How to Grow a Small Forex Account

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  • เผยแพร่เมื่อ 27 พ.ค. 2024
  • If you have a small Forex account I want to show you how you can grow it very quickly. Everything you need to know about how to grow a small Forex account can be found in this video. Risk disclaimer
    the new updated 20 pip challenge spreadsheet for this is available to all members of the trade floor. www.trdfloor.com/
    the trading floor is a new project that I just launched.
    World class day trading education and tools
    www.trdfloor.com/welcome
    the old spread sheet you can easily make on your own just screen shot the one in the video and copy the lot sizes
    The trading floor is a new project that I just launched.
    World class day trading education and tools
    www.trdfloor.com/
    FunderPro
    Start your funded account challenge HERE (20% discount with link)
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    my twitter / artybryja
    For charts Use Trading View
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ความคิดเห็น • 2.7K

  • @vicpr8697
    @vicpr8697 10 หลายเดือนก่อน +542

    I flipped $27 into $144 in one day, leaving 2 positions open over night🔥 but then I traded the next day and lost it all because I didn’t use stop loss🤣 I also flipped $98 into $300+ dollars in a few hours, but also lost it all in 2 days when I was starting off in forex. Now I know proper risk management and usually never lose

    • @Ceeeefour40
      @Ceeeefour40 10 หลายเดือนก่อน +39

      Good to hear that you made some profits! Do you get signals from an external platform or you doing it solo ?

  • @davidgrady-bv2cn
    @davidgrady-bv2cn 10 หลายเดือนก่อน +113

    Wow, after Blowing 10 accounts over 5 yrs & $40,000 accumulatively, trying for the long hauls, i took this challenge . Started with $1000, and 50%, on all trades , conservatively over 2mnths and just 20 pips, sometimes up to 35 pips have grown account to over $60000. And still climbing, thank you for your tutoring, sensational stuff, keep it up.

  • @mirzaayyan65
    @mirzaayyan65 11 หลายเดือนก่อน +42

    I saw this video 1 year ago. That time I was having losses, I was trading like an animal lol, like 20 trades a day and 90% in loss. Then I saw this video, I set a goal to win this 20 pip challenge in 3 months, 30 trades - 3 months. Now in 1 year, I've COMPLETED this 20 pip challenge for 5 times. (More than 250k usd)
    This strategy is the BEST one for every king of trader. you have less money you can start with 20$, you have alot of money you can add as many 0s afer 20 as you want, like 200 or 2000$
    Thank You so much for helping us.

  • @nothingisbestcompany
    @nothingisbestcompany 8 หลายเดือนก่อน +40

    Thanks for your video. I saw this video before 4 month ago, and now, I made my 20$ account to 860$ account. Thank you so much.

  • @joyanwulika8119
    @joyanwulika8119 2 ปีที่แล้ว +513

    Most people venture into crypto to be a millionaire. Meanwhile I just want to be debt free

  • @richardbeen6545
    @richardbeen6545 3 ปีที่แล้ว +1747

    Success is not final; failure is not fatal: it is the courage to continue that counts. Business opportunities are like buses, there’s always another one coming.

    • @nataliejohnson238
      @nataliejohnson238 3 ปีที่แล้ว +14

      I like this

    • @afon8108
      @afon8108 2 ปีที่แล้ว +2

      Nice

    • @yv8190
      @yv8190 2 ปีที่แล้ว +5

      Very nice it make my day 😊

    • @GoldMediaDVS
      @GoldMediaDVS 2 ปีที่แล้ว +8

      - Winston Churchill

    • @rzem
      @rzem 2 ปีที่แล้ว +2

      Love it . thank you

  • @Serean_Miles
    @Serean_Miles 7 หลายเดือนก่อน +14

    Tomorrow is Monday and from tomorrow I am going to try these... i have ₹5000 budget and I will come here after 30 days i.e November 9th and let's see how much i will have. Wish me luck guys

  • @user-vg7rd5lb4z
    @user-vg7rd5lb4z 7 หลายเดือนก่อน +15

    I just use your strategy and i got $1024 just in one day, this is my story before i watch this video, i am a confirmation scalping trading with 78% winrate in my journal for 2 years and i just use 1:2 R&R with 0,05 lots, i have a good technical and fundamental and i just start with this method yesterday and got 17 profit and 3 loss, great challenge to be done..

  • @RonS627
    @RonS627 3 ปีที่แล้ว +1231

    I tried it with $20 live. Flipped it to $70 in a week. It's possible.

    • @Smax7arm
      @Smax7arm 3 ปีที่แล้ว +18

      nice! what leverage did you use?

    • @ankushsharma3140
      @ankushsharma3140 3 ปีที่แล้ว +9

      Hey Rohan, which trading platform are you using

    • @smtradinginstitucional6133
      @smtradinginstitucional6133 3 ปีที่แล้ว +5

      Hey! how is it going rn? how much have you made?

    • @mikusan5661
      @mikusan5661 3 ปีที่แล้ว +6

      How much trade did you take to overall get there

    • @peacecourage5011
      @peacecourage5011 3 ปีที่แล้ว +5

      what time frame rohan and what kind of strategy were you using

  • @borgilbaasankhuu3586
    @borgilbaasankhuu3586 2 ปีที่แล้ว +16

    I just grew my account from $20 to $2800. I can trade on gold with a low-risk ratio(1:100). I traded that way in like three days, and I got $2800. I entered on gold every day with the trade with 10-20 pip stop loss and take profit with 100 pip. And I got that money. Thanks for helping me 😎

    • @lugesh5918
      @lugesh5918 2 ปีที่แล้ว

      What strategy did you use?

    • @scificlips652
      @scificlips652 ปีที่แล้ว

      Bro I don't understand this strategy plz explain. And create a video full explain new

    • @umarfaruq8569
      @umarfaruq8569 ปีที่แล้ว

      👍😊

    • @leotech6124
      @leotech6124 ปีที่แล้ว

      What strategy did you use?

  • @RotterStudios
    @RotterStudios 9 หลายเดือนก่อน +12

    I'm doing this for Futures trading, just started yesterday, and only aiming for 5% per trade. Started with $500, got it up to $1,000 balance in a day. Go level by level. I like this a lot since it gives me structure and a goal.

  • @charleneaira3996
    @charleneaira3996 ปีที่แล้ว +28

    Very interesting with the spreadsheet because I have a similar system where I fixed the percentage growth on the account instead of the 20 pips. Both methods works but the outcome depends on your fixed variables.

  • @aiven963
    @aiven963 3 ปีที่แล้ว +346

    been doing this challenge, currently at lv 10 ($212ish), wish me luck !!

    • @Smax7arm
      @Smax7arm 3 ปีที่แล้ว +4

      nice! trying to understand how to start this myself. what the leverage you use?

    • @amiruliman4686
      @amiruliman4686 3 ปีที่แล้ว +1

      Goodluck! what your strategy?

    • @blurrymusic3060
      @blurrymusic3060 3 ปีที่แล้ว

      how many days past?

    • @rosse6017
      @rosse6017 3 ปีที่แล้ว +6

      How have you been finding the 20pip challenge? Also is it with the 3 bar strike strategy

    • @rohitpandey-jl5cb
      @rohitpandey-jl5cb 3 ปีที่แล้ว

      Good luck...

  • @gfexc
    @gfexc 2 ปีที่แล้ว +94

    Little detail: "they have to be all sucessful trades"

    • @phrofit4419
      @phrofit4419 2 ปีที่แล้ว +13

      Yeah and if you can trade 0.03 lots with 20 bucks thats some insane leverage

    • @nixteizzz9490
      @nixteizzz9490 2 ปีที่แล้ว +26

      yea but not in order right? you can fall a few levels back and then go up again i think

    • @rochelle9647
      @rochelle9647 2 ปีที่แล้ว

      😂🤣🤣🤣

  • @guru4797
    @guru4797 9 หลายเดือนก่อน +1

    In this world is hard to find a good mentor, and to have RD dropping education and experience like this getting not only the money aspect but the mentality aspect sharp feels like a blessing

  • @xCloood
    @xCloood ปีที่แล้ว +22

    I did this and it helped me alot! my strategy was from lv 1 to 10. take profit then go back to lv 1. once I gather more money thats when I'll try to go further little by little.
    THANK YOU SO MUCH FOR THIS!

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      You're very welcome
      Get The Best Entry
      th-cam.com/video/RyTlRkMujuk/w-d-xo.html

  • @BigHitMo
    @BigHitMo 3 ปีที่แล้ว +14

    I clicked the save to playlist button about 4 times just to be 100% certain I won't lose it. And I liked and subbed. Great content!

  • @DZalan-yn6zh
    @DZalan-yn6zh 2 ปีที่แล้ว +126

    I'm 17 yrs old at the moment and I decided to learn about trading for at least 2 hours a day for 1 year till I'm 18 so I can start trading. I'm watching this video because I wont have 10k to trade with. I will only have like 300-400 dollars and this videos was helpful. Thank you!

    • @abdirahnman_shaafici7062
      @abdirahnman_shaafici7062 2 ปีที่แล้ว +14

      Start with 20 dollar

    • @TheElite2
      @TheElite2 2 ปีที่แล้ว +4

      Are you still learning? Keep learning keep growing

    • @severikarjalainen
      @severikarjalainen 2 ปีที่แล้ว +4

      Any updates on your trading? Is it going good?

    • @Paulgirard78
      @Paulgirard78 2 ปีที่แล้ว +1

      Are you still learning ?

    • @pharrell7248
      @pharrell7248 2 ปีที่แล้ว +2

      I am doing the same too

  • @levonalyanakian1831
    @levonalyanakian1831 ปีที่แล้ว +11

    This guy is gonna get me out of the matrix

  • @donnajoy9635
    @donnajoy9635 8 หลายเดือนก่อน +3

    Hello, I just found you love how you keep it simple. I am brand new (this month) and appreciate this wealth of knowledge I will continue to learn and grow with your videos! THANK YOU!

  • @stuartlaubscher1685
    @stuartlaubscher1685 2 ปีที่แล้ว +74

    Love it Artie, this is the separate BET account, that can feed the main BID account. From a psychological point, it nullifies the gambler tendencies, but fulfills the need to be reckless or irresponsible when the BID account is on a losing streak.

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว +2

      HERE IS MY UPDATE TO THIS VIDEO
      PLEASE WATCH THIS
      How to Grow a Small Forex Account
      th-cam.com/video/xxrgGE7rgb8/w-d-xo.html

  • @Korupshenv1
    @Korupshenv1 3 ปีที่แล้ว +271

    The absolute best channel in trading right now. Such a breath of fresh air! Keep them coming!

    • @TheMovingAverage
      @TheMovingAverage  3 ปีที่แล้ว +25

      Always

    • @zcouldmusic
      @zcouldmusic 3 ปีที่แล้ว +11

      @@TheMovingAverage Please sir how to get this excel workbook?

    • @frankemmanuel2769
      @frankemmanuel2769 2 ปีที่แล้ว

      Please guys am new here, who has the chart of this explained 20 pips challenge I really need it please help a brother 🙏

    • @dodger7789
      @dodger7789 2 ปีที่แล้ว

      @@zcouldmusic check his discord

    • @danialhaiqal7986
      @danialhaiqal7986 2 ปีที่แล้ว

      @@dodger7789 what is his discord username?

  • @baljinderkaur337
    @baljinderkaur337 2 ปีที่แล้ว +2

    Your innovative contents are helping me to grow my account dramatically. Thanks Artie

  • @ca-designs
    @ca-designs ปีที่แล้ว +152

    Hi Arty, I hope my question doesn't bug you, but you're some of the few people that inspire trust about this topic on the internet and TH-cam.
    By any chance, do you have any video where you breakdown from A to Z the steps for anyone who wants to start studying how to become a day trader, and how to start a small account?, the platform you use, broker, technique, etc...
    Thank you

  • @gilatravler2549
    @gilatravler2549 2 ปีที่แล้ว +55

    Love your channel boss! Thank you for taking the time to teach and keep up the great work. I hope you and your family had a blessed Thanksgiving 🙏🏼

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว +6

      HERE IS MY UPDATE TO THIS VIDEO
      PLEASE WATCH THIS
      How to Grow a Small Forex Account
      th-cam.com/video/xxrgGE7rgb8/w-d-xo.html

  • @wilkinsdejs.sirit.185
    @wilkinsdejs.sirit.185 2 ปีที่แล้ว +5

    The best guide table that one can use, I have a similar one but it contemplates 100% in 60pips, yours seems more logical and conservative, it is great!

  • @RFX360
    @RFX360 5 หลายเดือนก่อน +3

    I flipped a demo fron 17 GBP to 8700 GBP in 2 days. on friday 22/12/2023 i deposit 20 gbp, now i have a ball of 39 GBP with 16 GBP flpating, that's 55 gbp on equity. thanks to this challege

  • @LaughLounge11
    @LaughLounge11 8 หลายเดือนก่อน +4

    I don't have the money to start a $50 acc yet and so I'm playing with Demo accs for now to learn more. Been doing me good lately and have made my 50 to $200 in 3 days. been happy abt it :)

  • @thousandlocks3258
    @thousandlocks3258 3 ปีที่แล้ว +5

    I agree with you 100% I'm a moving average trader I don't let nobody talk me out of using moving averages.

  • @aevanlee6942
    @aevanlee6942 3 ปีที่แล้ว +37

    Good advise, smart way by starting a trade with small cap, then roll big with a same mindset. When the account is growing big i think we are still able to handle the lost as it was started with 20USD. No big deal!

  • @marketwarriorfx
    @marketwarriorfx ปีที่แล้ว +12

    I love how you specify this is dangerous LOL. Great stuff bro!! Keep on rocking it!! Something I do, If i have 3 trades that hit TP I will then reduce my risk by 25% for the 4th and if that hits TP i do another 25% reduction on the 5th. I have found there is a huge chance of taking a loss if you have 5 wins in a row. What this does is it smooths out the DD curve on your equity growth.

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      Sweet congratulations
      How To Grow A Small Forex Account
      th-cam.com/video/xxrgGE7rgb8/w-d-xo.html

  • @CindiTilson
    @CindiTilson ปีที่แล้ว +18

    Amazing video. I love the way you teach, easy to follow. Have watched several videos of your and have been taking notes to look back at. Going to try this on a demo and see how it goes.

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว +3

      Thank you
      The Truth About Day Trading Forex - Why Most People Fail
      th-cam.com/video/4K6xl3-mkxs/w-d-xo.html

  • @marcusbutcher3433
    @marcusbutcher3433 2 ปีที่แล้ว +223

    Great info Arty. Your info has helped me become better on entry and exits, but just needed something more. This did it for me! I used this sheet as a guide and set up my profit goals, lot sizes and broke the whole thing down to pips per day. Not by any means a 20 pip challenge, but it has put structure in my trades. I have a margin account , so I had to set trades so that I would not get margin called. With a 15 pip a day avg, It could possibly grow to 100,000 dollar account in 362 trading days. Thanks and wish me good trends.

    • @MossadDid911
      @MossadDid911 2 ปีที่แล้ว +6

      How much you starting with

    • @gachuhichege6390
      @gachuhichege6390 2 ปีที่แล้ว +7

      Good luck to you!! How’s it going so far?

    • @Spyderd20
      @Spyderd20 2 ปีที่แล้ว +8

      @@gachuhichege6390 We want a status update!

    • @luciahadad5
      @luciahadad5 2 ปีที่แล้ว +1

      All the best :)

    • @Kevinschart
      @Kevinschart 2 ปีที่แล้ว +16

      if it was this easy we'd all be millionaires. this is pie in the sky, wishful thinking. This is more for entertainment purposes than educational purposes.

  • @jazminwilliams5116
    @jazminwilliams5116 2 ปีที่แล้ว +13

    Your explanations are extremely thorough! I love it! Thank you!

  • @ladycryptocoach9747
    @ladycryptocoach9747 2 หลายเดือนก่อน +1

    I love the clarity with which you teach

  • @missmjl2468
    @missmjl2468 2 ปีที่แล้ว +1

    I am very new to any trading and ha e very little funds to spare so this is fabulous. I can practice on demo, get some idea of what the hell iam andoing and learn as I go. Thanks for your great channel!

  • @aompoomrapeethaoya6529
    @aompoomrapeethaoya6529 2 ปีที่แล้ว +9

    I'm Thai. Thank you very much for translating Thai language for me to learn. I love trading I will strive until I succeed.🙏🙏😊

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      HERE IS MY UPDATE TO THIS VIDEO
      PLEASE WATCH THIS
      How to Grow a Small Forex Account
      th-cam.com/video/xxrgGE7rgb8/w-d-xo.html

  • @khwezi_bass
    @khwezi_bass 2 ปีที่แล้ว +36

    Love it! This video really suits my risk appetite and it's my kind of reckless. I'll definitely try this out. Thanks!

    • @keziahdelaney8174
      @keziahdelaney8174 2 ปีที่แล้ว

      How did it go mate?

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว +1

      HERE IS MY UPDATE TO THIS VIDEO
      PLEASE WATCH THIS
      How to Grow a Small Forex Account
      th-cam.com/video/xxrgGE7rgb8/w-d-xo.html

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      HERE IS MY UPDATE TO THIS VIDEO
      PLEASE WATCH THIS
      How to Grow a Small Forex Account
      th-cam.com/video/xxrgGE7rgb8/w-d-xo.html

  • @streetfit909
    @streetfit909 5 หลายเดือนก่อน +2

    What’s good about it is it teaches a clear strategy to follow. When you think of all the ways we waste money, including putting money in the bank, win or lose, here’s the best $20 you ever spent. 👍

  • @FxPipsClub
    @FxPipsClub 4 หลายเดือนก่อน +2

    This is just amazing. A crystal clear explanation of details. Appreciated!

  • @ruthiecutie2706
    @ruthiecutie2706 3 ปีที่แล้ว +4

    Thank you for sharing sending love from Jamaica

  • @phoenixislandgirl
    @phoenixislandgirl 3 ปีที่แล้ว +15

    Great Info. Just subbed. I am new to trading and you explain everything so clearly.

    • @prodhasty
      @prodhasty ปีที่แล้ว +1

      how it is going now?

  • @angiem.j0217
    @angiem.j0217 ปีที่แล้ว +1

    This is amazing!!! it takes time to build and that’s the way we should look at this..it’s not over night. Thx Arty!!

  • @dfraz2131
    @dfraz2131 9 หลายเดือนก่อน +2

    Just doing my homework. Thanks for your time and energy producing this content.

  • @aducaale328
    @aducaale328 3 ปีที่แล้ว +10

    Thanks i am new members here. I am already familiar with moving averages but this creative idea you proposed here was what i was missing. Thanks and will join the discord to find the journal. As you advised I will test it in demo at least once. Much appreciated your efforts bro.

    • @frankemmanuel2769
      @frankemmanuel2769 2 ปีที่แล้ว

      Hi bro please help me with the sheet picture I have tryed to get it but could not

  • @siyamthandakhumalo
    @siyamthandakhumalo 2 ปีที่แล้ว +3

    God bless your efforts I have been looking for all my life

  • @juan-pierreconradie1463
    @juan-pierreconradie1463 หลายเดือนก่อน +2

    I started yesterday, taking my time with analysis and picking my entries according to the 3ls and big ass candles, both trades were successful 28 left to go

  • @youroger.
    @youroger. 3 วันที่ผ่านมา +1

    So far I have done it 4 times, $15 into $90. $20 into $134. $37 into $295 and $25 into $321

  • @vincentms14
    @vincentms14 2 ปีที่แล้ว +3

    I have seen many video about trading, yours are inspired, keep going !! and thank you.

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      HERE IS MY UPDATE TO THIS VIDEO
      PLEASE WATCH THIS
      How to Grow a Small Forex Account
      th-cam.com/video/xxrgGE7rgb8/w-d-xo.html

  • @jimgregory9616
    @jimgregory9616 2 ปีที่แล้ว +4

    this has been the greatest thing since roller skates just simple math and a good trading system thank you so much

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      HERE IS MY UPDATE TO THIS VIDEO
      PLEASE WATCH THIS
      How to Grow a Small Forex Account
      th-cam.com/video/xxrgGE7rgb8/w-d-xo.html

  • @webventures
    @webventures 2 ปีที่แล้ว +1

    Subscribed! Your training is the best I have seen so far on TH-cam.

  • @McOst-RICH
    @McOst-RICH 2 ปีที่แล้ว

    Your trading channel is one of the best ones that can be found on the web. Amazing 🤩💨👍thx 🙏

  • @russellcormier5432
    @russellcormier5432 2 ปีที่แล้ว +7

    Appreciate the video..This exactly what I need as a start-up

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      HERE IS MY UPDATE TO THIS VIDEO
      PLEASE WATCH THIS
      How to Grow a Small Forex Account
      th-cam.com/video/xxrgGE7rgb8/w-d-xo.html

  • @rajgangadin6831
    @rajgangadin6831 2 ปีที่แล้ว +35

    Hi Artie Thank you for all your content. Very informative. Please guide me on how to work around the reserve margin on only the $20.

    • @husactimotei1520
      @husactimotei1520 ปีที่แล้ว

    • @otakubabaji
      @otakubabaji ปีที่แล้ว

      hey bro whats the situation of your account like profit or loss?

  • @user-xr6tr8qq7s
    @user-xr6tr8qq7s 2 ปีที่แล้ว

    That's a good risk managment plan!! It could help a LOT a TON with your emotions while trading as well.

  • @shemka3942
    @shemka3942 11 วันที่ผ่านมา +1

    I had a day where I took 6 trades, won 5 and got from 10 dollars to 145 dollars. Revisit the way you make good trades to understand what you did right.

  • @massihjafari6521
    @massihjafari6521 2 ปีที่แล้ว +4

    Thank you for the contents ❤️

  • @izzyrov5814
    @izzyrov5814 2 ปีที่แล้ว +8

    Sounds great! I'm definitely gonna try this, thanks a lot!

    • @richardrivas3294
      @richardrivas3294 2 ปีที่แล้ว

      Hello bro,you trade crypto n forex right?

    • @tonyantoniodeveaux9170
      @tonyantoniodeveaux9170 2 ปีที่แล้ว

      This guy is really give great advice to make good profit, right!!

  • @devildogdad100
    @devildogdad100 2 ปีที่แล้ว +1

    Love the way you explain trading. Just subscribed. Thanks.

  • @sameernaikwadi55
    @sameernaikwadi55 9 หลายเดือนก่อน +4

    I am Not professional i am a youtuber....Very Genuine Man...Great Bro

  • @jordanmurphy3746
    @jordanmurphy3746 3 ปีที่แล้ว +32

    Follow normal risk management and grow over time it’s a marathon not a sprint

  • @hecticpizza
    @hecticpizza 3 ปีที่แล้ว +12

    Finally done watching all of your videos. Thanks so much for doing this. Time to backtest!

  • @Sonofdoom
    @Sonofdoom ปีที่แล้ว

    one of if not the best channel so far :) thank you for your amazing content arty

  • @alientech7496
    @alientech7496 11 หลายเดือนก่อน

    Really a much needed on growing a small funded account, may be I have been late for this video. I'm watching this after content after 2 years after uploaded But It is really useful.❤‍🔥💯

  • @octaviograsia2831
    @octaviograsia2831 3 ปีที่แล้ว +64

    Great video. Early of this year i did the same thing too..but i do not have a journal. I did from $6 to $350 in 1 month...just challenging myself with my Naked Chart knowledge. Now im thinking to use your strategies here with $20 in demo account and see if Moving Average is for me. Tq buddy. Keep them coming. Would love to see more live videos for scalping strategy.

    • @TheMovingAverage
      @TheMovingAverage  3 ปีที่แล้ว +8

      Nice

    • @danteilovu-just7314
      @danteilovu-just7314 3 ปีที่แล้ว +1

      I need to know this as well did you get an answer? @Jcinth

    • @Smax7arm
      @Smax7arm 3 ปีที่แล้ว

      @JcinthYes, please tell us your leverage... Not sure why he or anyone would share a money managment strategy like this and not talk about the Leverage!??

    • @jdq17
      @jdq17 2 ปีที่แล้ว +6

      Good job. I use flipping small accounts, smallest was $1.99 lol, to improve patience and discipline. Flipped that $2 to $1000 in 2 weeks. I like this video as I use the same risk in my scalping strategy.

    • @koro2784
      @koro2784 2 ปีที่แล้ว +1

      @@jdq17 how’d you do it?

  • @Soulcleansing23
    @Soulcleansing23 6 หลายเดือนก่อน +1

    Love this guy! What a journey 🎉 I'm liking every vid i learn from

  • @Prof.Polymath
    @Prof.Polymath ปีที่แล้ว +1

    Can’t wait to try this. Great explanation fella thank you 👍🏼

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      welcome
      The Best Way To Be a Better DAY TRADER PERIOD!!!
      th-cam.com/video/7Q95Z3cQjlQ/w-d-xo.html

  • @darrylbaker273
    @darrylbaker273 2 ปีที่แล้ว +6

    I love this. I did a demo account and had a lot of the same strategies and made great gains in a few weeks using a similar technique. Great vid.

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      HERE IS MY UPDATE TO THIS VIDEO
      PLEASE WATCH THIS
      How to Grow a Small Forex Account
      th-cam.com/video/xxrgGE7rgb8/w-d-xo.html

  • @JohnPickup-CDHS-ze6qd
    @JohnPickup-CDHS-ze6qd 4 หลายเดือนก่อน +6

    "That money is no longer yours"
    I actually really like that statement. That's a great way to accept losing money and wrap your head around it

  • @Vaandam3
    @Vaandam3 11 หลายเดือนก่อน +1

    Just found your channel. I like the content, and your marketing is on point as well; so that's a plus. It's very professional looking.

  • @kuwaityq8771
    @kuwaityq8771 2 ปีที่แล้ว +2

    TP: 20 pips
    SL: 15 pips
    In totally 30 trades wins
    I will try $200 To give myself a chance.
    Thanks

  • @TheGandorX
    @TheGandorX 2 ปีที่แล้ว +64

    I think the easiest way to look at this risk management is: target 20 pips, risk/reward ratio 1.3, risk = 15.4 pips at most.

    • @richardrivas3294
      @richardrivas3294 2 ปีที่แล้ว +2

      Hello bro,you trade crypto n forex right?

    • @humzdon4life
      @humzdon4life 2 ปีที่แล้ว +49

      @@richardrivas3294 nah I trade pokemon cards

    • @evanelbana438
      @evanelbana438 2 ปีที่แล้ว +1

      Very clear. Thanks

    • @sammyxf6992
      @sammyxf6992 ปีที่แล้ว

      @@humzdon4life good one

  • @DavidElstob73
    @DavidElstob73 3 ปีที่แล้ว +35

    At the end of the day, it is 5 x less risky than risking 1% on a traditional $10,000 account.

  • @gustavgoosen5536
    @gustavgoosen5536 4 หลายเดือนก่อน +1

    Hey, just found your channel, liked and subbed. Having so much fun with demo accounts between me and some friends with this. Its a gr8 challenge !

  • @Mohammed-1mind
    @Mohammed-1mind ปีที่แล้ว +2

    I trust on you because , I respect you don't let me down ✋🏻

  • @terrymann2840
    @terrymann2840 3 ปีที่แล้ว +3

    Wise spending is part of wise investing and it’s never too late
    to start.

  • @kaychovskydestroy9861
    @kaychovskydestroy9861 2 ปีที่แล้ว +11

    12:20
    Oh ,come on bro .
    It's 20$ , 😊 if it's gonna go , then let it go .
    But if it's work . It's gonna be 52 000 $ .
    It's nothing to lose broo. 🤷🏿‍♀️But it's a lot to win 😉 , some times we have to be smart 🤓 .

    • @godspoweromuji9302
      @godspoweromuji9302 2 ปีที่แล้ว

      So many smart comments in here
      Me likey😊

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      HERE IS MY UPDATE TO THIS VIDEO
      PLEASE WATCH THIS
      How to Grow a Small Forex Account
      th-cam.com/video/xxrgGE7rgb8/w-d-xo.html

  • @SunnyE123
    @SunnyE123 หลายเดือนก่อน +2

    I turned 20 to 200 gbp but I blew the account I’ve decided to come back and learn the forex properly and make my own strategy only using phone atm.

  • @debbieallen26
    @debbieallen26 12 วันที่ผ่านมา +1

    This is the way i wanna grow. Completely new to this but am gonna study study study first

  • @JethroIngka
    @JethroIngka 6 หลายเดือนก่อน +3

    My record was flipping $35 to $1400 in 14 trading days. But afterwards, i lost it all out of greed for getting rich quick.

  • @endymion9364
    @endymion9364 2 ปีที่แล้ว +68

    Dont use more than one position, as your lot size increases you wont have any margin room to be able to hold the trade if it comes down alittle. margin will close you out if you dont have enough to hold it and you would have lost more than 60-70% of your account.

    • @RJStrokes
      @RJStrokes 2 ปีที่แล้ว +1

      Margin means Stop loss?

    • @adjmbb5109
      @adjmbb5109 2 ปีที่แล้ว +3

      @@RJStrokes Margin is leverage

    • @Kevinschart
      @Kevinschart 2 ปีที่แล้ว +1

      trade smaller if you want multiple entries

  • @LuluFrance
    @LuluFrance 27 วันที่ผ่านมา +1

    I suggest that this Challenge is excellent to teach traders to follow trading plans to the tee. No deviation, strict trading rules, and if a trader follows them, and then if you can do that on a demo a few times over, it's highly likely you'll complete this challenge with a live account.
    Focus then switches to lot size, pips and chart movement and not the profit of the trade. As you move down the chart - only perfect setups can be considered.

  • @ApnaDigitalBazaar
    @ApnaDigitalBazaar 7 หลายเดือนก่อน

    Hello Arty, Superb video. I need this sheet to practice. I love your channel. I used to trade on setups that you tell us about in your video. This video is quite interesting.

  • @Alucardpred
    @Alucardpred 2 หลายเดือนก่อน +4

    So you are telling me if im smart enough and lucky enough i can make 20 into 50k and do it multiple times maybe 100 $ a week into 5x20 and keep doing it, i just started looking into this because i wanna quit the deadly 9to5, i like how you explain things 👍🏼

    • @TheMovingAverage
      @TheMovingAverage  2 หลายเดือนก่อน +1

      It’s not really as easy as it sounds, and it’s very risky so proceed at your own risk

  • @binodop8769
    @binodop8769 2 ปีที่แล้ว +3

    My favourite teacher love from India ♥️

  • @dionft9202
    @dionft9202 ปีที่แล้ว +1

    From each video i watch from you, i like you more. Really nice man, Thank you and keep the great work

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      Glad you like them!
      Get The Best Entry
      th-cam.com/video/RyTlRkMujuk/w-d-xo.html

  • @ioannisntoumas7815
    @ioannisntoumas7815 ปีที่แล้ว +1

    Well done for your awesome advice and your work!

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      Thank you!
      The Best Way To Be a Better DAY TRADER PERIOD!!!
      th-cam.com/video/7Q95Z3cQjlQ/w-d-xo.html

  • @whosurbunny
    @whosurbunny 5 หลายเดือนก่อน +5

    I love this idea! I can be very objective and less emotional about my gains/loses. as long as I dont lose my original total... Im down for this! LOL! The challenge feels in my mind a lot like Mastering a new Video Game! 🙃😉

  • @mascana9876
    @mascana9876 3 ปีที่แล้ว +25

    Thank you bro, that's really amazing trading challenge. I think I'm going to try your challenge. It is very interesting that by using your scheme, we can keep make our psychology on good shape even when we loss 30% of equity!

  • @vpnforex7043
    @vpnforex7043 ปีที่แล้ว +1

    True words. It's not easy to win all the time. Experience lesson for beginners 👍

  • @shafakaldik2
    @shafakaldik2 ปีที่แล้ว +3

    Sounds like a great idea for goal setting and it really teach how powerful compounding can be

  • @andrebk3
    @andrebk3 3 ปีที่แล้ว +7

    Great video! Thanks! I’ll be testing this in demo. Could you link the video with the strategy you mention (min 12)? Please!

  • @hoodgabit37
    @hoodgabit37 ปีที่แล้ว +1

    Good advice. I am gonna try this but with 10 pips goal per entry and I will do it twice as you always said "It's easier to get 10 pips than 20 pips".

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      👍😉
      TOP 10 Day Trading Mistakes YOU NEED TO KNOW
      th-cam.com/video/gcMKdkCdwdY/w-d-xo.html

  • @judegandus7003
    @judegandus7003 ปีที่แล้ว +1

    Hello Big Brother Arty, Great Ideas there. thanks for sharing with Us.

    • @TheMovingAverage
      @TheMovingAverage  ปีที่แล้ว

      You’re welcome ☺️
      Get RICH By Doing HARD Things
      th-cam.com/video/pi3o9xMr0FE/w-d-xo.html

  • @mengeandoh9902
    @mengeandoh9902 2 ปีที่แล้ว +3

    great content. I am looking for the link to your compounding plan....is the calculation of risk percentage, pips and lot sizes automated?

  • @dsaves3811
    @dsaves3811 2 ปีที่แล้ว +28

    Man I had been doing the similar thing like this for 3 months before I watched this channel. It’s fun to see this video tdy. Btw I got to level 27 in this standard, and my initial capital was 120usd. Now dropped to 9700usd. And I felt the exactly same bad way when dropped to this level through 10 bets losses. Haha. Good luck u all. I’m still doing this.

    • @MAX_BUX
      @MAX_BUX 2 ปีที่แล้ว +1

      Are you doing it on a live account??

    • @realmarcio2029
      @realmarcio2029 2 ปีที่แล้ว

      how much money did you have at level 27?

    • @kenasssss
      @kenasssss 2 ปีที่แล้ว +7

      please make sure to withdraw some money here and there - helps the mindset

    • @susilozone
      @susilozone 2 ปีที่แล้ว

      I will try this in the next monday. hopefully everthing is okay

    • @manasgadkari7883
      @manasgadkari7883 10 หลายเดือนก่อน

      @@susilozone how was it? did it go as planned

  • @TrevorMcGheeTheGreat
    @TrevorMcGheeTheGreat 2 หลายเดือนก่อน +1

    Enjoyed this thank you!

  • @wethestar1
    @wethestar1 ปีที่แล้ว +1

    I have just started watching you, I hope I can use your ideas and suggestions to grow!

  • @streetfit909
    @streetfit909 5 หลายเดือนก่อน +16

    One small question I was wondering.. Why not go with 10pips (or even 5pips) and double the risk to 60%. Wouldn’t the odds favor a 10pip gain over a 20pip gain and give you a win more consistently and get you there faster?

  • @nWo_remiix
    @nWo_remiix 2 ปีที่แล้ว +3

    idk i trade gold & i focus on catching 10 pips per trade than move my S/L (stop loss) to B/E (break even) this way if the trade continues to work in my favor i took any risk off the table by securing profits but also leaving a running position to obtain more profits