Do you know about power of leverage?

Question

Power of leverage works, its amazing...comments

Answer 1

Yes , the power of leverage can be a wonderfull thing, But it is a two edged sword. you can multiply your gains if you are right on a trade, but multiply your losses if you are wrong on a trade.

how often are you right?? how often are you wrong? The worst thing you can do is win big the first time you try it. You will fall in love with the concept and lose your shirt eventually.

If you want to invest, slow steady, low risk, non leveraged plays are best.

Answer 2

Leverage simply means buying something by borrowing money. If the performance of the thing you buy is better than the cost of borrowing you win, if not you lose.