Hi, Rookie question for the traders in the currency futures arena: Can anyone refer me to some good work papers I can use to do the math required to figure out the role leverage plays in trading currency futures contracts?? I would really like some feedback from the guys who have worked through it and understand the vital role in leveraging your cash and how to protect yourself and to what degrees you are able to protect yourself. e.g. put on a leveraged trade and to what degree that trade can go against you before you are wiped out. I'm trying to calculate the degrees of risk and how rapidly it can accelerate against you....so I can put in measures to prevent being wiped out.