I'm working with a trader who does all his trading in just 1.5 hours a day at a specific time and only during that time. You don;t need to spend all day doing it. Once you have a method that works you can make all the money you need in just a few minutes or a few candles (if you chose larger time frames).Do you think that doing it every night after finishing my job would be enough to make some money and learn or i need to day trade and be focus all day long to learn properly ?
Rubbish. Untrue. People who use a large amount of money and only trade a small amount of it are just scared and have no idea what they're doing so they take minimal risk and make very little progress.you need to trade good money to get a good profit
I would advise starting with a demo account and seeing if you can put together a string of winning trades. Until you can do that on a regular basis (without using stop losses) then you might be ready to trade with a small amount of money. I recommend no more than $100 and even then just trade micro lots ($2 per bet). $100 can become $100,000,000 in a very short time (relatively speaking) and if you lose a large bank you've only lost $100 (if you can keep a stable money mindset).
The trick is to find a lot size ratio that grows and shrinks with each winning or losing trade. That way as you win your trades get larger and as you lose the trades get smaller. This is the way to build a massive bank. Your aim is to build a large bank then remove yourself from the market A.S.A.P. and take that money and grow it in a more stable area (such as starting or growing a normal business).
You do not want to be doing this year after year as a stable source of income. You want to get good fast, grow fast and steady and then get out. That's my personal view anyway. I'm sure millions would disagree with me but I'm actually doing it whereas other are just playing with it without really believing they can do anything meaningful with it. It's a very serious deal and without doubt the fastest way to make a lot of money I've ever seen but make no mistake; it is gambling because you don't know the outcome before you put your money in.
Start small and compound your wins. Before long you'll be trading 100 lots and making a regular 5-20% per day (relatively simple once you find a method that works. Get your calculator out and you'll see how fast that sort of return will grow your bank and you'll be astonished.
Here's what can happen if you only achieve 15% per session (wins - losses) in just 7 months trading just a few minutes a day, 4 days a week (Mondays are usually pretty light and scattered so I don't trade Mondays).
Impressive and possible but you have to build discipline and have firm goals set with a strong vision of where your going and why. This'll keep you focussed. Some days you might lose a lot but that's ok, just pick up with the new balance and keep trying. Contrary to popular (often uninformed) belief 15% per session is more than possible and can be sustained over a reasonable period. Certainly enough to build a large bank as the final picture shows.
Good luck. It can be done but you have to like doing it and you have to know why and how to size your trades. As a guide; when you're consistent you can often trade 1 lot per $1,000 at 500:1 leverage which sadly you can't get in the U.S. because your government wants to protect you from yourself but for the rest of us out here it's the norm. As for which broker to use (they're actually called dealers not brokers) I can't advise unless you're an Australia in which case I'd suggest IC Markets. There are a few dealers who'll accept US traders and offer 500:1 leverage - look around and believe in yourself. You can do it.
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