With great power...
Psst: do you want to know a secret? There’s a way to make money using other people’s cash – and it’s completely legal. Introducing the nifty tool in every pro trader’s arsenal: leveraged trading.
Give me the lowdown.Leveraged trading is all about borrowing money to make a trade or longer-term investment. The basic principle is simple. Investment gains are always expressed as a percentage return: your Uber shares go up by 1%, say. If you’ve got $100 worth of those shares, you’ll stand to make $1 – better than nothing, but not great. But if you’ve got $10,000 worth of Uber shares, that 1% gain will make you $100 – enough to justify upgrading from the bus for a change 🤙
The problem is, you might not have $10,000. And even if you do, it might be locked up in other things – you won’t
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