Is it possible to become rich with a little account ? ($ 5000)

The secret is never increase the money you spend every month even if your increase your incoming.

Then what’s the point of living err… trading??? LOL!!!

Regards,

Dale.

To spend money like a rich you must be rich before.
You get rich by accumulating money, not spending it.

turning 5k to 5mil in 7 years, theoretically speaking, the possibility is not 0% which means it is possible, the how can it be done, I guess I’m not the right guy to answer it :smiley:

I think it is possible to become wealthty in a short space of time trading Forex.

$5k might be a little light, however I’m committing myself to turning $30k into $1mil over the next 24 months.

A 15% compounded montly gain achieves this feat. A performance that I believe is attainable.

Making 100k dollars each year depends on many factors which include: your trading plan which must have at least 70% winning rate; leverage, you need a broker with high leverage to help you weld more money in the market, Profiforex offers up to 1:500, you must also have a good money management plan with should include not risking over 1% of your account for each trade.

Don’t forget that you always can invest in PAMM and minimize your risks (good conditions and professional traders) I can recommend you a good broker

PAMM accounts are good but only if you are not able to understand the market, look for PAMM accounts which has stable returns

Or you if you don’t have enough experience and want to learn from the professional not only earn - pamms