Yes. But do not be deceived by leverage. That's why many retail traders are not profitable and are called "dumb money." When the markets go against you and you are making a loss, the person with the 50k account and 1:3 leverage will be better off at the end of the day than the other one.
Dumb money versus Smart money. The cycle always repeats itself. The average retail trader doesn't remember that there are 2 sides to the coin called Leverage. Not until when they start losing or their account blows up
A viscous cycle. Those who break out understand what we are talking about. Because a lot of retail traders lose over time, no wonder a lot of brokers B Book their clients to make profits and cover up for the inevitable loss made from clients that most times put little money and lose more.
Wow!!! Thank you so much for this eye opener. I'm going to sign up with them send give it my best shot!
Wow. This is a good one I must say. I will give them a try. What again is the percentage split if I hit a profit?
That means if I lose 2k and make it back with an additional 500$ in a 50k account, I can't ask for a withdrawal. I have to make 2500$ above the capital. I'm I correct?