📘 Word of the Day in WODL: LEVERAGE
Have you ever heard of leverage? 🤔
In the world of margin trading, leverage is a powerful tool that multiplies profit opportunities... but it also multiplies risks! ⚠️
🔹 What is it?
It is simply the use of borrowed funds from the trading platform to open a position larger than your actual balance.
🔹 A simple example:
If you have $100, and your leverage is 5x, you can trade with $500! 🚀
💡 Today's tip:
Leverage is not for everyone. Use it wisely and manage risks carefully.
Share your opinion with me:
Have you tried trading using leverage? 🤝👇
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