If the underlying currency such as a buy trade on EURUSD moves down -1% in price your trading account will also lose 1% risking 0.01 lot per 1000GBP.
We take up to 3 trade as described in the filtering section. Meaning our account could typically lose up to 3% per currency per day. We trade 8 symbols so that means in volatile environment we could lose 24%. In extreme market conditions where prices lose 2% we could lose up to 48% of our account.
If the underlying currency such as a buy trade on EURUSD moves down -1% in price your trading account will also lose 0.5% risking 0.01 lot per 2000GBP.
We take up to 3 trade as described in the filtering section. Meaning our account could typically lose up to 1.5% per currency per day. We trade 8 symbols so that means in volatile environment we could lose 12%. In extreme market conditions where prices lose 2% we could lose up to 24% of our account.
If the underlying currency such as a buy trade on EURUSD moves down -1% in price your trading account will also lose 0.25% risking 0.01 lot per 4000GBP.
We take up to 3 trade as described in the filtering section. Meaning our account could typically lose up to 0.75% per currency per day. We trade 8 symbols so that means in volatile environment we could lose 6%. In extreme market conditions where prices lose 2% we could lose up to 12% of our account.
On large accounts > £4000 we suggest using Tier 3 risk. Please be aware of the risks involved in FX trading and keep stop losses at 2% minimum in price fluctuations from where the trade was opened at all times.
Account not in a base currency of GBP will need to adjust lot sizes for their account currency such as EUR, USD or SGD. Lot sizes will not be the same if the account is not in GBP.
Golds volatility is 2 to 3 times higher than the major currencies we trade so you need to accommodate this. 0.01 lot on XAUUSD per trade should only be used when you feel comfortable risking 0.03 lots per trade on major currencies.
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