The topic of leverage in the Forex market tends to cause a lot of confusion. What is it and how does it work? Are there advantages or disadvantages? Unfortunately, the answers to these questions often go unanswered. It’s unfortunate because using excessive leverage is one of the leading killers of Forex accounts. In fact, I would argue that it belongs at the top of that list. The good news is that you found this post. By the time you finish today’s lesson, you will know what leverage is and how it works. You’ll also have a firm understanding of how much you should use when trading currencies. I’m even going to share ... (full story)