Advice for Trading Small Forex Accounts

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  • Опубликовано: 19 апр 2023
  • 👉🏾 Don’t trade your account balance, trade the market. When I was growing a small account, oftentimes I had money goals and would open and close trades based on the money goals.

    👉🏾The market does not care about your account balance. The market is going to 😤 reject from strong levels and we should exit and enter based on those zones, not our account balances.

    #foryoupage #explorepage #explore #forex #tradingforex #propfirm #fundedtrader

Комментарии • 81

  • @NoCommentaryGamer1
    @NoCommentaryGamer1 9 месяцев назад +28

    Don't let ur goals over exceed ur profits.....Take Profits!!!bcuz $10 can become $20, $20 to $40,$40 to $80 etc... greed will blow ur account

  • @simplicityfx70
    @simplicityfx70 Год назад +46

    This is so true, today i was up 25 dollars in my small account and thought it would go higher, price dropped all the way and hit be then i was pissed off and looked for setups that weren't there and lost more than half of my account.
    Lesson learnt will take partials hereafter.

    • @mohdadil297
      @mohdadil297 Год назад +1

      i faced the same problems before. Now i TP when it hits resistance or support. Unless i TP , the money is still not mine

    • @virtualcity721
      @virtualcity721 9 месяцев назад +2

      Problem is when you do take profit at rejection levels, price will keep flying in your trade's direction. The next trade you take and let your trade do it's thing, the market is like "CATCHA 😂" 😢💔

    • @user-jw6hf6ft8v
      @user-jw6hf6ft8v 9 месяцев назад

      This is always..i need to stop doing it

    • @geoffreyirungu4712
      @geoffreyirungu4712 7 месяцев назад

      I deposited 1000$ in oanda account and the profit was like 2$ and I felt like it’s didn’t work as much how can I get more leverage.

    • @HOODSTOCK118
      @HOODSTOCK118 6 месяцев назад

      ​@@geoffreyirungu4712hankotrade is 500x

  • @dstrategyiqvix10killer79
    @dstrategyiqvix10killer79 10 месяцев назад +16

    There will always be more... I am telling you, take profit

  • @puritynjeru8678
    @puritynjeru8678 Год назад +5

    Facts Friday, I have blown multiple accounts with this, I have learned the hard way

  • @sido-algria
    @sido-algria Год назад +5

    Like you're over my shoulder man just had a lost because of that

  • @gameswitch2307
    @gameswitch2307 9 месяцев назад +5

    You always make sense bro .
    Yo changing life's bro..thanks

  • @giftrashidat3545
    @giftrashidat3545 Год назад +5

    This is bomb🎉

  • @centurionwilliams8765
    @centurionwilliams8765 Год назад +6

    Big facts💯

  • @adityachoudhari8691
    @adityachoudhari8691 10 месяцев назад +3

    that was a really good advice very helpful thankyou

  • @officialzenythmuzique9498
    @officialzenythmuzique9498 Год назад +16

    I double my account so many times and loss it again because I wanna hold on to trades for too long hoping it goes up all week. It does goes up all week for ppl with bigger accounts tho 😅😢

  • @udeakpala7387
    @udeakpala7387 10 месяцев назад +2

    I am subscribing immediately

  • @jibrillkelvingariba4710
    @jibrillkelvingariba4710 10 месяцев назад +4

    Very true

  • @OnabaPetermark-is5yn
    @OnabaPetermark-is5yn 9 месяцев назад +1

    Respect 🤘🤘🤘🤘👏👏👏👏🔥🔥🔥🔥

  • @kganyatshepo4828
    @kganyatshepo4828 9 месяцев назад +3

    This is advice I never thought I needed to hear 😢

  • @GTexxClub
    @GTexxClub Год назад +1

    It's the hand gestures for me

  • @t2thek
    @t2thek 11 месяцев назад +1

    Damn bro chill with the hand movements

  • @sadiqlarry1537
    @sadiqlarry1537 3 месяца назад

    You have the heart of teacher, I enjoy watching ur videos and i learn a lot from it ..I really appreciate it

  • @FundingFinancialFuture592
    @FundingFinancialFuture592 11 месяцев назад +3

    This is facts 💯

  • @jcams319
    @jcams319 4 месяца назад

    Ive been trading for min, and this advice is golden. Rejection levels 💔

  • @Nolimitcheheart
    @Nolimitcheheart 10 месяцев назад

    Wow this is very insightful

  • @bashiribrahim1612
    @bashiribrahim1612 Год назад +1

    I love hearing this

  • @incog
    @incog 8 месяцев назад +1

    The best peice of advice!

  • @abrahambilly1778
    @abrahambilly1778 4 месяца назад

    Best advice ever! Thanks bruh

  • @forexvictor
    @forexvictor 4 месяца назад

    Love you sir

  • @danmuye
    @danmuye 8 месяцев назад

    An advice i didn't know i needed
    Thanks

  • @AbasMaliky_Trades
    @AbasMaliky_Trades 7 месяцев назад +1

    This guys is right, when ur trading small accounts u shd focus more on market or setup but not money

  • @aiman12281
    @aiman12281 Год назад +1

    Hi, you're the best youtuber that help me on my psicology, i saw a vídeo that You mention that You trade the phases of wycoff theories as you're A+ setups, could you make a vídeo explaining how You see wycoff methods incluiding mults analisis?

  • @burrowsandco
    @burrowsandco 6 месяцев назад

    Great Advice

  • @mrdivinelightning
    @mrdivinelightning 9 месяцев назад

    Facts ! I’m learning this exact advice !

  • @_Geniecool_
    @_Geniecool_ 11 месяцев назад

    Another Banger.... that's it am subscribing ✅

  • @aslap4you882
    @aslap4you882 5 месяцев назад

    This 💯the advice everyone needs to hear. In real life u spend USD not pips or Setups

  • @cynthiapatrick1546
    @cynthiapatrick1546 7 месяцев назад

    Thank you ❤❤

  • @hyoonapuzzle
    @hyoonapuzzle 7 месяцев назад

    This is what happens to me this week and I learn my lesson 😂

  • @user-fu7ny8zi7p
    @user-fu7ny8zi7p 5 месяцев назад

    I watched 20 times this video

  • @nobounderies
    @nobounderies 8 месяцев назад

    Thanks for this man

  • @olalekanvictor5899
    @olalekanvictor5899 5 месяцев назад

    Wisdom

  • @tracq
    @tracq 7 месяцев назад

    This is great advice cause I trade with small account and be up like 50% then hold then it comes back to breakeven

  • @MahNameIsJeff
    @MahNameIsJeff 8 месяцев назад

    This is some good ass advice

  • @StevenSoto
    @StevenSoto Год назад +1

    Factd

  • @heartstrings110
    @heartstrings110 Год назад +1

    💯

  • @chigoziehenry3258
    @chigoziehenry3258 6 месяцев назад

    It happen to me yesterday I was up close to $500 but I was waiting the the market to hit my T P because it was very closed but market reverse and hit my stop lost making me to lose the trade.

  • @ugwunnanna5002
    @ugwunnanna5002 9 месяцев назад +1

    You just gained a subscriber bro

  • @user-nu4oo6mq9y
    @user-nu4oo6mq9y Год назад

    Amazing those rejection levels should have hard rules there Stop loss🎉

  • @remyeches9079
    @remyeches9079 8 месяцев назад

    💯 true 👍

  • @trololooface2180
    @trololooface2180 7 месяцев назад +1

    Resume: Don't look for your profit, look at the market

  • @sonalimadushika8957
    @sonalimadushika8957 9 месяцев назад

    I lock up whatever money I receive, and that is how I managed to pass my Trade The Pool stock account.

  • @NYKmo
    @NYKmo 11 месяцев назад

    It’s always process over profit as a hard rule

  • @jagana1
    @jagana1 4 месяца назад

  • @i_am_isaac_jonah
    @i_am_isaac_jonah 9 месяцев назад

    What about moving your stoploss when you're in profit maybe 30-50 pips ?

  • @deannacobb5376
    @deannacobb5376 9 месяцев назад

    Great advice. Anyone tell you that you resemble Da Baby?

  • @sido-algria
    @sido-algria Год назад

    We miss your videos brother

  • @mmapng
    @mmapng 4 месяца назад +1

    thank you for sharing your knowledge. Its so true that you need to take profits from your good setups because those same setups arent going to come around, take profit from a good setup then dont take another trade even after 1 week until you see that same setup, dont be greedy, the market will always go up and down and its on you to take from the market and hold until you can take again not take, take, take, take and expect no losses. Better to take good small consistent trades that way youll have a good mindset and a good profitability rate no matter what you may think, DO NOT OVERTRADE THE MARKET

  • @becksdozzy9507
    @becksdozzy9507 9 месяцев назад

    Yebo..

  • @barkatali5968
    @barkatali5968 10 месяцев назад

    🙏❤️

  • @banginzaza
    @banginzaza 10 месяцев назад +1

    He's right. You have to take profits when trading aggressively and build it.

  • @wave_circleforex
    @wave_circleforex 10 месяцев назад +1

    Me last week 😢

  • @faith_ozohu
    @faith_ozohu 9 месяцев назад

    No greater truth! This should be no1 common sense rule for small account holders. Take profits.

  • @NickaldoCHarvey
    @NickaldoCHarvey 5 месяцев назад

    Trade the Markey not your money.... awesome

  • @tnelugolla
    @tnelugolla 9 месяцев назад

    Is the main reason I lose

  • @realbbtrader
    @realbbtrader Год назад

    i dont hold anymore

  • @somtochukwu001
    @somtochukwu001 Год назад

    Thank you ❤️

  • @dstrategyiqvix10killer79
    @dstrategyiqvix10killer79 10 месяцев назад

    Thank God someone said this.... Take profit ma nigga. The market isn't there to spoon feed you