I don't get the need for popularity contest. Unless he's trying to sell a book or some kind of copy signal service. Then @Baron would come knocking for his cut lol.
You are right. I want to publish a book. In order to persuade the book editor of the publishing house to help me, I need clicks and discussions.
When you get lonesome in your mother's basement, the Net is often the only place where you can get some attention, as delusional as it's sound.
When did you say 5 digit accounts?Check back your post and there were no mention of 5 digit. What you said were they offer high leverage account and then switch to low leverage account to force your your loss due to losing positions on low leverage. And I never heard forex brokers change leverage when your account grow. And I know plenty forex brokers offer 500:1 leverage on 7 digit accounts. This is the links your post provided. https://www.litefinance.org/trading/account-types/cent/ https://www.hfm.com/sv/en/ Tell me where on their web they say they would change leverage if your account grow? Or you meant they don't tell that but when your account grow they would do that without any mention on their web? Then you are accusing them treating. Stop spreading false information.
I'm screenshotting from couple places cause you're too lazy too read the fine print or just too dumb to know how real world works in trading. \ This is true for all brokers. Some are more transparent than others.
I generally don't punch-down in FX/CFD/degen threads but it's obv the guy is fake and WTF cares? He's trading microlots and doing the padu $100 blowout challenge. Stop feeding the troll. The only one who benefits is Baron with page clicks.
This. Guy trades every 40 seconds with the bot. Gets long at the high and doesn't trade again for weeks. Right. He bot the high and blew out.
It absolutely makes my point. I can't help that you are unwilling to see the illogic of your position.
Well, I wasn't arguing about opening multiple positions. I was talking more about the FIFO accounting. I'm not nuanced with CFDs, but from the quick glance, it's my understanding they also observe the FIFO rules. But if you see the OP's trades, it's all convoluted. It doesn't even look like they're "last in, first out".
In what weird universe is taking 30-50 times the risk compared to the reward risk control management?