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leverage and profit question

  • #1
  • First Post: Nov 28, 2009 5:07pm Nov 28, 2009 5:07pm
lets say i have an account with $1000 and i have 1:100 leverage. i use the $100,000 and get my account to $150,000. how much in real money did i profit??? $50,000 or $500
  • #2
  • Nov 28, 2009 9:57pm Nov 28, 2009 9:57pm
Quoting Rrr661
lets say i have an account with $1000 and i have 1:100 leverage. i use the $100,000 and get my account to $150,000. how much in real money did i profit??? $50,000 or $500

Neither,

starting with a balance of $1000 with 1:100 leverage simply allows you to trade 100,000 worth of currency.

real profit would be 149,000 as i see it.
  • #3
  • Nov 28, 2009 11:37pm Nov 28, 2009 11:37pm
I think on page 2 of this thread is goes over the topic of leverage. I recommend reading every post though.

http://www.forexfactory.com/showthre...t=39514&page=2
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #4
  • Last Post: Dec 3, 2009 6:14am Dec 3, 2009 6:14am
Broker ac-markets explains how to calculate profits and losses depending on the amount traded and the currency pair.
Don’t think I can post links because im new here but its on their website, educational section.
Regards!!!
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