Need something spelled out for me (Margins, Leverage)

I am trading a demo account with Oanda in the U.S. market with leverage of 50:1.

I wish to make a trade with a stop loss at 2% of my total account equity. Making one trade at a time seems to work fine.

When I try to make a second trade I am receiving an “Insufficient Margin” alert. I would like to make trades on multiple charts and multiple trades on individual charts but this is saying I can’t.

Can someone explain in simple terms how much money I am allowed to trade at once with a $10,000 demo account? I obviously don’t understand how this works.

Sounds like you have not read the lessons from Margin Trading 101.

It will be difficult to explain if you’re not familiar with the concepts covered here.

https://www.babypips.com/learn/forex/preschool#margin-trading-101

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Thank you so much! Yes, I’m still going through all the courses. This totally helped and I figured out my problem.