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Most traders begin with a concrete wish—buy a car, fund education, or save for a home. This expert reviewer explains how to convert that wish into a measurable trading plan: define the money target, translate it into pips using pip‑value and lot‑size math, and calculate required capital with a 1% risk rule. Practical XAUUSD examples and position‑size calculators are used so readers can test the plan on demo accounts before risking real funds
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.