How To 10x A Small Trading Account - HIGH RISK! 🔱⚡

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How to Grow a Small Account. Can you trade with small money? What is the fastest way to grow a stock account under $5,000? How do I day trade with a small account? Many traders don't start with a lot of money and that's okay. The thing with small accounts is that if you're looking to grow a small account into a much bigger account you will have to take substantial risks and be prepared for the consequences. Irrespective if you have USD500, USD1000 or USD2000 or more you will have to be prepared to lose that money. You can't grow that amount into a USD50,000 by taking little tiny trades; it will take you ages. But I don't think you necessarily need to go from 1 to 10; in practice you are better off getting the experience and using those trades to learn and making that USD1000 into a USD2000 trading account over 6 months say. Here are some tips for traders trying to grow a small trading account into a bigger account. OK.

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[SamModlinsky]

Fair play to you Mark for putting your neck on the line and openly admitting that “Get Rich Quick” does exist, and well done for exclaiming how must RISK is involved, anyone who knows the financial markets knows this is all facts👏🏼

[KMRNUK]

First of all you need to find a 1:500 offshore leverage broker and then you can even start with £100 and grow your account rapidly. If you blow that £100 you start again.

[Gyurix]

This is pretty much a guaranteed way to blow up accounts. You should do this without adding to the position and with like 15-20% risk of your account, that way you won't completely blow it up if the trade goes against you.

[albertob.]

As the saying goes: "Wiser words have never been spoken". Thank's Mark!

[milesvanrothow]

My advice - initially trade small and learn the way markets and trading work. You will win some and lose some. Once you get a feel for which strategies have a high percentage chance of winning, then think about putting a bit more into them, risking a higher proportion of your account.
Even experienced traders can lose several trades in a row. My advice - don't become just another trading road-kill statistic, only trade small amounts when you are new to trading.

Just like a weight lifter has to start small and work up to bigger weights - trade small amounts until you have developed your trading muscles.

[aminehanifa]

Nothing to say, nicely explained and this is the best way indeed. Like Mark said, first you need to be a good trader with experience and a strong mind and second use this to make big gains in the perfect conditions for you (we need a breakout strategy with a lot of momentum and try to put your stop loss at the entry point when you can and do a trailing stop when it go in your way. Like Mark said you gonna be stop out a lot but when it runs your job will be done ! )

[Veslanjejezivot]

Ty Mark, I respect your honesty and wisdom.

[vinaychauhan]

Scaling in is very powerful. I don’t see it as that high risk if you have tight trade locations and move your stops along, but be aware that if you’ve scaled in say 3/4 times your P&L will be very top heavy and this drawbacks will hurt your account - which will be an issue if you’ve already used the unrealised P&L to fund other trades. Also don’t see the problem with scaling in for 50/100k accounts, even with a 1k account if you really wanted to go for it you could with 5% risk on each entry, that’s more than enough.

[orlandoboja]

It is much more possible to gain money rather than gambling because it has pattern and you have experience .

[drivewithbishop]

I took my 6k (tuition) loss in Jan 2021. It’s July ‘22 now and I’m ready to take the risk again. High leverage, $50-200 margin, trade levels, let winners run and turn my DCA account into a 6 figure account. It’s all a part of the game. Journaling, daily research, learning fundamentals and TA, risk management, desensitization to an emotional culture in the market, developing a strategy, leaving money on the table to watch what plays out in or out of your favor, learning to trust myself, observing and learning cycles. Trading is the hardest career path I could think anyone could choose. University started in July 2020 and continues to soften my edges and round me out into a solid decision maker on the charts. That is for your videos mate, they’re a stalwart in multi journey.

[rothyalybian]

I will do this. With $40 account. 😂Will give you an update before the end of the year (if I still havent blown up)😂😂😂

[jimle]

My “perfect” setup is channel up trend trading only. Diversified by stocks but all my trades are committed one setup only. It has provided nearly endless cash flow.

[datageek]

I don't agree that you have to take a lot of risk or increase risk. You can keep risk the same and compound the account to 10x size quite quickly.

[turnthepage]

This is the ultimate channel for an intermediate-level trader.

[greyjaye]

Am I the only one that clicks the like button as soon as I start watching his videos?

[novaloom]

I made 600% in 6 days but then lost it all. I started with $120, got up to $720 and ended with 0. all done on crypto using 6-12x leverage.

[svenw.]

This strategy works with trading the DOW or Nasdaq with 20X leverage. If you have a bullish day like yesterday (Nasdaq) you go ALL-IN.
High risk yes but you can double your account in 1 day....

[cjvick]

This is completely reckless advice and I love it! Leveraging is going to get a lot of people in trouble with this, but it's a solid idea. I feel like there should have been a small explanation of what a margin call is so all the robbin hooders know what it is when they get one.

[keyboardactivist]

To 10x your account trade only gold it have much value even if you use small lots size like 0.01. Axitrader allow to trade xauusd at 0.01 lots