Quote from: livingfree on Today at 08:56:40 AM

Quote from: kiddex on August 15, 2022, 09:09:15 PM

So i am dabbling into trading again and i have a question about leverage. i was wondering if you start out with 100 dollars starting balance and you use 10 leverage and you manage to blow your account, are you liable to pay the full 1000 dollars that leverage gave you? Or you do just lose your initial starting balance?. I am not sure how this works please clear this up for me thanks.

You'll lose that $100 that you deposited if you're having a high leverage and that's the way to be liquidated quickly but I think with 10, that's still manageable. If you're just coming back as you trade, I advice you to stay first in the spot.

It's okay to try some pinch with leverage but don't start with a high one.

Have a test and see if you're for the leverage trading, otherwise no one will stop you to go in the spot trading.

When you are just starting on trading on being a complete noob then it wouldnt really be that suggestable to try out leverage or futures trading which this is something that you cant really able to bare

when it comes to movement of price which is way far more riskier when you are dealing with spot.You dont know fully about the basics and stuffs which it would really be resulting into bad decisions

since you dont even know on how thing works.Try to familiarize different things and as for answering op's question then you arent paying anything but that 100 bucks of yours would be easily
be blown up or liquidated once the market do make out some opposition in terms of price swings.