Hey guys KINGpip here,
I’m very confused about leverage and margin and finding the right leverage for me. what is the appropriate leverage for a $5000.00 mini account.
What is a good website that explains leverage in great depth. I’m trying to get my head around it all.
thanks
Give this site a search and you’ll find numerous discussions on the topic.
The short version is the right leverage for your account is the leverage that allows you to put on a position at the size that you determine is appropriate given the amount of risk you are willing to take on the trade.
Really, it’s that simple.