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robertvo · 12-05-2004, 10:18

I was wondering if I use high leverage like 1:100 and the currency I hold suddenly (over the weekend) drops big time am I responsible for the thousands of dollars minus in my account? Or is there some kind of protection?

In other words If I use $200 can I loose $20000?
(I am assuming that something really bad happens and my stop can not be filled)

Thanks
Rob

12-05-2004, 10:18	#3
robertvo level 3 Join Date: May 2004 Posts: 154 Downloads: 0 Uploads: 0 Rep Power: 0	leverage risks I was wondering if I use high leverage like 1:100 and the currency I hold suddenly (over the weekend) drops big time am I responsible for the thousands of dollars minus in my account? Or is there some kind of protection? In other words If I use $200 can I loose $20000? (I am assuming that something really bad happens and my stop can not be filled) Thanks Rob