To demonstrate micro account trading can produce relatively decent profits.
However, with greater ROI comes greater risk-taking, hence drawdowns may be substantial.
In order for the strategy to be successful, careful trade selection is imperative - HIGH PROBABILITY TRADES ONLY!
- Overtrading - Poor trade selection - Second-guessing price action resulting in poor trade management - Overleveraging to the point where the system's risk threshold is exceeded. - Lack of discipline - Not allowing trades to play out completely
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.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.