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GDFX
FGT-Real01
in
Trading Systems
Aug 28, 2011 at 11:27
You can't trade this EA with $1000. 5% drop in gold price will wipe out your account. It is a great money maker but you need at least $5000 with fix lot of 0.01. Before trading any EA you need to understand leverage risks
FGT-Real01
in
Trading Systems
Aug 12, 2011 at 07:32
gold is not going "down" . It's going up all the time. What you see is the price fluctuation. I love when gold goes "down" that's when the system does all the buying. I would never do sell orders on gold. You really should have $2000-$3000 and fix lots to 0.01. Don't do dynamic lots. I wouldn't use stop loss. Remember gold is gold, the king. It is a real currency for thousands of years. I is not a paper crap called $ or euro
FGT-Real01
in
Trading Systems
Aug 12, 2011 at 04:01
it's gone down! now is going up again, than it will go down again and up again.... over and over again. That's how you make money with FGT. Just make sure you tune up your capital with the settings so you have enough margin to comfortably cover DD of $100-$200 drop in gold price. You can do it with any account size. Some trader are so greedy they blow their accounts with $30 drop in price
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