Why You Need to Understand the Meaning of Leverage First
If you do not understand the exact meaning of leverage, you could suffer significant losses in the trading market. Simply put, leverage is a method of using funds borrowed from a broker to conduct transactions that are much larger than your own capital. Just like a lever can move a heavy object with little force, using 10x leverage with a capital of 1 million won allows you to open a position worth 10 million won.
However, this powerful tool is a double-edged sword. When used properly, leverage can generate substantial profits from small price movements, but if misused,