How to Grow a Small Trading Account FAST - Day Trading !!
Day Trading with a small Trading Account? Here's is the proper and professional way on How to Grow a Small Trading Account Fast in 2020 using money management and Intraday Trading Strategies that are proven to be profitable by professional day traders.
Do you want to make money. and grow your small account from 1000 to 10000 dollars in just one month?
Well, that's not happening anytime soon.
If you want to realistically grow your small account
in 2020, I've mapped out a simple blueprint that you will find helpful.
Remember, those YouTubers who turn 500 dollars into 1 million in just few months? Well, they are taking crazy risks and they do it for the free marketing. If you manage your money like them, you will probably blow up your account. You have to set realistic goals that will still get you that dream car in the long run.
I'm pretty confident that what you will find in this video, not only helpful, but you will also start applying it with your trading style.
This simple thing completely change my expectations towards profit gains, and made me no longer paranoid of losses that came in a row.
If you are a beginner trader, the biggest enemy you will face at the start, is your trading mindset. Let me try to change that, by showing you how to think like a professional.
First and foremost, to think like a professional trader, you have to go back in your past and analyse the stupid trades you took for no reason. Analyse what good trades you took that made you confident. For me, my biggest downfall was Over trading. Before i found, what i call the blueprint to grow a small account, I was taking absolutely stupid trades. It already took a long time to find a profitable strategy that worked, and was not just some thing that someone was trying to sell me. The only thing that kept me from becoming a profitable trader was a traders mindset. A mindset to look into the future. Not to look at how much profit i make per day, but how trading will make a lot of money in the long run.
But that's boring. Who wants to wait years to make money. Everyone wants to get rich quickly. But when I calculated the number of trades i needed to make good money quickly, my profit gains began to increase. Since then, I have had 2 straight months of green days, two times in the last 2 years. That's making money almost every single day for 2 months straight. The reason, why I say almost every day, is because i don't find trades every single day.
Let me show you how i was able to make money using a small trading account.
...Story of bill in video...
Now, This is Bill the second. He saw first bill losing all his money in trading. He analyses the trades the first Bill took. Bill the second, also wants to make millions. But without blowing his account. He creates a simple, working, and realistic strategy.
Bill starts with a 10000 dollars account. He calculates how much money he has to make per month, to make his millions. He figures out, that to make 1 million, he only has to make 20 percent per month. 20 percent per month, is around 200 percent per year. That's what average professional trader makes. Bill knows he is not going to make 20 percent every single month. Sometimes he will make 15 percent, and sometimes 25 percent.
But forget about 100000 or 1 Million. Even if you turn 1000 dollars into 2000 in one year. You would have done what 90 percent of traders fail to do. You will become a profitable trader.
Now Lets see how much you will make with only 500 dollars. First year around 1500. Second year around 5000. In third year. You will have around 18000 dollars. More than 50000 in the 4th year. And more than 100000 dollars in profit in the 5th year. That's a good profit as a trader.
Before you start trading, My suggestion is that you find a strategy that works for you. For me, simple support and resistance with V WAP indicator works beautifully. It only works with the win rate of 60 to 65 percent for me. But I've had many green days in a row because i take more profit than the risk i take on a trade. Just like bill the second.
I have a few strategy videos here on this channel, that are suitable for traders with a small trading account. Such as the V WAP strategy. If you want, you can watch my other videos to learn about the V WAP strategy. But you should only risk your money on it after you have back tested it couple of times. Smash that like button if you liked this video.
For more Free Trading Videos, Subscribe to this channel now and ring that notification bell. And thanks for watching.
Видео How to Grow a Small Trading Account FAST - Day Trading !! канала TRADING RUSH
Do you want to make money. and grow your small account from 1000 to 10000 dollars in just one month?
Well, that's not happening anytime soon.
If you want to realistically grow your small account
in 2020, I've mapped out a simple blueprint that you will find helpful.
Remember, those YouTubers who turn 500 dollars into 1 million in just few months? Well, they are taking crazy risks and they do it for the free marketing. If you manage your money like them, you will probably blow up your account. You have to set realistic goals that will still get you that dream car in the long run.
I'm pretty confident that what you will find in this video, not only helpful, but you will also start applying it with your trading style.
This simple thing completely change my expectations towards profit gains, and made me no longer paranoid of losses that came in a row.
If you are a beginner trader, the biggest enemy you will face at the start, is your trading mindset. Let me try to change that, by showing you how to think like a professional.
First and foremost, to think like a professional trader, you have to go back in your past and analyse the stupid trades you took for no reason. Analyse what good trades you took that made you confident. For me, my biggest downfall was Over trading. Before i found, what i call the blueprint to grow a small account, I was taking absolutely stupid trades. It already took a long time to find a profitable strategy that worked, and was not just some thing that someone was trying to sell me. The only thing that kept me from becoming a profitable trader was a traders mindset. A mindset to look into the future. Not to look at how much profit i make per day, but how trading will make a lot of money in the long run.
But that's boring. Who wants to wait years to make money. Everyone wants to get rich quickly. But when I calculated the number of trades i needed to make good money quickly, my profit gains began to increase. Since then, I have had 2 straight months of green days, two times in the last 2 years. That's making money almost every single day for 2 months straight. The reason, why I say almost every day, is because i don't find trades every single day.
Let me show you how i was able to make money using a small trading account.
...Story of bill in video...
Now, This is Bill the second. He saw first bill losing all his money in trading. He analyses the trades the first Bill took. Bill the second, also wants to make millions. But without blowing his account. He creates a simple, working, and realistic strategy.
Bill starts with a 10000 dollars account. He calculates how much money he has to make per month, to make his millions. He figures out, that to make 1 million, he only has to make 20 percent per month. 20 percent per month, is around 200 percent per year. That's what average professional trader makes. Bill knows he is not going to make 20 percent every single month. Sometimes he will make 15 percent, and sometimes 25 percent.
But forget about 100000 or 1 Million. Even if you turn 1000 dollars into 2000 in one year. You would have done what 90 percent of traders fail to do. You will become a profitable trader.
Now Lets see how much you will make with only 500 dollars. First year around 1500. Second year around 5000. In third year. You will have around 18000 dollars. More than 50000 in the 4th year. And more than 100000 dollars in profit in the 5th year. That's a good profit as a trader.
Before you start trading, My suggestion is that you find a strategy that works for you. For me, simple support and resistance with V WAP indicator works beautifully. It only works with the win rate of 60 to 65 percent for me. But I've had many green days in a row because i take more profit than the risk i take on a trade. Just like bill the second.
I have a few strategy videos here on this channel, that are suitable for traders with a small trading account. Such as the V WAP strategy. If you want, you can watch my other videos to learn about the V WAP strategy. But you should only risk your money on it after you have back tested it couple of times. Smash that like button if you liked this video.
For more Free Trading Videos, Subscribe to this channel now and ring that notification bell. And thanks for watching.
Видео How to Grow a Small Trading Account FAST - Day Trading !! канала TRADING RUSH
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