I'm new here and only recently started investing. Ive opened a managed spot gold account, just starting small for now.
they are a international company but only relatively new to Australia. Ive been talking to their traders a fair bit and there is no doubt they are very clever people and the numbers they have shown me of their work are very impressive.
I have also watched them trade and they do know what they are doing.
however I understand it is not always smooth sailing and there will be bad times.
my trader gives me the option but advises that I only risk 1 or 2% of my capital per trade. this is obviously for safety but he says he can still make my balance grow this conservatively.
anyone have any thoughts on this?
thanks for your help