The trend is your friend. Managing drawdown has nothing to do with money management or trade management. Managing drawdown is in fact the focus on how to manage the trading psychology when you are in a drawdown period and how you react to drawdowns.
No, I have noticed that when the trade opens, the stop is whatever you set it to, but as soon as it goes into profit, it gets moved to break even and the further it moves into profit the more it moves. Almost like an automatic trailing stop on every trade. I check the trade though as there is no trailing stop. Very strange but more than that extremely annoying!
Wouldn't think they'd allow people from Countries that are ineligible to win to even enter... what's the purpose? I don't think too many care to waste their time with this if its not even possible to win any cash. Wishing all the best to all you awesome traders that CAN win!!!
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.