Quote:
Originally posted by robertvo
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
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If your broker does not offer guaranteed stops, then yes, you will be exposing yourself to the possibility an adverse gap opening.