knockroe posted: Just pot luck with massive risk exposure. The contest rules should restrict risk to a few % of balance on every trade and also show more than 3 days of trading
Call it what ever you like, it doesn't change the fact that he was able to compound his profit, have very accurate entries even with risking 4.25% of his total account per Pip. You guys think that trading support and resistance is the way to making money in forex, well you have scalpers who can take massive risk and bank big time! This trader proved it.
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.