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Leverage In Forex Trading

Leverage is the most vigorous aid in Forex trading. It is also referred to as a double-edged sword. Remember what Stanley Druckenmiller said referring to what Soros taught him? “Soros has taught me that when you have tremendous conviction on a trade, you have to go for the jugular. It takes courage to be a pig. It takes courage to ride a profit with huge leverage.” This statement justifies why leverage is a double-edged sword. Best broker with high leverage can either significantly increase your profits or make you deserted not only financially but also psychologically.

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