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How to Trade with a Small Amount of Money — Transcript

by The Moving Average · 758 words · 99 segments · language en · Watch on YouTube

Full transcript

  1. 0:01you have a concept of day trading that
  2. 0:04is so illogical and so irrational it
  3. 0:07blows my mind that you think that this
  4. 0:09is clear logic people get rich by taking
  5. 0:13lots of risk with a small amount of
  6. 0:15money people stay Rich by taking small
  7. 0:19risk with a lot of money now let me
  8. 0:21explain that to you when you start off
  9. 0:23as a day trader and you start trading
  10. 0:25real money because you've proven
  11. 0:27yourself on a demo account you need to
  12. 0:29actually have the skills set first you
  13. 0:30put in $100 into your trading account
  14. 0:33and every single trade is a risk that
  15. 0:36you're willing to take every single one
  16. 0:38is risk but the amount of money that
  17. 0:40you're risking is very low lots of risk
  18. 0:44with a small amount of money you do that
  19. 0:46for long enough and you will build up a
  20. 0:48nice Financial safety net you will build
  21. 0:51up a big bank roll so that now you have
  22. 0:55the money you are now rich but to stay
  23. 0:58Rich you don't do the same risk strategy
  24. 1:02as with the small amount of money that's
  25. 1:04stupid say you have a million dollar you
  26. 1:06are going to take a small risk with a
  27. 1:09larger sum of money not all of it just
  28. 1:12larger than the small one so you are
  29. 1:14going to take less trades less often
  30. 1:17with a substantial chunk of money but
  31. 1:19small in comparison to your overall pie
  32. 1:22let me break it down like this if you
  33. 1:23want to grow a small Forex account and
  34. 1:26you have $100 and you risk $5 per trade
  35. 1:29you're risking 5% per trade in hopes to
  36. 1:33get $10 which is 10% of your entire
  37. 1:36account balance which is absur because
  38. 1:38that's the annual returns for people
  39. 1:40that invest in mutual funds that is
  40. 1:42large risk on small Capital but you do
  41. 1:45that consistently and long enough you
  42. 1:47can grow that to a decent size account
  43. 1:49if you grow that to a decent size
  44. 1:51account let's say you have 10,000 or
  45. 1:5350,000 or 80,000 or even $100,000 it's
  46. 1:56going to take you a while to get there
  47. 1:58but once you do you can have a $100,000
  48. 2:00account and risk a quarter of a percent
  49. 2:03which is
  50. 2:04$250 and you can make
  51. 2:06$500 for every win you do that five
  52. 2:09times a week you got 10 grand a month
  53. 2:11that is phenomenal income for everybody
  54. 2:14on earth now there is a balance between
  55. 2:16those two a way to kind of skip the
  56. 2:19first step and get to the Second Step
  57. 2:21while still risking less capital and in
  58. 2:23the trading world we call that a prop
  59. 2:26firm or a proprietary firm these firms
  60. 2:29you sign up up do the free trial first
  61. 2:31make sure that you can pass once you
  62. 2:32have proven to yourself that you can
  63. 2:34then pay for the opportunity to become a
  64. 2:37professional Trader you will pay a small
  65. 2:39fee whether it's 100 250$ 500 or $1,000
  66. 2:44depending on the account size that you
  67. 2:46purchase so let's just say $500 for a
  68. 2:50$100,000 funded account challenge in
  69. 2:52comparison $500 is a tiny amount of
  70. 2:55money if you prove to them that you are
  71. 2:57a good Trader and you can pass their
  72. 2:58challenge they will give you
  73. 3:01$100,000 of trading Capital that you can
  74. 3:03trade with and every week every month
  75. 3:06that you are profitable you will split
  76. 3:08the winnings you will get 80% of the
  77. 3:10winnings and they will get 20% of the
  78. 3:12winning and if you are risking half a
  79. 3:14percent which is $500 trying to get
  80. 3:16$1,000 on every single trade $1,000 five
  81. 3:20times a week is $5,000 that's $2,000 a
  82. 3:24month so you went from a small risk of
  83. 3:27$500 to the pot potential of getting
  84. 3:31$20,000 a month that's the balance
  85. 3:33between those two and this is the only
  86. 3:35industry in which I know to do that
  87. 3:37there is no other industry that I can
  88. 3:39think of that a small risk can have such
  89. 3:41a humongous life-changing payoff so if
  90. 3:44you think you're ready for it or you
  91. 3:46think you're ready to try to pass a free
  92. 3:47trial or if you've passed so many that
  93. 3:49you can do it in your sleep it's time
  94. 3:50for you to sign up for a real funded
  95. 3:52account challenge you can do so by
  96. 3:54clicking the link below to funer Pro if
  97. 3:56you use that link you get 20% off of the
  98. 3:59purchase of a funded account challenge
  99. 4:0120% off of $500 is a slamming deal

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