're welcome. I'm glad I could help 😊

  • @ajanakufx
    @ajanakufx 2 года назад

    I watched this video a year ago and I didn't understand a thing she was saying. Watching it today and now I can relate. I thank God for my journey so far. My leverage right now is 1:10.

  • @Trader_Mun
    @Trader_Mun Год назад

    You have the best explanations of leverage on youtube. Thanks to this, it will really help my risk management.

  • @AFavouredLife
    @AFavouredLife Год назад

    I learned stock trading about 15 years ago but at that time nobody in youtube is doing it. still remains a rookie until now. then about a week ago, i met someone at work sharing forex trading and it sparks my interest again and now forex. currently starting to learn this stuff because i have someone to ask near me and watching you means a lot. first trader i found in youtube. it’s never too late. i just regretted why i didn’t know people are sharing this in youtube. thank you.

    • @KarenFoo
      @KarenFoo  Год назад

      better late than never :)

  • @chimezz4470
    @chimezz4470 3 года назад +3

    Hi Karen, I am really amazed the way you simplify each topic you teach for a better understanding. Thanks so much!

    • @KarenFoo
      @KarenFoo  3 года назад +1

      Thanks for your kind compliment

  • @Nick-sb8fi
    @Nick-sb8fi 3 месяца назад

    I appreciate your honest advice. Thanks for all the great content!

  • @Jason92881
    @Jason92881 4 года назад +83

    Isn’t she beautiful 👍🏾👍🏾👍🏾

    • @emmazooto7114
      @emmazooto7114 4 года назад +6

      Intelligently BEAUTIFULLLLLLL

    • @emmazooto7114
      @emmazooto7114 3 года назад +1

      U guys shd stop using Karen's channel for ur adverts and spend worthwhile time and resources to make ur make ur channels attractive. People sacrifice a lot to get to this level. My humble opinion though.

    • @teslimteslow1661
      @teslimteslow1661 3 года назад +5

      She looks like the rest of Chinese you can't tell if is boy or girl

    • @KarenFoo
      @KarenFoo  3 года назад +39

      @@teslimteslow1661 coz you're too dumb to even tell. That's how high your level of stupidity is

    • @CRYSAW
      @CRYSAW 3 года назад

      and that's why you ain't making no money.

  • @nevereverever4405
    @nevereverever4405 2 года назад

    Owh, now I understand why my 300 dollar account with a leverage of 1:500 has really high risk + i trade in the 4 hour time frame.
    This is useful 👍 thank you

  • @Williampqt
    @Williampqt 2 года назад +1

    Thank you, Karen! Amazing explanation...

  • @odoforijude5708
    @odoforijude5708 3 года назад

    Thanks for this video....have been having hard time understanding this Leverage stuff as a beginner. God bless!

  • @DanielxPrado
    @DanielxPrado 4 года назад +1

    Thank you so much. I have watched about 10 different epllanations of this and none of them were as good as yours. i now have a better understanding of what this is and how to use it so I dont keep blowing my account. THANK YOU

  • @mohammedmadni
    @mohammedmadni 2 года назад

    Probably best video on leverage... Thanks Karen

  • @chillytswak5530
    @chillytswak5530 3 года назад

    Thanx Karen....u really know how to explain!!!

  • @vincentcaldwell5294
    @vincentcaldwell5294 2 года назад +3

    Thank you Karen for such a detailed explanation. I also believe that beginners should always start with a low leverage and then increase it gradually as their experience builds. I’ve started using 100:1 with fxview and will increase it further as I gain experience.

  • @wilfredbasera2543
    @wilfredbasera2543 10 месяцев назад +1

    you explain like a pro thank you i understand

  • @user-kw2vz6oo5u
    @user-kw2vz6oo5u 4 месяца назад

    Very informative and vital Miss for a beginner like me..BLESS YOU!

  • @claudmoloi7448
    @claudmoloi7448 2 месяца назад

    Thank you.❤ This is very helpful

  • @ilianamarie103
    @ilianamarie103 4 года назад +27

    Listen, I've been searching for an explanation for leverage for the last 2-3 hours and I vaguely understood. You explained it in the simplest terms and I got it! Thanks

    • @KarenFoo
      @KarenFoo  4 года назад +5

      I'm glad that my videos could help. Thanks for your compliment!

    • @panedole
      @panedole 4 года назад

      Cheers for the Video! Excuse me for butting in, I would appreciate your thoughts. Have you researched - Schallingora Profitable Idea Scheme (search on google)? It is a good exclusive guide for uncovering a smart technique to trade forex minus the normal expense. Ive heard some awesome things about it and my work buddy after many years got cool success with it.

    • @KarenFoo
      @KarenFoo  4 года назад +8

      @@panedole promote your bullshit elsewhere. I've seen enough of people spamming the same shit as you.

  • @leeafd1-o33
    @leeafd1-o33 3 года назад +7

    You Explained Leverage really well. thank you for this video.

    • @KarenFoo
      @KarenFoo  3 года назад

      You are welcome!

  • @Chris_Mw
    @Chris_Mw 4 года назад +3

    Feels like you are scolding me, I like it. This is the first video from your channel am watching. I loved the video. Am new to Forex trading.
    Thank you.

    • @KarenFoo
      @KarenFoo  4 года назад +1

      You're welcome

  • @jcaguilar881
    @jcaguilar881 4 года назад +1

    i like the way you explained on how to use the leverage I'm just a new Trader i experience many losses in Trading.. then i watched your channel everything is getting clear to me slowly but sure.. hope you can make more videos and enlighten us more.. God Bless you!🙂

    • @KarenFoo
      @KarenFoo  4 года назад

      I'm glad my videos help!

  • @stacyluna5606
    @stacyluna5606 3 года назад

    You really have made it easier and helped me I have been searching for a video but I can't understand the rest Thanks to God for you. Be blessed.

    • @KarenFoo
      @KarenFoo  3 года назад +1

      Glad it helped

  • @onyenekwechidera7863
    @onyenekwechidera7863 Год назад

    Hi Karen thank you so much for your videos, I really appreciate, May God bless you.

  • @naturalmystique1237
    @naturalmystique1237 5 лет назад +5

    thanks for that lecture. was finding leverage a strange concept

    • @KarenFoo
      @KarenFoo  5 лет назад

      You're welcome Dan!

  • @MorrisDXplorer
    @MorrisDXplorer 3 года назад +1

    great tutorial, i've watched so many tutorials but this one is the best.

  • @MasiUlla
    @MasiUlla Год назад

    Learning a lot Karen thank you 🙏🙏

  • @graceucat2436
    @graceucat2436 3 года назад

    We are so blessed to have you as our mentor Ms. Karen plus your english is so addictive to listen to:-)

    • @KarenFoo
      @KarenFoo  3 года назад +1

      Thank you for your kind compliment. Some days small these like these mean a lot

  • @KuyaAllam
    @KuyaAllam 5 лет назад +3

    Thank you coach Karen... very informative like me as newbie

  • @3275kk
    @3275kk 3 года назад

    I used 1:200 & 1:500 based on "experienced trader friends'" advice as a 1st timer..
    Each time my acct went ZERO before I can finish saying Abracadabra...🤦🏻‍♀️🤦🏻‍♀️🤦🏻‍♀️🤦🏻‍♀️
    I learnt it the hard way. Wish I watched this earlier...
    Thanks for the effort in making n sharing this video Karen..

    • @KarenFoo
      @KarenFoo  3 года назад +2

      You're welcome. Think they are more like experienced gamblers

  • @Doraemon-wq2vs
    @Doraemon-wq2vs 5 лет назад +10

    1:100 1:1000 can say same, you need control your lot size..let say you have 100usd, with 1:10 you might can enter maximum of size maybe 1.0 or 1.5...but with 1:1000 you can enter 10.0lots...with SL 10pips away

  • @Holy-Ben-Fx
    @Holy-Ben-Fx Год назад

    My dream is to meet with you someday and learn more about fundamental analysis you inspire me and I am grateful and thank you for sharing this videos

  • @forextradingwithcollinslomotey

    I love you Karen... With all of my heart. You're amazing!!! I'm flying over to your country next year to appreciate you for everything you've done for me.. God Bless you so much... You're one of the big reasons why i'm profitable today. THANK YOU!

    • @KarenFoo
      @KarenFoo  Год назад

      Ok then see you soon!

  • @PM-zh5ef
    @PM-zh5ef 3 года назад

    Well Done. Thank you

  • @berriayuk488
    @berriayuk488 5 лет назад +2

    Great lesson. Thank you Karen

  • @keishasworld5852
    @keishasworld5852 Год назад

    Hi Kàreen, thanks for sharing this..,I'm new in trading world..godbless❤️

  • @successfultrader7280
    @successfultrader7280 6 лет назад +2

    Good stuff ,like it! Leverage my life, crazy stop loss most to !! I scalping with 1:60 in that case stop loss is very very much important it a must every time it a stop loss

    • @KarenFoo
      @KarenFoo  6 лет назад +2

      Yes having a stop loss is important. Thank you for your compliment

  • @mohamadfaizalmahfoz1573
    @mohamadfaizalmahfoz1573 3 года назад

    Thanx karen. Easy to understand.

  • @kgalanet
    @kgalanet 4 года назад +10

    I can't stop being amazed by how good you are at this 👌🏿

    • @KarenFoo
      @KarenFoo  4 года назад

      Thanks for your compliment

  • @judeontoyin2368
    @judeontoyin2368 4 года назад

    Thank You just what I was looking for

  • @michelstuart8156
    @michelstuart8156 5 лет назад +2

    Trading with leverage seems like it will be a really big advantage and it can be, but it can hurt you as much as it can help you. Many new traders are beginning to use as much leverage and, as a rule, lead to quick losses and the failure of the account. This is a good reason for new traders to learn how to trade Forex; I studied forex, then trade with AAFX.

    • @KarenFoo
      @KarenFoo  5 лет назад +1

      Yes very well said. Lack of patience is what causes beginners to over leverage

  • @dannie6958
    @dannie6958 2 года назад

    Brilliant! Thanks

  • @AsifKhan-sl1hk
    @AsifKhan-sl1hk 4 года назад

    Thank you for always providing us depth knowledge 😍.

  • @marshallwillis371
    @marshallwillis371 3 года назад

    Great advice.

  • @AimsyCost
    @AimsyCost 5 лет назад

    Great. Will watch all your videos. Thanks.

    • @KarenFoo
      @KarenFoo  5 лет назад

      You're welcome. Happy watching!

  • @emmazooto7114
    @emmazooto7114 4 года назад

    Quick returns = Quick death! Karen advice is always on point. And thank u very much for ur education. Have been trying to understand this leverage thing for a long time. But u've made it simple for me to grasp now. Bless u

    • @KarenFoo
      @KarenFoo  4 года назад

      You're welcome. Bless you too

  • @raghuchak
    @raghuchak 4 года назад

    Thank you
    Karen Foo for your amazing Info...

  • @rockemmanuel4700
    @rockemmanuel4700 5 лет назад

    Hello, thanks once again here. I am now being more confident everyday just by watching your videos. I am now trading like a pro. Anytime I look at chart I know what is happening. I am so much happy.

    • @KarenFoo
      @KarenFoo  5 лет назад

      You're welcome. I'm glad to know that you've improved

  • @michaelnweke3675
    @michaelnweke3675 4 года назад

    Sweet Karen, always say it better

  • @adigun58
    @adigun58 5 лет назад +5

    karen, i am highly motivated. for every of your videos i have watched directly and some that i downloaded (internet is a bit cost here, i use my school wi-fi while on campus) i learn a lot...I am now able to determine when to close a trade and when to enter.. i really do appreciate your effort..you are a greatness.
    one question please, can i still go further to buy your course?
    i have asked this question because your youtube videos explained many things and i do not think you hide anything...

    • @KarenFoo
      @KarenFoo  5 лет назад

      Thank you so much for your kind compliment. You can email my team for the details if you want (admin@karen-foo.com)

  • @nomilehlophe7770
    @nomilehlophe7770 11 месяцев назад

    Now i know what leverage is🎉🎉🎉

  • @RuviBennett
    @RuviBennett 4 года назад

    good explanation

  • @jeffreybanda3693
    @jeffreybanda3693 4 года назад

    Am new following you but you're inspiring me so far....keep it up...

    • @KarenFoo
      @KarenFoo  4 года назад

      Thanks for your support

  • @stevenchikwa6495
    @stevenchikwa6495 5 лет назад +1

    Nicely Explained, Thanks

  • @evelyncole3679
    @evelyncole3679 3 года назад

    A great thanks👍

  • @rafteavee3377
    @rafteavee3377 Год назад

    Thanks to you karen.

  • @prashantsubedi6773
    @prashantsubedi6773 3 года назад

    Thanks for this video. I'm using 1:20

  • @sgtharris
    @sgtharris 5 лет назад +1

    Another great video Leverage has a lot to do well being smart and patient I think I would only use higher leverages when the market dips and candles.. Rsi.. And moving average says bullish momentum.. That's trading like a sniper right having multiple confirmations?

  • @coreyrobinson9597
    @coreyrobinson9597 2 года назад

    You are Awesome!!

  • @maxcitytv352
    @maxcitytv352 5 лет назад +1

    Great info, very helpful

    • @KarenFoo
      @KarenFoo  5 лет назад

      Thanks for your kind compliment

  • @timtucker886
    @timtucker886 6 лет назад +1

    Bob looks better than John. Should never lose 30 % of what you put in. Great video. Starbucks time Happy trading. cheers

    • @KarenFoo
      @KarenFoo  6 лет назад +1

      Haha yeah I just realized that he looks better. Probably coz of the moustache LOL. Thank you for your compliment. Happy trading to you too :)

  • @freelanceracademy7766
    @freelanceracademy7766 4 года назад

    Should leverage be taken into consideration when calculating the LOT SIZE?
    Currently I'm calculating a very low lot size (that I can't even buy)It gets better if I add leverage to it.
    Amazing videos Karens s2

  • @tbrifki
    @tbrifki 5 лет назад

    Excellent explanation!

    • @KarenFoo
      @KarenFoo  5 лет назад

      Thank you for your compliment :)

  • @chizupoanatoly8806
    @chizupoanatoly8806 4 года назад

    Awesome..

  • @MD-dq8cm
    @MD-dq8cm 4 года назад

    Man great explanation!

  • @natty3456
    @natty3456 5 лет назад +1

    Respect, very helpful

    • @KarenFoo
      @KarenFoo  5 лет назад +1

      Thanks for your compliment

  • @BLESSMAN-FX
    @BLESSMAN-FX 6 месяцев назад

    Thank youuuu

  • @valentineajebuamatiekepen226
    @valentineajebuamatiekepen226 2 года назад

    thank u karen

  • @juliusmuliawan6387
    @juliusmuliawan6387 4 года назад

    Amaze me more kareen. Great lesson.

    • @KarenFoo
      @KarenFoo  4 года назад +1

      Haha ok I'll do my best

    • @juliusmuliawan6387
      @juliusmuliawan6387 4 года назад

      hello karen I want to ask how to eliminate doubts in the trading plan. I often make trading plans and actually succeed, but often I get scared when the retest price is near the bottom of my op, often I close the position. Btw im lot better in trading after using 1:20-50 leverage like you suggested in this video. Thanks kareen.

    • @KarenFoo
      @KarenFoo  4 года назад +1

      @@juliusmuliawan6387 backtest and demo test more to build confidence

    • @juliusmuliawan6387
      @juliusmuliawan6387 4 года назад

      @@KarenFoo thanks for the advice .

  • @andyk8840
    @andyk8840 4 года назад

    Nice Vidoe Karen. Is it ok to neglect leverage alltogether if you are setting your stop loss as a percentage of your account and not as a standard amount?

  • @kumardhanram9146
    @kumardhanram9146 4 года назад

    Thank you, Karen.

  • @abdulhakhassan6683
    @abdulhakhassan6683 5 лет назад

    Thks for the video 👍🏾

  • @rolandmoyo8257
    @rolandmoyo8257 5 лет назад +1

    Anx dear, you are a star🌟

    • @KarenFoo
      @KarenFoo  5 лет назад

      Thank you.❤❤❤

  • @AllatonceIvan
    @AllatonceIvan 6 лет назад +1

    Great stuff

    • @KarenFoo
      @KarenFoo  6 лет назад +1

      Thank you so much :)

  • @ahmedojewale1350
    @ahmedojewale1350 3 года назад

    That’s like driving a Lamborghini blind folded 😂😂😂... thanks for the explanations though 🤗🤗🤗

  • @claudmoloi7448
    @claudmoloi7448 2 месяца назад

    Just got yourself a subscriber

  • @opponggordon7577
    @opponggordon7577 Год назад

    As a a beginner, I didn't know so I used high leverage of 1:2000 and I blow my accounts several times.
    Now I have changed to 1:20

  • @sanjibmitra7034
    @sanjibmitra7034 5 лет назад +1

    Helpful

  • @jax86
    @jax86 5 лет назад

    Thank you

  • @kimjongun2524
    @kimjongun2524 4 года назад

    Thanks 😭

  • @kamogelorankeng9588
    @kamogelorankeng9588 3 года назад

    I love this 🤣🔥🔥

  • @mafahmin8470
    @mafahmin8470 5 лет назад

    well dane thank you for you sharing with best leverage suitable for began-ers every thing is depend on your leverage for losees and profitable

    • @KarenFoo
      @KarenFoo  5 лет назад

      You're welcome!

    • @mafahmin8470
      @mafahmin8470 5 лет назад

      Can you explain best broker's for Somali people?

    • @KarenFoo
      @KarenFoo  5 лет назад

      @@mafahmin8470 email my team for details (admin@karen-foo.com)

    • @corona1998
      @corona1998 3 года назад

      @@mafahmin8470 trade only in America, Europe, South Africa and Australia. Other places trades are useless. But try webull, traders way etc or do good search.

  • @itz_hamzeey8080
    @itz_hamzeey8080 4 года назад

    Hello Karen, assuming i use 1 micro lot size and i risk 10 pip which is 1 dollar right ,i also use 1:100 or 1:50 or 1:5 leverage in calculation hw is it going to affect the 1dollar. plz i need a feedback

  • @asteratiq67
    @asteratiq67 Год назад +1

    I LOVE YOU FROM BANGLADESH

  • @omarabdullah9741
    @omarabdullah9741 3 года назад

    I am very grateful to receive all I would have pay for just for free.. Thanks a lot miss Karen..nice to follow you

  • @mdfauzeerosslie1232
    @mdfauzeerosslie1232 5 лет назад

    terbaik la karen. 1 sub for u

  • @sxopemo5646
    @sxopemo5646 2 года назад

    3 years later. Grateful. 18. Computer science. Crypto and trading. Full dedication for the next 7 years

  • @WarHeroTV
    @WarHeroTV Год назад

    ty karen

  • @callumf7856
    @callumf7856 4 года назад

    Hello, your explanation was very good but I am still struggling. I have a £500 account and I risk 2% (1R) every single trade and my Take Profit is usually (2-8R), my leverage is 1:100 would changing my leverage to 1:500 affect anything at all?

  • @opoknock
    @opoknock 3 года назад

    Hello Karen, I've just started my Think or Swim demo account and my Qty is set at 10,000, what leverage is that in the forex market?

  • @tombinueza7642
    @tombinueza7642 3 года назад +1

    hello karren, i am tom. I plan to invest $1,000 in forex. I plan to take 10 trades in a day with a risk of 50 pips per trade (or risk is 500 pips per day). What leverage do you advise I will take and what lot size per trade if I take 10 trades a day? Supposing I win about 150-200 pips a day, how much money will I be making and at what leverage?

  • @jeralynalang2048
    @jeralynalang2048 4 года назад

    Karen good day to you. Pls make a video on leverage for micro lot account like 1k dollar downwards.
    Thanks much

    • @KarenFoo
      @KarenFoo  4 года назад

      Use less than 1:20

  • @anthonyboissiere317
    @anthonyboissiere317 5 лет назад

    thanks again Karen, great video

    • @KarenFoo
      @KarenFoo  5 лет назад

      You're welcome Anthony!

  • @muneerpeters1210
    @muneerpeters1210 5 лет назад +4

    Hi Karen, I use 1:888 I trade long-term but wouldn't it be easier to manage your risk via lot sizing? I'm not a professional trader by the way so any advice.

    • @KarenFoo
      @KarenFoo  5 лет назад +2

      Hi Muneer. As long as you manage your lot size, it's fine.

    • @viktorgevin6532
      @viktorgevin6532 5 лет назад

      if you believe in investing without fully knowing about Forex I say think again and enlighten yourselves, trust me a month back I was a loser! I lost almost all my money to brokers I did not understand, almost lost my wife and kids but thanks to Mr. Lukka Semenov who took the time to teach me about my broker, taught me his *Lukka Binomial strategy* and how they make deals to make you win all the time now I make thousands weekly. You need to enlighten yourselves search the internet right now for more information on this strategy.

    • @jackdaniels5262
      @jackdaniels5262 4 года назад

      @@viktorgevin6532 haha you're just promoting Lukka...

  • @petermukuku9720
    @petermukuku9720 5 лет назад

    Hi Karen, I have learnt alot from this video, but advice me on the best broker to use most brokers have limits on leverage it starts from 1:100, 1:500, 1:1000 etc . i how can i choose 1:20 or 1:50 leverage in this case ?

    • @KarenFoo
      @KarenFoo  5 лет назад +1

      Email my team for broker details (admin@karen-foo.com)

  • @michaelmatewos7346
    @michaelmatewos7346 4 года назад

    I use 1:20 (Oanda)

  • @johnbravo7969
    @johnbravo7969 4 года назад

    @Karen thanks for this video... may you suggest a broker ?
    pls let me know thank you

    • @KarenFoo
      @KarenFoo  4 года назад

      You can easily search for it on my channel

    • @johnbravo7969
      @johnbravo7969 4 года назад

      @@KarenFoo I FOUND IT.. SAMTRADE FX..
      .. ok i will register and cashin ..
      i am from Philippines ...
      i hope there will be no restriction from your broker for my country