Live performance test of the IBT Auto signal service. In a greedy effort to give the account a small boost I started our lot size at 0.03 lots instead of the recommended 0.02 lots for a $1,000 account. This is why our drawdown on this live test is larger than the drawdown on the demo test.
I plan on leaving it at 0.03 until the balance reaches $2,000, then I will raise it to the recommended level of 0.04.
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.
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