๐ Crypto Beginner Tip: What Does 10ร Leverage Mean?
10ร leverage means a trader can control a position that's 10 times the amount of their margin.
Example:
$10 margin ร 10 = $100 position size.
โ ๏ธ But leverage increases losses as well as potential gains. A small price movement against your position can have a much bigger impact on your margin.
Always understand liquidation, margin, and risk management before using leverage.
#crypto #Binance #TradingEducation #Leverage #CryptoTips
10ร leverage means a trader can control a position that's 10 times the amount of their margin.
Example:
$10 margin ร 10 = $100 position size.
โ ๏ธ But leverage increases losses as well as potential gains. A small price movement against your position can have a much bigger impact on your margin.
Always understand liquidation, margin, and risk management before using leverage.
#crypto #Binance #TradingEducation #Leverage #CryptoTips