Thanks for everybody's reply and taking the time to answer my question. So that makes sense. Margin are the funds I'm actually using to open a position. Almost like an instant mortgage, in that I have to put less down of my own cash.
At the moment my strategy has been:
- 200:1, now switching to 100:1
- 1% equity risk
- Lots determined by ATR, % equity risk, and a little bit extra swing leeway
- Enter on multiple time line exhaustions
- Exit on smaller time line exhaustions
- Diversified in 19 currencies
- The entering strategy is very specific so on average, 2 open positions at a time, and at most, 4 to 5 positions at one time
I've been running this a few months now, and it's been very profitable for me. I just for some reason could not grasp the whole margin thing. But it makes way more sense now. Thanks.