In this week’s episode of Line Your Own Pockets, we follow up on last week’s discussion on buying power.
There are serious risks when using leverage, so controlling risk is always the number one priority.
We discuss:
- Can you lose more money than is in your account? (Spoiler: yes)
- What happens when that occurs?
- You don’t have a “right” to a brokerage account
- Are there catastrophic risks to your trading that you’re not thinking about?
- Much more…
-Dave