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Forex trading is aided by leverage. It’s also known as a “double-edged sword”. Stanley Druckenmiller spoke out about the lessons Soros had taught him. “Soros taught me that conviction is a prerequisite for trading. I have learned from him that you must go for it. To be a pig requires courage. It takes courage and a lot of leverage to make a profit.” This is why leverage is such a dual-edged sword. You can make a huge profit or be left behind psychologically and financially by using leverage.

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