Risk warning

Read this before you put money behind any trading software, this one included.

You can lose money, including all of it

Gold is usually traded with leverage, which means a small move in the price makes a large change in your account. Losses can be fast, and with some brokers they can be larger than the money you put in.

Tests and demo accounts are not real trading

A test on past prices shows what would have happened, not what will. A demo account has no real orders behind it: on a real account prices slip, spreads widen around news, and orders are sometimes filled late or not at all. Real results are usually worse than tested ones.

Software can fail

A server can stop, a connection can drop, a broker can change its rules, and a program can have a mistake in it. A stop-loss placed with the broker limits a loss in normal conditions, and can be jumped over when the price gaps.

This is not advice

BaroqTech makes software. It does not know your finances, does not recommend that you trade, and does not manage money for anyone. Whether trading is right for you is your decision. If you are unsure, speak to a licensed financial adviser.

Only trade what you can afford to lose

Money you need for rent, debts or your family does not belong in a trading account.