Risk disclosure
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Trading gold (XAUUSD) and currencies on margin carries a high level of risk and may not suit you. You can lose more than you deposit.
How Zentra Scalper can lose
- It has no stop loss.
- When price moves against an open basket it adds trades, each larger than the last (by default each lot doubles). This is a martingale grid.
- It closes the whole basket at a small target, so it wins often, but one long one-way move can cause a deep drawdown or a margin call that wipes out the account.
- With the defaults, after 10 trades in one basket each further USD 1 move in gold costs about USD 1,000 (on a cent account, about 1,000 US cents).
Other risks
- Spreads, slippage, swaps and commissions vary by broker and can turn small wins into losses.
- A VPS or internet outage can stop the EA managing open trades.
- Past and live results do not promise future results.
What we do not do
Zentra Scalper sells trading software only. We do not manage money, accept deposits or give investment advice. Only trade money you can afford to lose, and start on a demo or cent account.