What is the maximum position value you can trade (after applying leverage) if you have deposited AU$3,000 and the leverage ratio is 1:5?
Question
Solution 1
To calculate the maximum position value you can trade after applying leverage, you need to multiply the amount deposited by the leverage ratio.
Here are the steps:
- Identify the amount deposited, which is AU$3,000.
- Identify the leverage ratio, which is 1:5. This means for every dollar you hav Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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