Disliked{quote}-You are paying $599 for a $600 account with high leverage, rules, restrictions, limitations and mandatory profit split etc.. {quote}-If your draw-down is 600, then that is your account balance. If you start with 600, but you have to make 1k profit (10% of 10k), then that is actually a 166.67% gain, not 10% as claimed. So, if you start with 600, make 1k profit, you now have 1,600 in the account. When they 'double' your account to '20k', your new draw-down becomes 1,200, presumably, even though you technically have 1,600 in the account. The...Ignored
So in a 10K account, I want to make 10%, I have to make 1K net to get there. In this case, I can;t have a dd larger than $600.
In a $600 account, aiming for $60 and can't have a dd larger than $36.
I can't trade a $600 account and make it $1600 in a short time. Who is asking me to do that?
Unless you are talking leverage?
In that case, my use of leverage is very minimal anyway and I always trade a 10K account like it was a 1K account.
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