Hi Shemski, I had been trading naked every since technical indicators and expert advisors had given me false hope of profiting for the long term, for my entry and exit I use price action with the news as my indicator on choosing pairs, this strategy ...

Any Naked Traders in here?

I think the most acceptable draw down would be 30%, anymore than that is simply due to irresponsible trading.

What do you consider as "acceptable" drawdown

It is better not to claim any bonus, my recommendation 'Stay Away From It'.

XM

I do know that a hedge fund company in Toronto uses 1:50 for low risk strategy, 1:200 for medium risk strategy and 1:300 for high risk strategy. In my personal experience I would trade with 1:200 leverage, hope this helps.

Veteran forex traders, how much leverage do you use to trade?

I started out trading with CMC Markets, the main concern every new trader must consider are the deposits and withdrawals. The deposits and withdrawals were without any issues, there was a time when the loss was 30% of my equity I was able to cash in ...

broker for newbie