Forex Zone - Forex Forum

Developing Small Balance Accounts in Forex Education_6825f0acc9f09

Developing Small Balance Accounts

Discussion started on Forex Education

  • Newbie
  • Posts: 45
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
It is better to develop a small account, not only focus on compounding strategies but also focus on psychology, especially in terms of discipline and patience, that's the key.
#301 - December 05, 2019, 04:11:11 PM

  • Full Member
  • Posts: 192
  • Points: 494
  • Likes Received: 3
  • Reputation: +0/-0
Do not be hasty in applying lots because lots determine the optimal profitability and keep us from being greedy and increase risk in trading.
#302 - December 05, 2019, 04:33:21 PM

  • Full Member
  • Posts: 169
  • Points: 0
  • Likes Received: 6
  • Reputation: +1/-2
All must be done sequentially to develop the balance. 
Strategy, psychologist, discipline, and MM are the key.
#303 - December 10, 2019, 12:10:59 PM

Sponsored

Developing Small Balance Accounts in Forex Education_6803a6c52eb12
#304 - Today at 02:01:59 AM

  • Jr. Member
  • Posts: 60
  • Points: 0
  • Likes Received: 2
  • Reputation: +0/-0
From experience, the balance has been increased from $ 100 to $ 622 for 1.5 months. 
What I feel in developing the key is patience when trading. Never lust.
#304 - December 12, 2019, 04:29:29 AM

  • Full Member
  • Posts: 182
  • Points: 319
  • Likes Received: 7
  • Reputation: +0/-0
An account with a small ballance is more suitable for mental training and managing psychology because with a small ballance account we can practice patience.
#305 - December 13, 2019, 03:44:26 PM

  • Full Member
  • Posts: 234
  • Points: 426
  • Likes Received: 12
  • Reputation: +1/-0
I would rather learn from an account with the smallest ballance and go directly to a compund strategy, so that we will be able to appreciate small accounts and also be able to practice discipline in the use of lots. Developing a small account does need patience and patience starts with small things.
#306 - December 16, 2019, 03:35:52 PM

  • Full Member
  • Posts: 207
  • Points: 1850
  • Likes Received: 26
  • Reputation: +0/-0
Developing an account or the term is often called a compound account is a strategy that is quite difficult, why is it difficult, because this strategy can only be done by an active trader or a trader who is already proficient in trading.
#307 - December 16, 2019, 04:18:15 PM

  • Full Member
  • Posts: 198
  • Points: 0
  • Likes Received: 25
  • Reputation: +1/-0
Perseverance and trading with the right strategy makes developing accounts from small capital to large.
#308 - December 17, 2019, 12:03:52 PM

  • Hero Member
  • Posts: 701
  • Points: 5910
  • Likes Received: 39
  • Reputation: +1/-1
Accounts that have relatively small ballances can be used as training accounts to practice patience and psychology, if we are unable to run a small account then we will find it difficult to control picology.
#309 - December 17, 2019, 03:35:21 PM

  • Full Member
  • Posts: 142
  • Points: 188
  • Likes Received: 3
  • Reputation: +0/-0
If we trade patiently, we can master the compound strategy well, even though it starts with a very small ballance.
#310 - December 18, 2019, 08:31:05 AM

Sponsored

#311 - Today at 02:01:59 AM

  • Full Member
  • Posts: 111
  • Points: 0
  • Likes Received: 13
  • Reputation: +0/-0
Small Ballance Account Development must be managed with patience and discipline. 
Requires good actions so that profits continue to grow.
#311 - December 19, 2019, 02:28:21 AM

  • Full Member
  • Posts: 136
  • Points: 183
  • Likes Received: 6
  • Reputation: +1/-0
Accounts with small or large ballances are actually the same if we use proportional risk management, meaning that using MM that is suitable for capital rather than more capital then MM can be ignored and safe.
#312 - December 19, 2019, 07:45:43 AM

  • Full Member
  • Posts: 111
  • Points: 94
  • Likes Received: 3
  • Reputation: +0/-0
I also often use the compound account strategy, but I admit that developing a small account does require extra patience and is also not easy to do even experienced traders without the provision of skills and trained psychology.
#313 - December 19, 2019, 08:48:35 AM

  • Full Member
  • Posts: 180
  • Points: 299
  • Likes Received: 6
  • Reputation: +1/-0
developing an account with a small ballance may seem difficult but this is a good opportunity at the same time to train our trading psychology to be more developed over time.
#314 - December 23, 2019, 10:11:07 AM

  • Full Member
  • Posts: 190
  • Points: 150
  • Likes Received: 18
  • Reputation: +3/-0
All development is done in stages, I think for small accounts should be extra extra careful, because a little mistake will be MC.
#315 - December 23, 2019, 10:24:02 AM

Members:

0 Members and 2 Guests are viewing this topic.



Elementor Website Builder