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Old 01-09-2004, 17:34   #3 (permalink)
Bank Trader
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RE: Leverage

Keep in mind that leveraging is a tool. Leveraging your money is a good way to maximize a winning position. For example, you can add to an already existing position by leveraging. However, keep in mind that leveraging is dangerous and your risk mangement techniques must be implemented. If you bought EUR at 1.1950 and then again at 1.2025, your average is 1.19875. So why not raise your sl to that level giving you the ability to leverage and maximize your view without risking going into the red on the view. In the end, leveraging is a tool to use to maximize winning positions. Anyone that leverages over 15-1 is going to lose money in the end.
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