Utilize leverage cautiously to amplify profits from "summary" of Profiting With Forex by John Jagerson,S. Wade Hansen
Leverage is a powerful tool in the world of forex trading. It allows traders to control a large position with a relatively small amount of capital. This can lead to significant profits, but it can also result in substantial losses if not used carefully. When utilizing leverage, it is important to proceed with caution and be aware of the risks involved. While leverage can amplify profits, it can also amplify losses. Therefore, it is crucial to have a solid risk management strategy in place to protect your capital. One way to use leverage cautiou...
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