 leverage What's up money? Geeks of V here. Welcome to another video guys. So into this video We are going to talk leverage on the webo platform So if you have a margin account on webo, you certainly you know that one of their advantages of having a margin account Is that you have leverage and what's leverage? So leverage is just an opportunity To be able to treat with more money than you have in your account So let's say you have $2,000 in your account Leverage can give you up to $4,000 To trade with in that way you can maximize your profit and the process. The only downside is that you can also increase your risk of Losing that money because if you lose that money It's not just your money because you borrow that money from webo You have to pay it back. Whereas if you just invest it with your own money and you lose it That's on you But before we get started guys, if you're new to the channel, we talk about how to earn money How to save money how to invest and build wealth So if that's something that interests you go ahead and hit that subscribe button and the notification bell so you don't miss out on new content so Webo offers you leverage. So you have what you call day trading leverage. So intraday Leverage which means that between the hours of 8 30 center time when the market opens for me and 3 p.m I think even with extended hours you are able to to use leverage So when it comes to leverage on Webo, you have their overnight leverage and you have their Intraday leverage. So if you are trading, you know, you're doing day trading You can you can do up to four times the amount in your account So if you have $2,000 we both can give you up to $8,000 to trade within that day If you want to hold the position overnight They give you up to two times the amount that you have in your account And so these are the leverage does vary by the stock that you're trading So it's not like it's across the board So each stock that you have on Webo would have its own leverage and we both can we both does show you What the leverage is on that stock? So I'm going to show you guys how to see the leverage on each stock before you can treat it on the Webo platform It's pretty simple. So it's jump right in and I'm going to walk you guys through it and show you so that you can put that on your You know on your layout or on your dashboard so that if you want to treat this stock You can easily just hover over it and see what the leverage is for Day trading and the leverage is for overnight to see if that's something that you're comfortable doing So let's jump right in. So basically once you log into the Webo platform And again guys, this is this is my precedent setup You can also customize this setup to fit your your particular needs or you don't have to Do the exact same thing but once you log in on this platform on the Webo web app application What I want you to do is go down on their Trade the trade tab you see here. So on the left side if you go down a thing number three I'm all the way down. You would see say straight. I'm gonna hover over it. So you can see here once you click on trade You have your dashboard like I have here set up. So here's my watch list And here's my level two information here is my order entry form Likewise, you know here says quote. So this is the one that I want to show you guys Today so you can actually move this around if you wanted to but so I have mine sitting right here right here So so may move it back in place, but here's how you can actually add this and then I'll show you how to read The leverage information so if you go if you go to widget on the top Right corner here. You click on widget. It's gonna open up you go to stocks And then click on quote so that's gonna show you here on your screen So you can move this and dock it any way that you want based on your own particular layout Again, this is my layout. It works for me. So find your layout that works for you. But once you have this Most people always have the issue of these particular Widget not matching all the other widget on the screen. So I'm gonna show you what I mean by that. So Let's say we I'm gonna just put this down here for now Notice that right here and showing me ticker symbol a APL. That's Apple, but on my screen here. I have I P O B, right? So if I if I switch to ticker symbol here, let's say I switch it to Nike Notice that down here This this quote window is still showing me Apple and why is that whereas everything is showing me? You know Nike so the simple issue is that there is a Group setting that you have to do so if you hover on this quote my widget Just hover over the gray minus sign. We say set group you click on that I set my group to group one so everything on my screen is one one one group one So once you set it to group one see now switch to Nike. So I just want to give you guys that little tip But once you have that now, this is where get interesting. So I'm gonna bring it up here So you guys can see again, you can move this window this widget any way you want So here at the bottom right corner if you hover over this it says NASDAQ total view So this is where you have level two information. So right now. I'm subscribed We bow again. It's free if you sign up and deposit a hundred dollars you get You get a free stock and you get level two information And then if you hover over you see the dollar sign the yellow dollar sign in the middle That's where you see leverage information. So right now. It's telling me that for Nike I have for day trade. I have four times the leverage So if I have two thousand dollars in my account, I can get four times what I have in my account And then overnight leverage is two times so I can I can use four thousand overnight It does means my account and then you'll give me another two thousand dollars for me to be able to To trade overnight, which is which is awesome. So that's where you can see that So if you choose a different stock, so let's take for instance sumo see right here It shows me that there's no leverage for this particular stock. So I cannot do leverage on the stock This stock you started trading today. Maybe that's why but see there's no leverage and then if you if you click another stock Let's say Tesla If Tesla loads, okay, so right now if I click on Tesla you can see that I have No Leverage here. So if I if I hover over leverage, okay, look at Tesla Tesla gives me two times For day trading and two times overnight, which is different from Nike Nike gives you four times overnight Tesla gives you two times overnight. So Sorry, Tesla gives you two times day trading and two times overnight Why Nike gives you four times day trading and two times overnight? So that's how you can actually figure out what kind of leverage you have In in in the Weibo platform. So I like I said, I do have this widget with means so that I can use it To trade is when I get to a stock I could just hover over this You're telling me what my leverage is before I can actually jump in and start trading So basically leverage gives you an opportunity to take advantage of the market So you can make more profit, but the downside of that is you can also lose more money So if you take let's say a 4x leverage If you have $2,000 you get 4x means up to about $8,000 again in a position Dexing drops down $2,000 So whatever you're left with is that leverage and you owe that money if the if you were to lose and get out of your position If you lose your $2,000 plus some of the money in the leverage and then you owe webo And you have to to pay back so be smart with leverage I would say use leverage mostly for day trading. Don't use it for swing trading, which is overnight It's very risky because you don't know which direction the market is going to go overnight So be very very cautious with that. That's my take. So let me know in the comment section What do you think do you use leverage overnight or do you use leverage just for day trading like I do? Let me know again in the comment section again If you're new to the channel will talk about how to earn money how to save money how to invest and build Worth if that's something that interests you go ahead and hit that subscribe button And the notification bell because that's very important so that you don't miss out on new content Also, if you are looking to get started with investing and you're thinking where do I start webo is The platform that we recommend So if you sign up and deposit $100 you get a free stock and also you get access to level two information Which shows you the bid and the ask prizes For stocks when you're trading so you know exactly when to get in and out and as always guys Stay motivated You