HOW TO GROW A TRADING ACCOUNT WITH $0

Описание: HOW TO GROW A TRADING ACCOUNT WITH $0

Step 1: Refine Edge
• Create a trading plan
• Define Risk Management
• Open an account with tradingview
• Select the paper trading option
• Set the account size to $10,000
• Try to grow that account by +25% ($12,500)

Step 2: Risk Management
• Risking 1-2% of your trading capital on a single trade is a good start. For a $10,000 account, this means risking $100-$200 per trade.

• Position sizing is crucial.

Step 3: Fund an Account
• The reality is, it’s almost impossible to start with $0, instead...

Consider funding an account with $100.
• Try to grow that account by +25% ($125)
• This will help build the emotional control needed to trade with real money.

• Once comfortable, consider increasing the account by 25% each time it grows by 25%.

Step 4: Account Growth
• Aim for a gain of 1% per trade to start.
• Once the account has grown +15%, increase profit target to 1.5% per trade.
• When the account has grown by 25%, raise profit target to 2% per trade.

Tip - Leverage wisely and never over-leverage.

Step 5: Compound.
• It’s important to focus on the long term and get away from the idea of ‘get rich quick’ & +1000% gains every trade.

• Focus on compounding small gains it’s more sustainable than shooting for the stars and blowing an account each trade then quitting.

Ps - Comment ‘Strat’ for a simple trading strategy you can use to get results today.

For more follow @TradeMasterCapitaL