ForexGen | What is Leverage ?

This is the one characteristic that makes ‘FOREX’ trading so appealing trading more money than you have in your account.

It’s of course a double sword and creates risk.

The bulk traders fail at ‘FOREX’ trading because the over leverage their positions. For example : for every $1,000 you have, you can trade 1 lot of $100,000.

So if you have $7,000 they may allow you to trade up to $700,000 of forex. Leverage to deal with it you need to enter & exit at optimum risk reward.