I’m learning about leverage in Forex and wondering if it’s worth using as a beginner. I know it can increase both potential gains and risks, but I’m not sure how to approach it responsibly. How do you all handle leverage? Are there situations where it’s best to avoid it altogether?
Personally, I started by practicing with a demo account, which really helped me understand how leverage plays out without risking real money. I recommend learning from different resources, including platforms like www.weltrade.com, which offer some great educational content. Also, consider setting strict stop-loss orders to manage your risk.