Disliked{quote} Thank you once again. I can understand cost of this leveraging. I am paying about US40 a day for using leverage. And to finance this partially, I do small trade to offset this cost by about US$10 a day. It does eats into the profits that I had set initially. So this cost I have calculated that it eats into my profits of up to 10% if I hold for a few months. So when you mention a million I assume you are saying US$1 million of capital, one should no longer use leverage or as little as possible?...Ignored
Yes US$1 million of capital
Warm regards,
HDA