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As you said, the "trick would be not to be on the wrong end of a move". Don't forget that the leverage works also for the losses, the first basic rule while trading being to preserve your capital.
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My Newbie focus is learning to study and assess price volatility and patterns associated with the EUR/USD, GBP/USD, NZD/USD & USD/CHF markets. What is the typical leverage ratio for positions opened in a OANDA MetaTrader account with those currency contracts?