moonchild
VIP Contributor
If we are to trade with our own personal funds and use 1:1 leverage, trading wouldn't be possible for many of us, because it means you'll need thousands of dollars to be able to open a single position with your broker, but with the help of leverage you can open a position with as low as $10, that's the power of leverage.
As a trader, how often do you use leverage and how does leverage help you in your trading, I use leverage to open large trades on my account if I know it's going in my direction, I fail sometime and lose money, but when it goes in my direction I make more money, it's not advisable to do, if you don't have expertise because you might lose the account.
As a trader, how often do you use leverage and how does leverage help you in your trading, I use leverage to open large trades on my account if I know it's going in my direction, I fail sometime and lose money, but when it goes in my direction I make more money, it's not advisable to do, if you don't have expertise because you might lose the account.