Piponomics: If you have a hundred dollar account at 1:200 leverage and another on 1:500 and take 0.1 lot size trades on the both, the second account will have more free margin percentage than the first. This is where leverage becomes bad as the trader with the second account would be given a false sense of security he will go ahead to enter more 0.1 lot size trades and blow his account.
So in essence, the bigger the leverage the easier it is to get decieved into using bigger lots and opening more trades.

Piponomics:
Oga some of us have poor sense of humor so we tend to take things too serious. Me especially. Anyways back to your question.
Leverage is kind of a provision that allows you trade with money that isn't yours. It magnifies your balance if you understand what I mean. It is chosen when you are opening the account and you cannot change it from the MT4 platform. You have to contact your broker to change it for you.
Lot size is the size of your position. When you want to place a trade and choose 0.01, it means you will get ten cents for every pip. 0.1 means one dollar for every pip. 1.0 means ten dollars for every pip. 10.0 means hundred dollars for every pip. Etc.
You can read up online if you are still confused.
Have a nice day.

fxisreal:

welldone boss,
..and i believe some guys here would like to know the diffrences between a position open with 0.1 lot on 1:200 leverage and on 1:500 leverage
can you explain that further pls

Piponomics:
I wonder what goes on in the head of some of you. You just had to sound this way right? Oya wait till those you are feeding will come online to answer you.
Nonsense.

malachi2uk: GOOD MORNING HOUSE

PLEASE CAN SOMEONE TELL ME THE DIFFERENCE BETWEEN LAVERAGE AND LOT SIZE AND HOW TO CHOOSE LAVERAGE ON MT4.

THANKS

SO NO ONE IS REPLYING ME BECAUSE I DIDN'T DROP AN ALERT
K,I WILL SHORT NU IF IT BREAKS MONTHLY RESISTANCE

CAN SOMEONE ANSWER ME NOW?

bbexcel: seems you are a doubting thomas, the first pic was what I bided for,which was what I received. Here is another picture you can also google it dell mini notebook.

malachi2uk:

excel where did u get that pics from?

please turn on the laptop and hold it with your left hand and snap.

That pics looks like digital photo or what did u snap with?

bbexcel: Guess what? I got myself a cute dell mini laptop through mikky,and he also discounted 30 dollars off for me. Although I was initially scared but he proved me wrong,there are still few Nigerians you can trust and he is one of them. Am so loving this laptop,cute and portable. And oh here is a pic for you

Davluck: Yaaaaaaaaay, jst collectd my iphone4 frm oga mikky, so honest a guy...God bless u bro

Xpset:

I didnt have any pic with Jersey. pls poof to me and others here that am a scam.

am just being attacked everyday. I thing I should just end it up here in this season.

I would use this medium to thank all house mate. at least o enjoy some moment here if not all.

but kia I can't take it anymore I ned to quite this thread because I don't want another e-fight.

I h always maintained my id even if am banned I always refer to my real id. if am a scam how I keep one id.

I don't want my issue to prevent d purpose of this thead because I have respect for it.

wish u all b best.

mind u am a Human Right activists/ undercover agent. if u need proof contact my office in abuja.

Ayobetzz:
''not playing undercover agent fo fish out scammers''...if u don't av talk..u parkwell jor..till u ar ben scamd here na dat tym ur eyez go cum open

albacete: is dis thread cursed or wot?
One minute of fresh air and an impending war ahead.
Malachi, we are just recovering from WW3 and u want to start another.
Concerning d proof dat Xpset is wedding,
anybody can lay his hands on a friend's/cousin's/classmate's wedding photos and claim that he is d groom. Do u know Xpset personally?

YES I HAVE HIS PICS HE SNAPPED WITH A CLUB JERSY

I KNOW WHAT AM DOING,I ALSO WANT HIM TO PROVE ME WRONG ABOUT THE LR ISH

malachi2uk: I think itx tym for me 2 leave the thread,gat a lot of tinx 2 tidy up...will be showing up as a visiting punter

Will miss everybody.

Make una no fight oh

Will join u guys again...maybe by next season

wapmasta001:
wait.... i hope its nt d book i droped free u r talking abt? if its it....then i now knw u r too small upstairs for wappy to talk to....y nt pay me a visit... mk i take u out lol..mayb vila no allow u grow ciz i dnt c hw wat i said has to do with ebook...so tell me hw u knw am talking abt ebook, meaning ur statement is entirely diff frm mine..baba mi ceaser c diz chicken wey dey talk ooooo...cn u even build any all u do is mk mouth here.. i believe if u shud tk a look at my trend frm ma first post u wud gain lotss... wat cn we gain frm urs apart frm all diz ur childish posts. ask me if i cn risk 280 for 20.. if i do it. i dnt tink is ur money oooo.....diz trend don really mk sm village boy to dey talk to persn anyhw.. if diX is frustratx u r facing..pls cntrl.. it... ma 60ticks like ma guy jayjay go talk....

omakay:


Make 9 successful trades!!!!

Lose all in the 10th trade!!!!

I bet that is a virtual account!!!!

As for consistency, just forget it!!!

RANDOM WALK has no consistency!!!

That is the exact reason it is called RANDOM WALK!!!!

And i don't think you would be willing to do this with your real account!!!!!

wapmasta001:
i dnt c diz word right....its more like condeming dat strategy.... u saying diz naw, if he discovers a better strategy am sure his nt gona b willing to drop it..coz u hv nt giving him a heads up in diz....i wish dats hw its easy to build up a werking strategy.....i wanted to drop a strategy for my touch bet d other day for those using ma chart, but sm1 said his gonna mk d newbies bliw up dia account.... meanwhile dia r sm pple here wich diz strategy wyd still wrk well for...i now wonder if its d strategy dat made sm guys here blew dia act....every1 wud only want to drop tins where dey knw it wud b apreciated...pls lets endevour to commend d effort of pple wen dey mk attempts to drop tins here...coz u dnt actually knw wat tomoro holds...it takes studying and research to win bom.....so always commend and dnt condem.....
my 2cents....

WHAT ARE U TALKING ABOUT How am i condemning his strategy huh?
I only said that the strategy (trading $34 to win $5 ) is better than the one of (trading $294 to win $9)

I noticed we aint cool because blocked you from selling your ebook here here

Can you risk $296 for $9 or $11?

oboy go sleep joor

jsh_eng:

oga mi...watch ur back ooo...

sunwalk: its like they have all traveled abroad wit their earnings. maybe they re waiting for us to show there.

stmichael001: WORKING ON A NEW STRATEGY.......RD25/GOES OUT THINGZ