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Today, Tim Bohen's covering what leverage and margin accounts are, their role in the brokerage industry, and how they can significantly impact your trading strategy. He breaks down leverage ratios, from 2:1 to a staggering 100:1 in the Forex market, and discusses the importance of choosing the right level of leverage for your trades. Discover the dual nature of leverage: how it can amplify both your gains and losses, making it a powerful but potentially dangerous tool. Today's lesson explores the best practices for using leverage, emphasizing risk management, the importance of starting with a cash account, and why leveraging up in penny stocks can be particularly risky. Bohen stresses the importance of discipline, building good trading habits, and the crucial step of becoming consistently profitable before considering the use of margin. Tune in as he unveils the keys to managing risk and leveraging your trades wisely to avoid the pitfalls that many traders face.
π Share this video with a fellow Trader: https://youtu.be/LgI-oJgL0tI
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π΄ Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade
β Links we mention and recommend:
π΄Traders Blueprint Free Guide: https://stockstotrade.info/3GeXH5c
π΄Check out the SteadyTrade Podcast: https://steadytrade.com
π Get Tim Bohen's Ultimate Guide To Part-Time Trading EBook here: https://stockstotrade.info/3RFakeN
β Recommended playlists:
π΄ Day Trading 101: https://stockstotrade.info/DT101P
π΄ SteadyTrade Podcast: https://stockstotrade.info/STPP
π΄ T.W.I.S.T: https://stockstotrade.info/TWISTP
π΄ PreMarket Prep: https://stockstotrade.info/PMPP
π΄ Small Cap Recap: https://stockstotrade.info/recapP
#StockMarket #DayTrading #LeverageTrading
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
π Get additional updates! Join our telegram: https://t.me/sttlive
Today, Tim Bohen's covering what leverage and margin accounts are, their role in the brokerage industry, and how they can significantly impact your trading strategy. He breaks down leverage ratios, from 2:1 to a staggering 100:1 in the Forex market, and discusses the importance of choosing the right level of leverage for your trades. Discover the dual nature of leverage: how it can amplify both your gains and losses, making it a powerful but potentially dangerous tool. Today's lesson explores the best practices for using leverage, emphasizing risk management, the importance of starting with a cash account, and why leveraging up in penny stocks can be particularly risky. Bohen stresses the importance of discipline, building good trading habits, and the crucial step of becoming consistently profitable before considering the use of margin. Tune in as he unveils the keys to managing risk and leveraging your trades wisely to avoid the pitfalls that many traders face.
π Share this video with a fellow Trader: https://youtu.be/LgI-oJgL0tI
π Follow StocksToTrade on social media:
Instagram: https://www.instagram.com/stockstotrade/
Twitter: https://twitter.com/StocksToTrade
TikTok: https://www.tiktok.com/ @stocks2trade
π¨Get Breaking News Alerts: https://stockstotrade.info/3JY5Zms
π΄ Try StocksToTrade for $7: https://stockstotrade.info/3Qqs78G
π Check out Small Cap Rockets: https://stockstotrade.info/3Rpp5D8
π² Download the STT app for iOS: https://apps.apple.com/us/app/stockstotrade-mobile/id1403963724
π² Download the STT app for Android: https://play.google.com/store/apps/details?id=com.stockstotrade
π΄ Subscribe for more free Stock Trading tips: YouTube.com/StocksToTrade
β Links we mention and recommend:
π΄Traders Blueprint Free Guide: https://stockstotrade.info/3GeXH5c
π΄Check out the SteadyTrade Podcast: https://steadytrade.com
π Get Tim Bohen's Ultimate Guide To Part-Time Trading EBook here: https://stockstotrade.info/3RFakeN
β Recommended playlists:
π΄ Day Trading 101: https://stockstotrade.info/DT101P
π΄ SteadyTrade Podcast: https://stockstotrade.info/STPP
π΄ T.W.I.S.T: https://stockstotrade.info/TWISTP
π΄ PreMarket Prep: https://stockstotrade.info/PMPP
π΄ Small Cap Recap: https://stockstotrade.info/recapP
#StockMarket #DayTrading #LeverageTrading
*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.