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On March 16, local time on March 15, the Russian Ministry of Defense reported that the Russian army controlled the two settlements of Rubanshina and Zaoleshenka in the Kursk Oblast during the offensive operation, and attacked Ukrainian tanks, infantry fighting vehicles and other targets. The Russian Ministry of Defense also reported that the Russian engineering troops have begun mine clearance operations in the Kursk border area to restore normal life in the area as soon as possible.On March 16, the Sasebo Regional General Headquarters of the Japan Maritime Self-Defense Force announced that a minesweeper sailing in the waters near Karatsu City, Saga Prefecture, caught fire in the evening of the 15th and was subsequently extinguished. The fire did not cause any injuries to the crew members on board, and no oil leaks were found. The minesweeper returned to Sasebo Port in Nagasaki Prefecture on the morning of the 16th local time under its own power.According to NHK, Japan will invest 100 million euros in a French rare earth project.On March 16, JPMorgan Chase made a pessimistic forecast about Teslas prospects: the brands quarterly deliveries may hit the worst record in three years. Specifically, JPMorgan Chase lowered Teslas delivery expectations by 20%, from the initial estimate of 444,000 vehicles to 355,000 vehicles. Moreover, the original forecast value was slightly higher than the industrys general consensus of 430,000 vehicles. In addition, the agency believes that Teslas stock price still has room to fall sharply, possibly to $120 per share, almost half of the current stock price. At present, Teslas market downturn is just over halfway through the first quarter, and the final impact may not be clear until the second quarter financial report is released. JPMorgan Chase pointed out that Teslas current predicament is "unprecedented" in the automotive industry. "In the history of the automotive industry, it is difficult for us to find similar cases-the market value of a brand can shrink so much in such a short period of time."On March 16, the Yemeni Houthi armed forces said on the 16th that the US militarys air strikes on many places in Yemen on the 15th have killed at least 20 people. The Yemeni Houthi armed forces also stated that they will not remain indifferent to the US military attacks. The Houthi armed forces are fully prepared to "escalate against escalation." The Yemeni Houthi armed forces said on the 16th that the US militarys air strikes on many places in Yemen on the 15th have killed at least 20 people. The Yemeni Houthi armed forces also stated that they will not remain indifferent to the US military attacks. The Houthi armed forces are fully prepared to "escalate against escalation."

what is leverage?

LEO

Oct 25, 2021 13:27

Simply put, leverage gives you the ability to trade beyond your account funds. With leverage, you can double your trading in a certain financial instrument without having to pay all the required funds. This means that you borrow a certain amount of money needed for the investment. So when you trade with leverage, all you pay is part of your position value.

A CFD is a form of leveraged trading. As the amount required to open and maintain a position is called "margin", leveraged trading is known as "margin trading". The term "leverage" is often used to denote that a small fluctuation in the price of a CFD can be magnified into a large change in profit and loss, with the degree of profit and loss depending on the degree of leverage used.


For example, a $1,000 balance with a 1:50 leverage ratio has a trading ability of $50,000, allowing traders to purchase financial products worth up to $50,000. 

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