How to Try and Grow a Small Forex Account!
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- Опубликовано: 14 июн 2024
- HOW TO GROW A SMALL FOREX ACCOUNT TO A LARGE ACCOUNT!
It's tough... but definitely possible!!! It requires a lot of calculated steps. A lot of people have a misconception about how to make a living from Trading Forex. In this video, I explain exactly HOW you should go about it in my opinion! Here are 5 ways to grow your account from a small account to a large account.
Obviously a person starting an account with much more capital is recommended, but doesn't limit the people in the world who can only afford to invest a few hundred dollars. There's a way for you to profit and eventually make a full-time income from this market too!
DON'T:
JOIN A MLM TO LEARN FOREX. YOU WILL LOSE MONEY AND WON'T LEARN A THING.
TRY TO MAKE MONEY FOR WEEKS/MONTHS AT A TIME WITHOUT WITHDRAWING ONCE.
TRY TO TRADE WITHOUT PROPERLY LEARNING THE MARKET.
DO:
STUDY. STUDY. STUDY. That's the only way you're going to get better in the market!
#forex #forexstrategy #priceactionstrategy
My online course is released!
www.TheSwagAcademy.com
DISCLAIMER: I am not a financial advisor. The videos on my channel are for educational and entertainment purposes only. This channel demonstrates how I invest and day trade, but does not suggest that a viewer of this channel should use any particular strategy. Investing of any kind involves risk, and past results are no indication of future performance. Your investments are solely your responsibility and not mine. While day trading can bring serious gains, it can (and often does) also bring a likelihood of serious losses! If you decide to invest, make sure you do your own research to fully understand the commodity class and the operation of the market before doing so. You could sustain a loss excess 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. Videos and written descriptions are © 2020, Christopher Williams, all rights reserved.
DISCLAIMER: Due to the volume of students within The Swag Academy and the rate at which we continue to grow, services we may have previously offered are no longer available. Please refer to www.theswagacademy.com to see what we currently offer. Thank you for understanding. 
Хобби
"Put it in your bank account, what are you doing?!"😂
hahah you'd be surprised lots of my students don't take profit and I'm like why are you even trading if you're not going to put anything in your bank account?!?!? 😂
I did exactly this. Started my account with 1k and built it up to 10k in a week using standard 1 lots. Got over confident and greedy and started raising my lots and over leveraging to the point where I blew the whole account the very next week. Hurt like hell that I didn’t withdraw but I learned a valuable lesson. Awesome video. Spittin straight FACTS. Also can you make a video talking about only how to trade off price action. Would love to see your take on this trading style.
Please Sharline Cadet if you could help I've been trying to grow my small account for 3 months now my Instagram is @Divinedagreatt
@@robored8940 +
Wow, that hurts just to imagine lol I will learn from your mistake. I'm starting off with $1k as well :)
robo red hit me up on IG fx_love3basketball and I got you
SAME!!! I took like three weeks off after that loss. I couldnt believe it but I definitely learned. Blessings in your trading career sis!
Motivation ✊....made my first 5k in forex this week from $112 account. This common strategy and not being greedy will keep your pockets with cash flow 🤑
wtf I already feel rich watching this 😂
Ikr!🤣
On dogs right 😂😂😂
Sure you do it's rich.
Please have anyone heard of a trade group called the money circle?
@@collinsberns3133 Hey do you really believe that money circle thing?
This video was just for me 😩😭 greed kills my account every time. Appreciate the pep talk 😌
Girl fr 😂!
Mee to ooo I lost cuz I was thinking that way
Me too!
I can tell straight away you never going to master it. If you can't even control your banksize and greedyness and need a pep talk from a RUclips to get back on track you have no business in this industry.
Tyson Mike Thanks for the encouragement appreciate you stay blessed 🤗
So I’m back watching at my “ OH HES RIGHT” part of my trading journey.😂
Trading and investing is all emotional that why it's so difficult you must master your mind and never give up- just like a fight or war we must take loss in our stride and continue to fight. Never give up, never get comfortable you must have faith.
This guy is LITERALLY spittin’ facts
Thanks man, You know what, you're the best. I'm from South Africa and your influence us going far across boarders
Bro u literally just took me step by step with all my mistakes!!! Awesome video! Thanks for the great content
@@angkanbis1481 shut your mouth and gtfo. Enough with u fckn idiots
I really appreciate the fact that you took time out to give the pointers that you gave. cause I’m thinking about getting into it. You made me feel a lot more confident and I’m definitely going to tune into your videos & get other people who are thinking about doing it as well.
Hey man I’m new to this and my mentor has sent me a playlist which 75% of it is your videos. I gotta say bro you’re one of the realest investing channels I’ve ever seen and I like what you’re doing bro. I appreciate you being here for the people✊🏼
Agree with everything you said!! Literally tripled my account size in a short period of time, then started to over leverage and got too confident and now am back at where I started😩 🤦🏽♀️BUT when you know better you do better
Everyone is confirming that acquired confidence coupled with the increasing of lots causes loss. This is true! I have started getting profitable again after going back to the lowest lots possible. What a fascinating phenomenon. Thank you! Good video.
You are bulls eye perfect !!! Straight to the point no drammer .I have subbed
Highly appreciated. Am learning
Your drive is inspiring as is the wealth of knowledge you have! Thank you for continuing to share it!! 👏🏼 #GangGang 🙌🏼
Gang!!! No problem 🙏🏾
Love this video bro very informative and straight to the point.
Ok I am officially a fan! Thank you for the knowledge I look forward to your videos from here on out! Lets go!
Beautiful video bro !! I did a power presentation last week with my time touching on all of these points ! Keep it up bro !
Swag what took y so long to get notified .. man you speak sense 100%
Love the energy, and massive value! All the way from sa
I’m glad I’m learning this before I get started on the market. Thank you thank you 🔥🔥🔥🔥
Man I have been watching alot of videos but none have hit home like this one. I am guilty, but excited about where I am about to take it from the info you shared. Appreciate you my brother.
Preciate it bro! I blew a few accounts upping the lot size.... most traders need that
Damn. Didn’t know but I really needed this video in my life ✊🏽✊🏽🧡
Very solid tips, love it! Keep pumping these out my man!
Bro these are the clearest lessons I’ve gotten on RUclips about forex trading. You are the GOAT from now on
Wow, you made me motivated I hope I get far and to all who read this
Your drive is always so inspiring
Thank you fam!!!
Thanks! Dawg! Needed this for motivation.
This video is like so direct. I love this!
Thank you. The tips you gave are really good ones. God bless you both.
Thank you!!!
I love the attitude bro!
Appreciate it bro!!
Damn thanks bro. Listening to you has really improved my trading game
I Appreciate this video..This exactly what I need as a start-up course
Listen I haven’t even started yet because I’m trying my best to understand it. But damn you sure motivated me and made sooooo much sense.
No fr
Man I feel like you made this video with me in mind 😂✌️😁the market is milking the shii out me in a micro account...but we ain't gon stop grinding though 🔥🔥
Thanks Swaggy, this video motivates me.
Thank you so much bro!!! Excellent advice.
you're awesome!!
Came back to the video after two weeks of trading and I'm saying " OHHH HE IS TELLING THE TRUTH!"
You got burnt? It happens... I’m in a slump but I’m gonna shake it off.
Thought this was going to be a generic ‘forex guru’ video but actually it was extremely informative. Well done. 👊🏼
Thaaannnk you! lol people dont even know, it takes patience & timing for the right trades. Well explained bro👌
What up big homie. I live in Hawaii and i just started forex on a demo account and i just wanted to say that your videos make so much sense. I'll definitely be getting out of my MLM. Mahalo
What platform do you use for your demo acct? I'm trying to get started
@@InternationalFlii Hey man I think you should use Etoro.com the app is user friendly and good for beginner's.
@@smackbucks704 thanks bro
International Flii (hit me bro got some advice and tips for you. Basically tools you can use @itsjdott)
@@jamirb528 hit you up where
That last tip was a gem
Appreciate you!
We love your energy!!! Very enthusiastic and full of life! The video content is pure Bible sermon. Thank you very very verrrrrrryyyyy much!!!
This video is what I needed😤📈
"this may sound like foreign language" 😂... I'm just learning so I was excited to know i understood the lango lol
Am back as you said😢i trippled my account then i upped my lots size after 7 consecutive wins just two trades took me out and left me on 100 profit
Thanks for the lesson
i trade in the futures market and i love the way you break it down for people in these videos and get to the point.
Niceeeee
just came across your channel, holy shit i’m loving the content, keep it coming 😂🔥
Appreciate it bro! Working on some new stuff now!
nah facts! I’ve already binged watched half your channel. I’m really trying to understand the market and you’ve been a great help!
This is so motivating. I made 1500$ in just 3 days and lost all that in 2 days because I uppped the lot size and got greedy. Gonna get back in next week and not repeat the same mistake again.
As always great content.
Very similar story for me this past week, made $1600 off of $250 in a couple days. Withdrew 1k and traded with 450, for up to 1000 again and decided to up my lot size and lost 900... now I only have 35 in my account with a running trade of 16 in profit lol. Wish me luck, gonna build it back slow
@@MigwhaIe Can you please help me on how to get started?
Miguel Reyes with who do you trade? Seems like you get much profit
🤣🤣🤣🤣 humans are the funniest species. Change my mind 🤣🤣.
Damn
Great vid bro! Love your vibrance and enthusiasm but most of all great advice!
I have to admit I was kinda skeptic clicking on this video but this guy knows what he is talking about, had to subscribe immediately.👍👍👍🤟
Thanks a lot! I've been wanting to get into forex trading and you got me so fired up🔥🔥🔥🔥🔥🔥
Same here..
I totally agree with you. But what these new traders don't understand is that when you withdraw weekly you have to treat your profits like a paycheck. They dont set any money aside for taxes and they do that throughout the whole year. And then tax time comes around and they like uh oh. I see alot of traders becoming residents of zero capital gains tax countries. I know Puerto Rico is one. But you're definitely right. Much love and respect.
Correct. I may need to make a video on that next
Man that energy and tips !On point!!
You be rocking that Laker gear haha. You're literally the best person I've run across doing this. Thank you Swag.
This is one of the best trading advice i have come across thanks Swaggy needed to hear this.
That’s because they think that it’s gambling 🤣 it’s not.... it’s trading bruh you gotta learn the method 😊
Can you show the method?
Man, I love your videos 😩🙌🏾❤️
Truer words have not been said! I upped my lot size after making few profits and I lost it all.. I will not loose confidence. Thank you so much for this amazing video!
I did exactly this... I got too arrogant with my trades. I did a demo account for like 2days and was like I’m ready. Made $700 profit my first day on live account and then lost $800 later that night 🤦🏽♂️. I needed this pep talk.
What did you start with?
Janice Brown rayperkins247(a)gmailcom
Janice Brown I started trading with $1500 on my first trade and I made $6700 as my ROI with this expert broker, his competence is unrivaled
@@kangkeesahae3975 you couldn't help but go for his brokenness and despair.
your energy and understand has earned you a subscriber... I'm 1.05 into the video
EDIT 5 mins in, i think i will end up watching your videos for a long while lol
Thanks bro, valuable information indeed!!!!! I love the energy, love the knowledge!!!!!
I’m so glad I found your channel
This was made for me Lmaooo, thank you!
I clicked on this video like this dude look madddd familiar, now I remember you are on The Challenge🤯😭
This is realist most helpful video ever wish I had watched it before I changed my strategy this week 🙄
It’s true was on a losing streak but sticking to your plan and not letting your emotions get to you and adjusting what you need to
will make you come back harder then ever 🔥
Bro u know what? I'm from Colombia , ni entiendo mucho el inglés, pero de alguna mare si puedo entender tu forma de explicar! Lol
Is their any book you recommend?
Really like your advice dude. Will do this moving forward and your right you really need to withdraw you profit everyweek to avoid burning your account and make sure you have secured your profit. Thanks again dude
Real talk. You earned my sub 👏🏽👏🏽💪🏽💪🏽
I have lost thousands by failing to exercise proper risk management!
That is a FACT
And you will lose more if you don't get mentorship. Join the Money Circle team and start your forex journey.
He's right I wonder why beginner's try to trade with leverage remember its a two edge sword if you don't know how to manage it boom you lose if you can then you get cool profits. Think about it before you use it next.
@@piptalk6184 are u saying as a beginner I don't need leverage when Trading?
Dear madam please sign up this link to earn 7500euro per week
crowd1.com/signup/wealthteam
email me: gopal10002@gmail.com
Lost $320 first time trading. Now I'm watching your videos n try to make that back and then some this week coming
I can help you make that back in a night I stg ! Hit me let’s get to work @JamirBap on Telegram
JamirB**
Preach Brother!!! Thank you!
You’re absolutely incredible and inspiration me thank you so much Swaggy love u 🥰🥰
You got this fam!! Keep it up!
This seem to be the best motivating Video I ever watched this year and now I’m going to withdraw on my trading account every week instead losing profits back
same here me naija boy.... :)
Need help with that I’m here brodie hmu 📲📲 JamirB on telegram
Just waitingggggggggg on your course 😩😩😩😩
👀🧐
He has a course?
I needed this, thank you
GOT YOU!! Appreciate the support 🙏
Thanks Swaggy your advice is priceless.
You Remind me of the comedian Bill Bellamy, and sound like him Lol
I have had a mixed feeling trading forex, I have had a bad experience, a good one and a better one.
Same here.
Growing a forex trading account takes time and patience, it has ups and downs but with a proper trading strategy you would do fine.
This video motivates me to start again, I once accumulated a profit of $6700 in two months but lost them all few weeks back.
That's sad, I once faced such heart break some months back. To recover my losses and be profitable again I got affiliated with a pro trade platform, where a pro handles my trades.
I have seen so many advertised in the comment section, dont know if I trust any.
We need more like your kind bro,
Really appreciate your massage brother
Bruuuhhh this is just wat I need fr fr this is how you learn know learn to apply and apply what you learnnnn
I recommend after you lose money, take a break from the market, get something to eat, take a deep breath and get back in with a plan
And have a cry if you need to 🤣🤣🤣
🤔Q: if making this your full time job, how do you pay/file your taxes??
Is it like you save a certain percentage of your profits to later pay your taxes? Also, do you personally hire an accountant??
Not sure how it is taxed in the states.
But here in Canada where I'm from, any forex investment is treated as capital gains which only 50 percent of it gets taxed. So for example if I made $10k that whole year, only half of that would get taxed so $5000 would be taxed at 50 percent meaning I would only have to pay $2500 dollars in taxes.
Edit: I'm not a tax advisor and you should seek advice from an accountant.
J.R Junior shit I’m moving to Canada
Business Tax laws in America state that anything that is used to generate more income is deductible. Could vary from a range of things like dry cleaning, pc maintenance, dinner, trips, trading view...etc
Love your energy ❤
Excellent much needed information ❤️
Hi sir can I get tips... Lossing vry badly?
95% of traders Forex fail why? Because they give up quick, it takes time and lot's of experience to become a profitable trader, i will advice any new bie or those having difficulty to always seek guidance from pro trader's and more to avoid lose of funds.
hello i keep losing when i invest but i'm still trading to improve my techniques i just need a better source to invest and earn while still trading on my own.
in all my years of tradings and research the most valuable insight i made was getting in touch with a pro trader Mr George and ever since i started investing with him have been making cool profits like never before.
A trial will prove, i connected him via mail at ,,,,,>
seems you just started investing with him recently, because i'm no longer surprised hearing people talk about him again, Mr George is dominating the trading zone have been with him for 7 months now and my profits keeps coming ,he's just a genius.
heard many good recommendations about Mr George strategies by some other brokers, i think his a genius for people to talk about him, so sad some people only got to hear about him in comments box here.
Damn Bruh, on point all the time. Why did I not stumble on this video earlier? All the highlighted "don't do that" on this video are all the things I did and indeed I kept losing money. Thanks a lot for your tips and lessons. :)
Awesome video Champ! 🏆
I've heard of some pretty shady Forex brokers out there... and even ones that will close your account if your making huge profits.. which one would you recommend that's reputable and reliable.. I want to open up my first broker acct with $300 next week... love energy and videos ☺️👍
There's two types of brokers, the first type is "A brokers," and the second type is "B brokers".
All you need to know is that A brokers trades with you, soo if you win on a trade that broker wins as well. I love A brokers.
"B brokers," is when they trade against you so for example, if you win the broker losses, but if you lose on a trade the broker wins. I always stay away from b brokers cause I have seen a lot of them doo shady things such as like you mentioned closing your account when you're profitable.
@@SkynetTeamDREADWING I don't like oanda. Might as well go with ingot broker. They have a Australia version just for Australians. But they also have an offshore version which offers the samething, and both their versions are regulated.
Week 1: 250-1000 USD
Week 2: 1000-2500USD
Week 3: 2500 USD-10,000USD
Week 4 Loss of 1000 usd so 9000usd left
Week 5: 9000-15,000USD
@@liam-n8098 risk management is the key bruh ;)
That is wisdom right there. Thanks brother
Keep this video coming you are a blessing