Does Leverage matter?

[jerryscofield]

Hey guys,

I have this automated Expert Advisor, and the developer of this software has a recommended leverage to use. I am wondering, what would happen (worst case scenario) if I were to use a different leverage.

 

[sdotwewen]

Using leverage higher than what is recommended by the developer of your Expert Advisor increases the risk dramatically. In the worst-case scenario, this could lead to significant losses, potentially draining your trading account or even pushing you into debt if the market moves sharply against your positions. It's vital to adhere to the advised leverage to manage risk exposure effectively.