In case you have not come across this:What account size do you consider appropriate to be a full time trader on?
Obviously personal factors influence the monthly income you would need, but beyond that what size cushion would you give yourself for the leaner periods in trading?
Thank you very much, will get reading!In case you have not come across this:
Boy, 16, turns £150 into £60,000 after teaching himself how to be a trader
Boy, 16, turns £150 into £60,000 after teaching himself how to be a trader
Edward Ricketts, 16, says he learned his tips from Youtube.metro.co.uk
Other good reading and educational articles:
I used my own money to test out these trading mentors. Here is what I found.
I used my own money to test out these trading mentors. Here is what I found.
Shortcut your learning without getting ripped off…medium.com
The 17 Best Forex Trading Courses
8 Best Online Forex Trading Courses of 2024
Want to learn more about online forex trading and investing in 2024? Here's a list of 8 of the best professional online courses and classes to help you out.www.wikijob.co.uk
How Much Money Can You Make from Forex Trading?
How Much Money Can You Make from Forex Trading?
The cold hard truth — how much money can you make from forex trading? (It's not what you think)www.tradingwithrayner.com
Course - Introduction to Forex Trading
Course - Introduction to Forex Trading
In our first course, you will be introduced to the world of Forex trading. You will learn what Forex trading is all about, why someone chooses to trade Forex, a...www.onlinestudies.com
Thank you for sharingHi All,
I have received an interesting email from one of FPA "Special Consultant to the FPA", Andrew Mitchem, which I believe will be most helpful to beginner Traders and Wannabe Traders.
How To Trade Forex With a Small Account with FX Coach Andrew Mitchem
https://theforextradingcoach.com - Episode #362: How To Trade Forex With a Small Account with FX Coach Andrew MitchemThe 30 Minute Trader TripWatch how Andre...theforextradingcoach.ontraport.net
In his video, Andrew explain how beginner and even seasoned Traders can make money without having a very large trading account. I will not reveal exactly what Andrew said in his video, but strongly urged those who want to become a full time Forex Trader to go watch and listen to Andrew's advice.
For those who are unfamiliar with who Andrew Mitchem is, do check out and read his story here at the FPA.
To your pips and being a full time successful Forex Trader!
Thank you, this is really good breakdown and adviceMy working capital is 3000 USD, I use 1:50 leverage and trade with 0.1 lot. It is important that your account equity can weather a streak of losses like 5-10 losses in a row and this loss should not exceed 20-30% of your equity if you want to feel comfortable after such an adverse event happens
Not helpful, the forum is here to ask questions and gain advice from others.Ima think you shouldn't trade on fulltrade cauze you don't even know how much account size you need for it. Think about it...
Ima think you shouldn't trade on fulltrade cauze you don't even know how much account size you need for it. Think about it...