[WARNING] Gold Trade · Trade Algorithm Elite

[WARNING] Gold Trade

Hi everyone,

As you probably noticed, Gold opened a third trade today. A win! 90% of you will have been fine anyway, but just in case anyone has incorrectly measured their risk per trade, against their daily drawdown allowance, I would check that you still would have had the allowance to lose this third trade.

My allowance is 4% minimum on my accounts, and I risk 1% per trade, so I would have been fine. Just make sure you have the allowance to lose this 3rd trade (worst case scenario).

NOTE: A loss is roughly 1.1%, so you need some margin on your allowance.

It was a winner, but better to be safe than sorry for the future. Check, check, and check again.

Best,

Euan

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