Small Forex Account Traders NEED To Know This One Thing
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- Опубликовано: 18 сен 2021
- The main thing Small Account Traders NEED to absolutely know. I've seen it and experienced it for a long time! Stop thinking the money that's floating in the market is "fake money." It's actually REAL money if you just took profit! The main thing in Forex is that you never really KNOW when the trend is over, or when you really SHOULD TP... but keep your goals & weekly targets in mind. The market is giving you 110 pips... it's only so much more it's going to go before it retraces!
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DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational and entertainment purposes only. I'm just showing you guys how I invest and day trade, but remember, investing of any kind involves risk. Your investments are solely your responsibility and not mine. While day trading can bring serious gains, it can also bring serious losses! So make sure you do your own research to fully understand the market before diving in. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore should not invest money that you can't afford to lose. The fluctuation of the market can work for you or against you. You should carefully consider your investment objectives and experience before deciding to trade in the market. Again, what you invest in is solely your responsibility. 
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I always remind myself that I’m growing an account not flipping weed 😀
Lol same
SUPER facts!
I've turned $2.86 cents into $260. $216 into $3k. Then ALWAYS got greedy, over leveraged, and wiped out what it took a week or two to accomplish in one or two trades.
Sticking to my plan and literally FORCING myself to maintain trade discipline has changed things drastically.
One of the things I had to conquer psychologically was the celebration. I'd get a string of wins and start feeling like "the man" and blow the account thinking I was "on a roll." Now, I treat my wins just like my losses. I keep my emotions out of it. They don't even excite me. I take my pips and wait for the next setup that align with my trading plan.
Once I learned that it's a marathon, it's been smooth sailing ever since. Trust me, these micro and mini lots add up over time!
EVERYTHING THAT PEOPLE TAKE A WHILE TO LEARN, SWAGGY JUST SIMPLIFIED IN LESS THAN MINUTE, GOAT
🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾🙏🏾
I usually just wait for the 500-1000 profit each day and call it good.
I will be a millionaire!
is the true man, Im traders really very small accounts, every trades I use $1.2 margin, cuz off all I have $4, just $4. every trades I take a provit very smal, $0.29 $.35 and maximum $0.50 is the big provits for me. I never tired, i never thinking this wasted, I always do it and do it again until i changes $4 to $40. God blessed you All.
The problem is when u only care bout the money instead of percentage.
A month later i went from 100 to 1k.
Lets hope I can do 2x every month from here on out
What he said is so true I been there. I started with $50 I went up to $300 then I try to change the amount and try go higher bien greedy. and and I blow my account but I’m never giving up.
This is facts man. I’m still learning a lot , i have a very small account tho. Like 300. I’ll be up 80-100 sometimes watch that drop into negative smh. It’s Sunday tho , new week and profits ahead , learning from those mistakes !
Always gotta learn bro!
You still going at it?
Needed to hear this .. blew my account because I go greedy and didn’t take the 500+ in profit, so I lost 400 instead .. you live and you learn . Ready for the next week.
Best thing to do with small account, set SL, don’t allow the market to pull back take profit, and last and mostly important trade high set ups only,
Great reminder! This is literally me now. First year not successful, just passed my 2nd year anniversary and am much better! 100 days going to turn into 1,000 days. All about the process!
Small account needs to scale. Realistically. People gotta remember that the miracle jumps that they see is a 1 in a billion. If you have a small account, $100 is a lot proportionately. Look for %, not for $. That’s how you’ll grow. Within 1-2 years you’ll thank yourself that you took the $100 daily average.
Actually i grow 3 times an acount of 20-70 dollars into just a day to a 1300 dollars and than i thought now let me make those 1 k into 10 k and i endet up losing 1.3 k in matter of minutes and also added another 1 k from my hard working salary and endet up crying inside for days 🤣🤣🤣🤣🤣
I legit needed to hear this I have 70 dollars in my live account and I'm do lost
That advice was golden, I’ve had to learn this the hard way. Thanks 🙏
I've been a victim of this a few times now... I'm learning to be more patient and not greedy!! Thanks for the advice ❤
As long as you check in with yourself and realize things like this, then you’re on the right path 🙌🏾🙌🏾💯
It will never get better, if you try to skip the process. Thanks man, that's all I needed to hear👊💯
My daily goal is $100 buck in 4 or less trades. If I get that in 1 trade I'm done for the day on my paper account. My live account. 0.25 cents is great since I can only afford 1 share at a time.
You make a lot of sense to me bro all I need is 10pips and I am out
Swag know this game💯, I Been thru a lot the market made me get in line. Take profits quickly and don't double back 💯💯💯💯💯
Dropping that magical advice!! Bless you for helping the blind see the light! You sure have made a HUGE impact on my life and my trading journey.
True I took a 20 dollar account to 75 dollars and lost it all waiting for 100 dollars 😢
Just happened to me yesterday , took a 30 dollar account to 98 dollars waiting for a 100 then blew the account 😢
Daanggg that's almost a 4× amount of your initial purchase definitely a common beginning mistake, but even just doubling your share is a majority of the time depending on your circumstances
1 year later, how its going now?
This is literally me rn...
Trynna grow a mini acct to a thousand dollars.
Hope it works thru savings tho
Factsss
I'm truly in love with this man.i see many video in RUclips that people dissing him and i found it unreasonable. Congratulations to all of those people who learning from swaggy because you can't find a better and honest trader.
I just want to give my appreciation to you swaggy.
God bless your life.
I already watched all of your RUclips videos and I'm impatiently waiting for more.it would be great if you post more on RUclips, because lotta people can't afford your course (including me).
Again thanks for helping people to make better life.
Take care
The realest Advice Ever...Swagy you just awesome .. the Best forex advisor ...
Facts....He talking to me being greedy that's my problem...I need to learn to take what the market gives me
Absolutely bro! 💯 Leave that FOMO at the door and let the market do its thing.
Yeah i had to learn the hard way
But im glad
I learned alot by just slowing down and taking my time
A wise man right here... i stress the hell out over 100 dollar's 😂
Broo, I used to sweat same bullets! But let me tell you, once you start playing with bigger numbers, that stress multiplies too LOL gotta learn to ride the waves. 🌊
Facts...patience is key!
You literally spoke to me on that brother. It’s all psychology
The best advice. Too many advise to just leave your money in and wait. I always tell people , taking profit is never a bad idea.
You inspired me to start taking profits 📈
Facts bro ppl get that misunderstood...
said it once before man but it’s crazy to see you go from saint peezys bball team to this congrats on everything bro. It’s an inspiration to stay in the game
7 months in and I’m slowly breaking out of this mentality finally
You should do this more often, you are giving some good advices
Thank you for sharing your advice in this video!
As a beginner trader this is very true!!!!!
I learned this the hard way.
Thanks for the update
enjoying the process 🙏🏽
Truth… people like you are needed in this space👍🏽
Thank you man 💯
I totally agree with him. Keeping it simple.
Im new to this game of forex trading. I know nothing at all but i believe that if i can learn more each day about forex,1 day i will give a testimony..♥️
I agree that what market gives you
Love how you focus so heavy on psychology. #OGswagacademy
Thank you!!!
Solid advice my g.
Definitely has been my downfall is not taking profits
I like what your saying about skipping the process, i been doing it for 2 years. Ive made 4k lost it 3 days later and couldnt buy lunch. Thats a phsycology and mentality issue
Thanks Swaggy!!!!
You are always on point!!💯
You're welcome bro, thank you for listening!!
Learning my patience within the years. Won't skip the process.
I love your motivation boss. Fist time watching ur videos, I think I need to follow you 🥰
Exactly the best Academy ever tfs God bless you and your familia and your team
Thank you!!
I love you man, you are totally right, patience is a major game changer.
I feel like some times the risk to reward tool limits pips able to be caught but it may just be the trades I caught or imbalance in my satisfaction
This actually great advice bought sprint that turn into T-Mobile. Waited for it to grow and sold it. Stop being loyal to the winner. Act like a side piece get what you can and jump ship.
This was on point.
I just needed to hear it.
Thank you.😅
Of COURSE
This advice is gold
Thank you
Swaggy is back!!!!!!!
Im super excited💞💝
Mind blowing video as expected
Good thanks for your advice am still moving on
You are an inspiration my man!!!!!
Thanks bro
You earned a aubscriber. ❤️
Straight to the point. Dig it.
Love this
I needed to hear champ 😅🙌that’s practically me
What up it’s your Boi Keyz
Wow Sunday service right there 💯👌🏾
Str8 Gospel
You're talking to me sir thank you so much I just subscribed ❤
needed to hear this
Surely the best advice
You r the God father😎💯💪
Fr I had to learn the hard way with crypto I just take whatever I can get and let it ride
I took profit. Thsnks Swaggy C for this mindset shift
Very true cos it happened to me and I ended up losing $1400... I still regret it
Never listen to anybody who doesn’t live trade for you to see , your rules have to be as mechanic as possible
That's just the truth. I was there
Big facts!! Learning my patience.
Love your efforts. It's sensible and It's like a reality show to me.
That's like the realest advice out there, refreshing to my memory Bro Gad. 😎
Especially since the goat academy stand tall, I'm definitely taking profits..... 🙏🏼 Thank you bro, I always say this, "I want to be like you, the characteristic side; highly motivated, determine...."
Great advice👌
Thank you!!! 🔥🔥💰🔥🔥
Got you G!! 💪🏾
Great advice. Note taken ✍🏽
Thank you so much for this bro 🙏🏾
Go you fam!😊🙏🏾
Thank you bro! I'm finally going in live , but working 💪 .. keep you updated! With good news !
Awesome!! Keep it up bro! You got this! 💪🏾
oh for sure i damn near blew 1 account but i took my time wit it & grew it even further than what i originally invested def some good words of advice for sure
That's true , no patience.
The number of times I've entered a trade and pulled out instead of just waiting .
Then it goes my way after that 😂
Patience is hard sometimes 😂
Thanks man
Thank you so much. I needed this
Great advice
This pill... is really hard to take right now😅😪😥
Hes right blew one account and learned this, cant be greedy take profit at 20 or 30 pips, the rest of the week can make up for it.
You’re the man Swaggy ❤️
Thanks bro 🙏🏾🙏🏾
Thanks 😊 boss the lesson
I was doing that for a while i will take any and all profits
YOU SAID IT ALL....
YOU THE G.O.A.T ..
THANK YOU FOR THE ADVICE AND LESSON..
Appreciate ya