sk.fareed600

What is leverage?

The textbook definition of "leverage" is having the ability to control a large amount of money using none or very little of your own money and borrowing the rest.
For example, to control a $100,000 position, your broker will set aside $1,000 from your account. Your leverage, which is expressed in ratios, is now 100:1. You're now controlling $100,000 with $1,000.

Can you trade without experience and knowledge?

Do you agree with me trading is possible without knowledge or experience because i see many trader in market they have no knowledge and experience about trading but they are good trader and they get too much profit in trading. Do you think that is possible Forex trading easy without have no experience and knowledge? these things are important or not share your thought.
I don't think so Forex market is a place where you can make a good figure of money but you can not make it quickly if you try to doing so you will be lost your all deposit.