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Back to Episodes#649: If You Only Have $1,000 to Trade Forex, Watch This First
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If You Only Have $1,000 to Trade Forex, Watch This First
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#649: If You Only Have $1,000 to Trade Forex, Watch This First
In this video:
00:24 – Trading on holiday in Brisbane.
00:48 – Are you firstly profitable on your demo account?
01:30 – Position sizing on $1k account.
02:10 – Downsides to trading a $1k account.
03:20 – Trade the account properly.
03:48 – Forget how much money you are making.
04:22 – Focus on the percentage gain you make.
I’m going to give you some tips about the best way to trade your account if it’s, say, like a $500 or a $1,000 live account. Let’s talk about that and more right now.
Hey there, Traders! Andrew, The Forex Trading Coach for video and podcast number 649.
Trading on holiday in Brisbane.
I’m on holiday here in Brisbane with my wife. Been here for the last 10 days, having a great time around the area, and just received an email just a few minutes ago from someone that made a perfect video and podcast topic.
They asked me, they said, “Look, I’ve got a $1,000 live account. How can I trade it? What are the best things to d