User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Monday December 26, 2016 - 23:28:09 GMT
. - .

Share This Story:
| | Email

How to trade a small account profitably

Trading is not an easy job yet it can be made easy by strict trading discipline and a strong foundation of the forex market. There are many forex traders in the world who have struggled hard for many days and in the last quitted trading. They blame that they had a too small account or the market is not moving perfectly. But if you lose in the forex market then it’s completely your fault since 5 percent of the people are always making money by trading the financial assets in the industry. Some people might say that 5 percent people have a very big trading account and that why they are profitable. But in reality forex trading has nothing to with your trading capital. If you can manage a small trading account then you can manage a big trading account.

Trading the financial industry successfully requires strict trading discipline and proper execution of the trading plan. Those who are blaming their account size for losing money in the forex industry will never blame their account size after reading this article. To be honest there are many traders who are living a high standard life with a small trading account. If you know how to make money in this industry then the deposit is not a factor.

So how do we trade the small account? Don’t worry we will tell you to trade the small account profitably. But before you start trading the small account you must strong determination and strict trading discipline. If you miss any one of the single criteria then you will not be able to trade profitably in the market.

Focus on your trading method: Most of the novice traders fails to make money in this industry due to their lack of knowledge and strict trading discipline. They focus on how much money they can make on every single trade. But if you truly want to become a professional trader then you should concentrate on your trading method. You should continuously work hard to make you execution precise in the market.

Most of the professional trader in the forex industry always focus on their trading performance since they know their performance is the key ingredient to making consistent profit in the market. As a professional trader, you should never think about how much money you can make rather you should think how to execute the best trade in the market with precise stopples .If you start implanting this rules in your small trading account then within in a year your small trading account will be big enough to make you finically stable in the society.

Build a portfolio: If you are trading the financial industry for a long period of time then you probably know that there are only a few traders who have a solid portfolio in the financial industry. When you start your trading career with a small trading account try to develop a strong portfolio. A small portfolio can significantly improve your trading performance and career and help you to trade your small account with great care. You should never consider the amount that you have in your trading account. If you do so you will always be under pressure and it will restrict your best performance to a great level. Even if you trade with a big account then you should not focus on your trading account since it will mentally weaken you since your risk will be high compared to your small trading account.

Master the art of money management: You cannot find a single successful trader in the financial industry trading the financial instrument without following money proper money management factors. As a small trading account holder, you should focus on percentage and you should never focus on the amount. Your main target will be trading the different financial assets in the forex market with low risk. The moment you will master the art of money management is the very moment you will become a successful trader in the financial world. There are many traders who follow strict money management for long period of time. But once in a year they lose their hard grip on their money management rules and incur huge losses in the market. Always remember that if you trading the forex market then you can’t afford to make a single mistake. A single mistake can blow your whole trading account within a minute.

Execution of perfect plan: The mention tips should be the prime part of your trading strategy. As a professional trader, you should develop your trading strategy based on these principles. And try to trade the financial instrument in the market with price action trading strategy. The price action trading strategy is considered to be the most advanced trading strategy in the world. If you can master the art of price action trading in the financial world then you will realize that the amount of deposit in your trading account is not factors for your profit.

Summary: Trading the small account successfully requires an extreme level of patience and dedication. As a small account holder, you should follow all the rules more strictly since you have less space to make mistake. Make sure you trade the financial instrument with proper risk management factors. Try to build a solid trading portfolio. A solid trading portfolio will help you to remain disciplined in the trading world since you will fall in love with your successful portfolio and ultimately you will take less risk in the market. Never blame you trading account deposit if you make mistake. It’s true that you will make less amount of money with a small trading account but if you can trade the market properly then this small trading account will generate huge profit after one or two years.

 

 

 

Forex Trading News

Forex Research

Daily Forex Market News
Forex news reports can be found on the forex research headlines page below. Here you will find real-time forex market news reports provided by respected contributors of currency trading information. Daily forex market news, weekly forex research and monthly forex news features can be found here.

Forex News
Real-time forex market news reports and features providing other currency trading information can be accessed by clicking on any of the headlines below. At the top of the forex blog page you will find the latest forex trading information. Scroll down the page if you are looking for less recent currency trading information. Scroll to the bottom of fx blog headlines and click on the link for past reports on forex. Currency world news reports from previous years can be found on the left sidebar under "FX Archives."



Elevate Your Trading With The Amazing Trader!

The Amazing Trader includes:
  • Actionable trading levels delivered to YOUR charts in real-time.
  • Live trading strategy sessions.
  • Market Updates with Trading Tools.

Register To Test Your Amazing Trader


Trading Ideas for 20 October 2017

Register for the Amazing Trader

1.

Amazing Trader EVENT RISK Calendar:

Fri 20 Oct
12:30 CA- Retail Sales & CPI
14:00 US- Existing Homes Sales


Tue 24 Oct
All Day flash PMIs
Wed 25 Oct
01:30 AU- CPI
08:00 DE- IFO Survey
08:30 GB- GDP
14:00 CA- BOC Decision
14:30 US- EIA Crude
Thu 26 Oct
11:45 EZ- ECB Decision
12:30 US- Weekly Jobless
14:00 US- Pending Homes Sales
Fri 27 Oct
12:30 US- GDP
14:00 US- final Univ of Michigan

Forex Trading Outlook


Potential Trading Opportunities


  • POTENTIAL PRICE RISK: High Fri-- 12:30 GMT CA- Retail Sales and CPI. Top economic indicators.


  • POTENTIAL PRICE RISK: HIGH Fri-- 14:00 GMT US- Existing Homes Sales. Top Housing statistic.



John M. Bland, MBA
co-founding Partner, Global-View.com

EXCLUSIVE: Global-View Daily Trading Chart Points Updated

EXCLUSIVE: Global-View Free Forex Database updated




TRADER ADVOCACY ARTICLES

Trader's Advocate Articles..

pic

Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

 
Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map


Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading
Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore
FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by Global-View.com.

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog

Global-View.com also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at Global-View.com. This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.

 

WARNING: FOREIGN EXCHANGE TRADING AND INVESTMENT IN DERIVATIVES CAN BE VERY SPECULATIVE AND MAY RESULT IN LOSSES AS WELL AS PROFITS. FOREIGN EXCHANGE AND DERIVATIVES TRADING IS NOT SUITABLE FOR MANY MEMBERS OF THE PUBLIC AND ONLY RISK CAPITAL SHOULD BE APPLIED. THE WEBSITE DOES NOT TAKE INTO ACCOUNT SPECIAL INVESTMENT GOALS, THE FINANCIAL SITUATION OR SPECIFIC REQUIREMENTS OF INDIVIDUAL USERS. YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL SITUATION AND CONSULT YOUR FINANCIAL ADVISORS AS TO THE SUITABILITY TO YOUR SITUATION PRIOR TO MAKING ANY INVESTMENT OR ENTERING INTO ANY TRANSACTIONS.

Copyright ©1996-2014 Global-View. All Rights Reserved.
Hosting and Development by Blue 105