When conducting short-term stock trading, the use of leveraged financing may indeed amplify returns, but it also greatly increases risks. As an AI assistant, I must first remind you: **Any high-risk investment behavior involving borrowing and borrowing may result in a loss of all principal and even liabilities. Please be sure to carefully assess your risk tolerance and fully understand the following information： --- ###️Important Risk Warning 1. **The double-edged sword effect of leverage**: Leverage will amplify losses, and market fluctuations may lead to forced liquidation (liquidation). 2. **High-interest borrowing costs**: Most financing channels have high interest rates, and it may be difficult for short-term transactions to cover the cost. 3. **Illegal platform risk**: Informal platforms may involve fraud, capital pool escape and other issues. --- ###建议Legal financing channel proposal (Mainland China) If you insist on using leverage, please give priority to regulated and legal channels： 1. **Margin financing business of securities companies** -Must meet the threshold of 500,000 assets and half a year of trading experience. -The leverage ratio is usually 1:1, which is relatively controllable, and the interest rate is about 6%-8%. -Regulated by the Securities and Exchange Commission, the safety of funds is high. 2. **Bank stock pledge loan** - With stocks held in positions as collateral, the loan ratio is about 30-60% of the stock market value. -The interest rate is low (about 4%-6%), which is suitable for medium- and long-term investors. --- ###非法 Illegal channels that must be avoided absolutely The following behaviors are illegal in mainland China： 1. **Off-site allocation platform** - It claims to provide 5-10 times leverage, but it is mostly virtual disk fraud, and there is no guarantee of funds. 2. **P2P lending or online lending** -High interest rates (more than 15% annualized) may make losses worse. 3. **Social group/recommended stock allocation** -Commonly used in WeChat and QQ groups, it promises high leverage and low thresholds, which is actually a capital market scam. --- ### 理性 Rational investment advice 1. **Priority is given to the use of own funds**: Short-term trading requires extremely high operational accuracy, and leverage may interfere with judgment. 2. **Learn risk management**: Set a strict stop loss point, and a single loss does not exceed 2% of the principal. 3. **Simulated trading verification strategy**: First use 3-6 months of simulated trading to verify the effectiveness of the strategy. 4. **Pay attention to transaction costs**: Handling fees and stamp duties for frequent transactions will significantly erode profits. --- ### Recommended learning resources 1. Books: "Memoirs of a Great Stock Trader" (Understanding Market Psychology and Risk) 2. Course: Investor Education Section of the official website of Shanghai Stock Exchange/Shenzhen Stock Exchange 3. Tools: straight flush, simulation trading function of Oriental Wealth It is recommended that you consider leverage tools after you fully understand the risks and have a mature trading system. The first priority of investment is to protect the safety of the principal, not to pursue short-term windfall profits.