Disliked{quote} yeah yeah i was saying that, then wht i should do now brother any suggestion?? :3Ignored
Disliked{quote} but i only have 800$ left, so how much lots i should buy at 4700? can you suggest that please?Ignored
As a matter of fact, given the penchant for the XAU/USD to routinely have minimum 500+pip trading range in recent times and sometimes hit 1000+ pips like yesterday, you shouldn't be leveraging more than 20:1 or 25:1 AT MOST. Honestly? You're better off sticking to trading sizes of 0.16 lots or smaller for an $800. For 0.16 lots, you still make $160 per 100 pips, and it's easy to get several hundred.
If you want to buy a lot or more in any currency pair, go with stable major crosses. Not gold. Not the dragon (GBP/JPY).
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