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Fx Flash - ICMarkets Demo (By Kookoo )

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Fx Flash - ICMarkets Demo Discussion

Kookoo
Kookoo
Feb 27, 2013 at 13:10
622 Views
1 Replies
Northriver
Northriver
Member Since Feb 22, 2013   12 posts
Mar 11, 2013 at 21:17
I saw your Leverage: 1:500, the vendor recommends 1:100. Thats maybe why you have Drawdown 18.55%
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gwilym
gwilym
Member Since Feb 01, 2011   76 posts
Mar 11, 2013 at 21:26
the %DD and the %Gain are because of the high risk setting. The EA is trading 0.1 lots of a 1000USD balance. That is very high risk.
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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.