I think its very simple with 1.1000 leverage which is the highest you can even open .01 lot with just 15 cents and 1 lot = 1$ per pip in just 15$ but that is such a risky way of trading as it requires expert guidance and really great indicator for perfect entry point if we pick a little wrong entry it will be all over. What do you think?

Using 1:1000 leverage in forex means for every $1 in your account, you control $1,000 in the market. This allows traders to open large positions with a small deposit. However, high leverage also amplifies risk. To manage this effectively:

1. Start small: Use leverage on smaller trades initially to avoid significant losses.
2. Set stop-loss: Always use a stop-loss to limit potential losses.
3. Risk management: Risk only a small percentage of your account on each trade, like 1-2%.
4. Monitor volatility: High-leverage trades can be risky during volatile market conditions.
5. Avoid emotional trading: Stick to a strategy and avoid impulsive decisions.

While 1:1000 leverage offers potential for high gains, it's essential to manage risks carefully.