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Yes if you trade the same lot size with 100:1 as if it would be 1:1.
But usually people don't do it, instead they open more trades and/or bigger trades...which results in more risk (profit/losses).
I would suggest you to open a demo account with leverage 1:1 or 10:1 and play with it. You will see the differences quickly I think.
Good idea. Will do just that
Good and once you will master it, you will answer all questions on this forum about margin and leverage :-D