how to reduce loss at micro accounts.

[AbidNazir]

Drawing from my own personal journey, I successfully increased my initial capital from $1000 to $1670. For those with limited capital, specifically $1000 or less, it is highly beneficial to implement a small Lot Size within the range of 0.01 to 0.5. This approach substantially mitigates the risk of encountering substantial losses. By utilizing a small Lot Size, Galileo FX effectively limits the amount of capital exposed in each trade to a minimum. To minimize the potential impact of significant losses, it is strongly recommended to opt for a Lot Size of 0.01.

 

[jcorvera]

Thanks for your reply. Did you recommend certain operation hours to minimize the potential of losses?

 

[GusV]

Awesome! I'm a newbie. I shut off the' auto trading' and it still is trading?? Thx! Gus