What Are Leverage And Lots Flashcards
1
Q
What is a lot?
A
A contract being made of a certain size
Purchased in bundles of units called lots
There are standardized contract sizes
2
Q
Volume and lot are used
A
Interchangeably
3
Q
What is leverage?
A
Leverage is a strategy that uses borrowed money to increase potential future returns.
4
Q
What is maximum leverage?
A
True leverage
What you actually use at any given time
