Home Forums MYC Forum What is margin on the Forex market, what is it for, and how do you calculate it?

2 replies, 3 voices Last updated by malinka strong 3 months, 2 weeks ago
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #529536

    Gobla Bobla
    Participant
    @KowerWall

    I remember googling some Forex-related term or process too. The article was called something like “a beginner’s guide” or “basics for total newbies”. I open it, and every other word is something like leverage, exposure, etc. Are you kidding me? If that’s a guide for someone brand new to Forex, then what kind of language do they use in articles for professionals?

    #529538

    malinka strong
    Participant
    @malinkastrong

    The problem is, a lot of these articles now are generated by chat gpt or other ai tools, and no one really checks if the text actually fits the headline or who it’s for. My own research on margin led me to the idea that margin is kind of like a deposit you make to open a position, and also to trade with leverage (yeah, important term, but it just needs to be explained right). Like if the leverage is 1:100, then to open a $10,000 trade you only need to put in $100 of margin. If you don’t wanna calculate it manually, I recommend this calculator https://brokersinsider.net/margin-calculator/ . It works out how much money you’ll need to open a trade, depending on different settings. Hope that makes more sense now.

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.