When trading CFD the more the market moves in the direction you predict, the more profit you’ll make, and the more the market moves in the opposite direction, the more you’ll lose.
Due to the fact that CFD trading uses leverage this makes both profits and losses magnified.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 45% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.