Abdulmajidkhs
Well-known member
New Forex Traders Can Survive With Low Leverage
As a trader, you must be aware of both the advantages and disadvantages of trading with leverage.
For example, a 100:1 ratio means that for every $1 in your account, you can enter into a deal for up to $100.
You can trade up to $100,000 at 100:1 leverage with as little as $1,000 in margin in your account.
This means you have the opportunity to profit on a trade worth $100,000!
It's like a tiny guy with a long forearm entering an arm-wrestling match.
Even if his opponent is Arnold Schwarzenegger, if he understands what he's doing, he'll generally come out on top due to the leverage that his forearm can provide.
When leverage is used correctly, it can significantly increase your profits. Your mind expands, and you begin to believe that you are the greatest trader that has ever lived.
Leverage, on the other hand, can operate against you.
Leverage will AMPLIFY your potential losses if your transaction moves in the opposite way.
You'll be out of money faster than Mike Tyson can gnaw off your ear.
Here's a graph showing how much your account balance changes based on how much leverage you have.
Read the Complete article below:
As a trader, you must be aware of both the advantages and disadvantages of trading with leverage.
For example, a 100:1 ratio means that for every $1 in your account, you can enter into a deal for up to $100.
You can trade up to $100,000 at 100:1 leverage with as little as $1,000 in margin in your account.
This means you have the opportunity to profit on a trade worth $100,000!
It's like a tiny guy with a long forearm entering an arm-wrestling match.
Even if his opponent is Arnold Schwarzenegger, if he understands what he's doing, he'll generally come out on top due to the leverage that his forearm can provide.
When leverage is used correctly, it can significantly increase your profits. Your mind expands, and you begin to believe that you are the greatest trader that has ever lived.
Leverage, on the other hand, can operate against you.
Leverage will AMPLIFY your potential losses if your transaction moves in the opposite way.
You'll be out of money faster than Mike Tyson can gnaw off your ear.
Here's a graph showing how much your account balance changes based on how much leverage you have.
Read the Complete article below:
New Forex Traders Can Survive With Low Leverage
As a trader, you must be aware of both the advantages and disadvantages of trading with leverage.
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