Forex Leverage And Margin Explained for Beginners

What does forex leverage and margin really mean? Here it's explained so that forex beginners can understand how Leverage and Margin are related to each other. Is 500:1 leverage a blessing or a curse? Let's go online and get some real world advertised leverage examples and learn how it's calculated. Next we will learn how to structure our trading for success that may just save your trading career. Understanding leverage and margin and learning not to abuse it is MANDATORY. You need this education to develop a consistently profitable trading plan.
This video includes a free script I'm giving to my Patreon Patrons and archive subscribers that is used to see what margin is required on your account for each pair.
0:00 Intro
1:00 Disclaimer and Leverage Definition
2:00 Rich Uncle example
4:00 How to trade without a broker.
5:00 What 50:1 really means
7:00 The problem with 500:1 leverage for newbs.
9:11 Lotsize and Risk Management Discussed
12:06 Reward to Risk Discussed
12:40 Using forex.com site to determine margin amounts.
13:20 Using my "GetMarginRequired" script on the charts.
14:29 Using a calculator to figure margin
16:18 We open a trade and see that margin in use.
16:58 Review of all of the terms and trading practices.
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