Forex Risk Disclosure
Forex traders should be made aware of the risks associated with spot forex trading. Along with the potential rewards steps should be taken to minimize risks. Always trade the forex with a stop order in case of unexpected news or world events. The spot forex is also a leveraged market. Trading at 50:1 or higher leverage means you put up less money but the movements are exaggerated and volatility will be much higher. Demo trading and trading with micro lots for a period of time will assist traders in gaining experience with our trading system and is in fact a requirement. Only trade the forex with risk capital. Risk capital is generally defined as 5% of your total liquid net worth excluding any real estate of physical possessions. You must be prepared to lose all of your risk capital.
Check with your broker on this. Make sure the stop orders you place are guaranteed fills, in case of weekend volatility and price gaps on the Sunday afternoon market open. There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of computer hardware, failure of internet connection, software bugs and glitches, and reliability of your Internet Service Provider (ISP). You may wish to employ computer backup systems and contingency plans to minimize the possibility of such system failure. Trading via telephone is available from most brokers, please be sure you have your brokers phone number and your account number handy in the case it is needed.
MT2 Enterprises, LLC. is not responsible for communication failures or delays during trading hours or accessing the Forexearlywarning website via your ISP from your location. Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. The Second Opinion trading plans are prepared based on current market conditions only. MT2 Enterprises, LLC is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance of such information or website access. MT2 Enterprises, LLC has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change, update or correction at any time without notice.