/biz/ - Business & Finance

>>	Anonymous Fri Mar 24 17:45:28 2017 No.1895784 [View] File: 31 KB, 483x383, pepe the lad.jpg [View same] [iqdb] [saucenao] [google] Bitcoin, ETH, MiloCoin, XMG, BitBay, Lepen, IOC, dogcoin, Ripplecoin, feathercoin, Viacoin etc. >mfw you will never own a coin cuz you are not braindead

Leverage Anonymous Fri Jan 6 06:33:31 2017 No.1711952 [View]
File: 31 KB, 483x383, pepe the lad.jpg [View same] [iqdb] [saucenao] [google]

Can someone explain me what leverage means? If I understand correctly it means the following
>you have 1000$, the stock is 100$ and the leverage is 1:10
>for 1000$ you can buy 100 stocks (1000$ x 100$ * 1/10 )

If a stock goes up by 1$ you will get 10$ becouse you "own" 100 stocks and it works the other way around.

Amirite biz?

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