Little Amount but later make it big

Beginner Questions
1

Is it possible to start off forex trading with a little amount of money but later make it big?

2

Yes it’s possible if you keep risk low with a lot size of 0.01 - 0.02. Don’t overtrade, revenge trade or gamble.

It will probably only take you a few years to pay for your lifestyle. That’s the reality, not social media hype.

best of luck.

3

It is possible and the best way to start trading.

4

Its possible. You don’t have to take big risks to make big money, but that is the only ay to make big money in a hurry.

So don’t be in a hurry. Recognise that you only need to make 6% profit a month to double your money in a year. And if you can do that you can keep on doing it. After 5 years you will have 32 x what you started with.

The maths is simple but trading profitably consistently is the hardest game.

1 Like
5

The first little amount you are going to invest you will loose anyway - every newbie pays that fee.
Later maybe it will work to trade micro positions, but leveraging up with the profit of small stakes takes much longer than newbies assume.
But no doubt, from the theoretical point of view, it’s possible.

6

Thanks@steve369

7

Tommor, I appreciate!

8

Kashmaster, thanks for ur response

9

Hmm didn’t realize this / think of it this way!

10

I agree with this concept. Trade small initially and later move up the ladder using high capital for higher profit but never rush into it with gaining enough experience and knowledge.

11
  1. Get a Method you have Confidence in. You need to have total confidence in your method - so you can follow it with discipline.
  2. You need to have the Mindset to Take Risks!.
  3. Don’t Trade Frequently.
  4. Only Focus on the Long Term Trends.
  5. Trade-in Isolation.
  6. Work Hard not Smart.