Risk Management Use Trading Account as a Full-Time Trader
Many people must wonder, how to manage our trading account to minimize our risk, and so that we can last a long time in this field of trading. Read to the end if you want to know Tips that become a Game Changer in my career as a trader.
No matter part-time or full time, you can follow these tips. Many people remember when you want to be serious in this trading, open a large account and trade take 2% a day from that account. Grow slowly.
For example, Plus-minus a monthly profit of about 20% or 30%. if 30% of USD10K, already USD3K. Who wants to pay that much, right? But happy too?
That's a lot of people who think it's just profit. What if you lose?
Trade has a trade, that month lost 10% -15%. USD1.5K is close to RM5,000. So that month's income, I really can't get it. I lost how to withdraw. Say next month loses again. How to maintain life?
That is what many people mistake.
I was like that at first. But a good start, luckily lined up a few months. Fun, enjoy life. Withdraw all profits. Profit a lot. Use enjoy as best you can. Next month will supposedly be able to again. After a few months, there is a loss. Enter 2 months of consecutive losses. I can study one way to maintain. I started over, and this is the game-changer in my trading. Want to know how?
I trade as usual and try my best to make a profit next month. Last month was fun, there was a profit. I withdraw from profit. I only use half. Half again I divided into 5 HIGH-RISK accounts.
5 Accounts, I am looking for a broker that gives high leverage like 1: 2000 and also a nice bonus, 50% -100% support margin. I have been in trading for almost 10 years, so I can detect any technique, time or way of trading that I can collect around 10-15 pips once a trade. What's more, with the bonuses and leverage that brokers share. I made this a high-risk account, reach the full margin.
If you have been trading for maybe more than 3 years, you will not be able to study any places you are comfortable taking 10-15 pips. The winning ratio is very high for FULL MARGIN!
Who says high leverage is not good? Only people who can not take advantage of it will feel that way. All things have pros and cons, right?
In 5 accounts, there will be 1-2 losses. But what is interesting is the profit from 3 more accounts, which can reach 3 times the profit of my low-risk account. (Half I used earlier).
This is what many of our traders do not know!
From there we grow accounts, top-up into low risk, divide into high risk. Soon you will have low risk, medium risk, and high-risk accounts. These three accounts can definitely maintain your life as a full-time trader. Do not believe it? Try to follow my advice.
There will be months when all MC high risk accounts. Less income that month, but income from low risk is quite large. So slowly you will have a beautiful portfolio and can maintain your life. Full time, or part-time is up to you. Promise profit.
Which forex broker gives high leverage for us to use as a high-risk account? I use InstaForex, you can click here if you want to open an account with InstaForex(link).
Instaforex gives leverage up to 1: 1000. That's delicious to make high risk.
Please click SHARE if you find these tips useful. Maybe with our sharing, we can help our trader community. Can't help much, help a little right?
This method Full Time Forex Trader Live Account To Manage Risk The Forex Profit
August 13, 2020
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