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.
it depends on the rules when it comes using leverage because there's are some platform that can really burn your account and some cannot.. So always remember to read the rule before using a leverage so that you are aware and you know how to manage it.. "the higher the leverage, the risk will be higher as well" i know someone already said this but this is the most important you always remember it.