I am interested to get some opinions about leverage and the benefits (rather than focusing on the risks in this thread).
If you are using leverage but still risking 1.5% of your overall account size per trade, will this generally result in needing less starting capital to make the same return?
For example if I am trading with $50,000 and leverage that to $500,000 but limit the position risk at 1.5% of capital then this will increase trading opportunity closer to that available with a $500,000 account rather than a $50,000 account.
I am new to trading and am not suggesting I would leverage like this to begin with but for an experienced trader is 'more trading opportunity' the benefit of leverage? So when someone would usually require a $300,000 or $400,000 account to generate a $100,000 p.a. return, can this in theory then be achieved with a $50,000 account using leverage wisely?