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Not all traders prefer conservative trading. More and more market participants are turning to aggressive strategies and Expert Advisors, such as martingale. They involve huge risks but if you follow a few rules you can get a fairly stable profit.
The meaning of XAUUSD is the abbreviation for the gold and USD currency pair, and this is one of the most popular pairs on Forex. However, for beginners who just discovered XAU/USD in Forex, it would be better to gain some experience first and only after that try various gold trading strategies.
The size of your future income will most likely depend on the type of account you choose. Your choice should be mainly based on your knowledge level, trading experience, trading strategy, and the number of funds you are willing to invest in.
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