Quote:
Originally Posted by rrram2
WIth FXSOL you can change your leverage while in the trade. SO if you are at 100:1 and it moves down and you are in deep you can CHANGE leverage on the FLY and reduce the used margin on your account in one click.
So maybe 100:1 is a good safety setting.
But anytime you are going over 10% of your TOTAL available margin (includes money borrowed from your broker) you are THEN in danger!
|
So where it says Used Margin (at the moment 7%) I watch that and if it goes above 10% I need to increase leverage (currently 100:1) to keep that number under 10% .. is that it?