I read some articles about leverage but I am not sure I understand about it. I think:
example: EUR/USD = 1.25628/1.25647 and I want to buy 100,000 EUR ( standard lot), I have to use 100.000*1.25647 = 125,647 USD. If leverage is 100:1, I need 125,647/100 = 1,256.47 USD to trade.
If you only have $2000 to trade, and you are trading 1:100 leverage and are using a standard lot… You would be able to sustain roughly a 75 pip loss before margin call.
Do not trade a standard lot if you only have $2,000 in the account. Use a mini lot of $10,000.
Leverage is a boobie trap created by brokers to suck out your money faster and charge more spreads. If you make a good money management you will not need leverage. 1:5 leverage is a little excesive for me, i risk less than 1% per trade.