Hello Michael, huge fan of you! I started in live Forex very recently (3 weeks), started with very low live acount so i could train my emotional, after i train a lot in demo acount and started to be profitable (Trained and studied every day for about 3/4 moths). I only do trade in XAUUSD, it's is my main parity, i dont even look to other ones. I must master this one first. First week, 76% profit. Second week, lost all my profit, plus 80% of my base deposit (i managed to identify my error and mistakes). Third week, 375% profit!
Yes, It is true that XAUUSD is being friendly, however as friendly as it may seem, without technic nobody wins, i am with 74% plus hit rate now, and my greens are much higher than my reds.
So, i have a question for you budy, how long it took you to managed your first 100k?
Iam projecting 3500€ in my first year with a very low growing rate, so the result can be much higher, but iam in no rush, safety first!
Thanks for your feedback on your fixations and stuff.
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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