My strategy is to create a $5 account at 1:3000 and trade high volatility news by placing buy and sell orders above and below the price with a trailing stop to ensure profits and avoid losses. In this way, even if the candle does not follow what was announced, I always win and do not burn the account by operating from less to more leverage. There are even bots that do it alone, there are people who do it, is it possible?
For sure. It must be just as easy as that. It stands to reason.
As you say, you can’t lose.
That’s why everyone’s doing it all the time, and we’re all trading from our yachts in the Caribbean.
Besides, brokers offering 1:3,000 leverage are guaranteed to be well-regulated enough to pay everyone out, all the time, aren’t they?
What could possibly go wrong?
Please tell me you’re kidding, Miguel? You can’t really believe this?!
there is no strategy that make you always win; i suggest you try this in a demo account with exactly same situation that you want to do in a real account and the information you will get will be very helpful for you
On NASDAQ, I have 20:1 leverage and my full position would mean 1000 points takes my account to zero (not possible, but for reference). Divide that by 150 means 6.6 points wipes you out. The spread is basically going to kill you…
May i suggest…Go ahead and post your trading journal so everyone can see just how wrong and delusional someone can be. Please.
I’m not trying to offend anyone, but being realistic really does help.
Have you tried it? If not, how do you know whether it works or not
Miguel, you started the thread to ask a specific question (“Could I … …?”).
Five members have answered, explaining that the answer is “no”.
One could be forgiven, I think for asking: was your purpose in posting to try to learn something, or to tell everyone that you’re right and we’re all wrong?
It’s fairly easy, Miguel: all you need to do is look at the arithmetic explained in Chesterjohn’s post above.
If that, and the fact that so many experienced traders are all answering your question by telling you the same thing, don’t help you, it’s really not easy to understand why you asked for advice in the first place. All I can suggest is that you try it yourself a few times on a demo account until you see for yourself why it won’t and can’t work safely.