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