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The approach of using only 1% of your total capital as risk is very conservative, and that's fine at first. But the reality is that with that exposure and in m1, you're hardly going to see significant growth in your account without serious leverage. And if leverage comes into play, then emotional management has to be on a professional level. Because seeing a -0.3% on screen doesn't hurt... but seeing -901 on a real account can affect you more than you think.
Interesting about trading only EURUSD. I guess it�s because of the liquidity and the low spread, isn�t it? But honestly, that can also play against you. Sometimes that pair gets so slow that it makes you want to throw the computer out the window. What you could do is have it as a main pair but allow you to analyze two more as plan B. So if nothing interesting happens in EURUSD, you can check other opportunities without getting out of your style. Don�t lock yourself in one option.
That system based on MA100 and MA20 seems to be taken out of a 2010 trading manual. And I�m not saying it in a bad plan, but because those indicators without context of price action are not going to tell you much. In m1, each candle can fool you easily. And that the entry candle should close under the MA20... what if the closure is marginal? What if there is long wick up but small body? Do you take it the same? I recommend you define also what type of candle should be the entry candle, or you�re going to go crazy with ambiguities.
What I liked most about your diary is that you�re not looking for miraculous results and you�re not throwing yourself in full to operate with $10,001 from the start. That speaks well of you. There are many who start with big accounts and crash in weeks. However, be careful with the cent accounts. Spreads and executions there don�t always reflect what you�re going to live in real accounts. Use it to get used to the pace, but don�t take the results as a promise of future profitability.
Having a structure to scale from $100 to $10,001 in a year sounds spectacular, but do you have real experience with live operations? Because paper endures everything, but when there is real money and emotions involved, it�s another story. The difference between a demo operation and a real one is abysmal. Even if the system is good, if you don�t have well-trained psychology, in m1 you�re going to make mistakes that you didn�t even know existed. The real test isn�t technical, it�s mental.
Last week was a big one for gold. As investors grew increasingly uneasy about government debt, doubts over the stability of global bond markets pushed gold prices up nearly 5%.
📉 What Went Wrong in the Bond Market?
Two disappointing government bond auctions triggered anxiety in the financial world:
In Japan, a 30-year bond auction had its worst results in decades, with yields shooting above 3.2%.
Later that day, a U.S. 20-year bond auction also underperformed, pulling the 30-year bond yield down to 5%.
Under normal circumstances, rising bond yields suggest economic strength and investor confidence. But last week was different. Yields went up not because of growth, but because investors are increasingly afraid that governments may never be able to repay their mounting debt.
🪙 Why Did Gold Become So Attractive?
In uncertain times, investors seek safety — and gold delivers just that. It doesn’t generate interest, but it offers something more valuable: stability. Gold is globally accepted, free of credit or geopolitical risk, and not tied to any one government. That’s why institutions like the World Gold Council (WGC) are advocating for it to be classified as a High-Quality Liquid Asset (HQLA).
😬 But Not Everyone Is Reassured…
The European Central Bank (ECB) released a report last week warning that a wave of new investment in gold could destabilize the market. Their concern? Gold markets are often dominated by a few large players, highly leveraged, and opaque due to the use of over-the-counter derivatives.
✅ WGC Pushes Back: Gold Is Still Solid
The World Gold Council responded by saying the gold market remains liquid and resilient. Key points:
Gold sees around $165 billion in daily trading volume — second only to S&P 500 futures.
Even during the past six months of market turbulence, gold trading has been smooth and stable.
The WGC emphasized that gold continues to be a reliable strategic asset, especially now. As fiscal uncertainty grows, gold’s role as a hedge against systemic risk is more critical than ever.
📌 Bottom Line:
As trust in government debt weakens, gold is regaining attention. When people worry that debts won’t be repaid, they turn to something that never defaulted — gold.
And how do you plan to control the spread in m1? Because many times the stop that you find perfect on the chart is eaten by the spread as if nothing. Especially if you operate on news or just when you open London or NY. Also, brokers usually have less accurate execution on small accounts. So if you go with such a pip-measured strategy, make sure your broker is up to it. If not, your inputs and outputs are going to be constantly distorted.