Quote Originally Posted by ;
. If you are using 50:1 leverage you will get a margin call following 100 pips of drawdown. You don't need to trade that way. The TRUE reason behind high leverage isn't to gamble everything on one trade, the objective is so that you don't need to keep very much of your total capital in a brokerage, however you can still exchange AS IF all of your capital was deposited at the broker.
I don't agree on that. It depends on how much money (how many units) you really bet per transaction. For betting 50000 units in EUR/USD at 50:1 you'd need 1000 margin. However, some brokers (OANDA in my case) you can dial the exact amount you want to bet and still be at 50:1 leverage. So I do not see 50:1 as some reckless leverage if you dial in your numbers correctly.

Quote Originally Posted by ;
The TRUE reason behind high leverage isn't to gamble everything on one trade
I do however agree with that. Strong advice.