๐Leverage explained in 20 seconds ๐
If you use $20 in Futures trading and the market goes +5%:
๐ With x1 leverage โ You earn $1
๐ With x20 leverage โ You earn $20
But don't forget:
โ With -5% market drop โ You lose the entire $20 with x20 leverage!
๐ก Leverage can boost profits โ but also risks!
What leverage do you usually use?