I've never used Margin or Leverage Trading. I don't really like to trade outside my means and don't like the idea of blowing up my account. Having said that, I"m currently a retail swing trader making a move into proprietary trading and trying to wrap my head around how these companies work this aspect.... Question: For shits'n giggles, lets say I put $10K into a 10-1 leverage account at company X. I know have a working capital of $100k. If my risk management style is 1% and the trade goes against me, do I loose $1K from my $10k or do I loose $100 from my $10K?