[jmca]

I understand what margin is used for, but I'm confused how margin plays in gains & losses.

For example:

100:1 leveraged account
1 standard unit = $100,000 correct?

200:1 leverage account
1 standard unit STILL = $100,000 correct?

So when booking a P/L, they are both the same. Margin plays a roll in how much of your own money you put up, not increases or decreases the $ of your P/L. What it does do is increase/decrease your Cash-on-Cash% return, giving you a larger +/- ROI%.

Am I correct in this?