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Forex Trading How to grow a small account
avatar Fxcarebear
Question by: Fxcarebear - 26 Oct 2015, 08:53:20
How to grow a small account
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Answers (2)
avatar user 7895
Answer by: Pipmaster - 26 Oct 2015, 12:40:11

I would suggest trading 0.01 lots and being prepared to hold for several days so that you can follow the main trend for 100 pips plus with high r:r ratios. Once your trade is in profit secure it with a stop and look for the next trade. Don't open new trades while you are showing a loss. Be prepared to wait for the trend to turn in your direction, it won't always happen straight away

avatar user 7964
Answer by: Matthew - 28 Oct 2015, 01:37:09

I know that most of you are coming into the Forex markets with relatively small trading accounts. I also know that you want to grow your trading accounts while losing as little money as possible. Focus on trading the markets, not on making the money It is not a profound statement to say that making money in the markets is a result of successfully trading them, but it’s worth examining this statement further to see just where most traders with small accounts go wrong.

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