Considering getting into Forex Trading, but before diving into deep learning and research and practice accounts I wanted to find out how much you can actually lose when trading on margin. When you trade on margin, is your margin the most you can lose or can you actually lose a large % of the trade amount and end up in debt? For example, if I have a $250 margin and with that I control $10,000. If a trade goes really bad does the brokerage house automatically sell my position once I’m at a $250 loss to protect them/me? Or can I lose thousands of dollars and end up owing the broker money?
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