Leverage is a tool that allows you to open positions larger than your actual account balance. It essentially amplifies your trading power, but it also amplifies the potential risks and rewards. For example, using 2x leverage, you can open a position worth $2000 with just $1000 in your account. Please note that leverage can lead to substantial losses and should be used with caution.
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What is leverage, and how can I use it in my trades?
