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I am looking for trading system that can allow me to trade using margin so that when I blow I blow an entire small account instead of losing from an already grown account. Can anyone help?
I agree with Sherverty as well, forex is a good platform to start of trading and you can start small and earn higher profits in it.
It takes time to become an expert in forex trading, but if you grow forex knowledge and experience it becomes much easier to make profits in it.
If you look at profit, you have to manage risk and get the right education. If I want to trade, I have to work with risk management. There are many traders who find it very difficult to make a profit by trading without knowledge.
Your main focus right now should be on learning. Learn as much as you can and practice even more than that. You will be able to make profits once you gain the required knowledge and experience.
Even experienced people look for profits in forex trading. You should be looking for ways to not make losses in the beginning because that is what a lot of new traders are not able to figure out. If you have already learned risk management, try using it in the real market but with a low amount so that you don’t lose big if you do.
If you want to become a new trader and think of profit, then you need to develop skills. If you do not trade with the right knowledge, you will never be able to make a profit.
I am looking for trading system that can allow me to trade using margin so that when I blow I blow an entire small account instead of losing from an already grown account. Can anyone help?
I am looking for trading system that can allow me to trade using margin so that when I blow I blow an entire small account instead of losing from an already grown account. Can anyone help?
If you want to become a new trader and think of profit, then you need to develop skills. If you do not trade with the right knowledge, you will never be able to make a profit.
Chasing money will only end in tears. Of course most of us come into trading for that reason but if it is a sole motivator then you will just get disheartened very quickly.
I am looking for trading system that can allow me to trade using margin so that when I blow I blow an entire small account instead of losing from an already grown account. Can anyone help?
Ability to trade using margin is independent from the type of trading system so I guess you have to find a system with conservative risk management setting, i.e. that offer moderate or low returns but keep drawdown per trade and max drawdown acceptable for you.
@Barket51 Yes, It is important that a trader should first deserve and then desire. He should learn and gain trading skills before he desires to make profits.
As a new trader, you should not look for profit very initially because it will kill your mind by demotivating you. Rather you should focus on learning because it will flourish you. Learn how to analyze the market technically and fundamentally using different tools and indicators. Indicators will help you capture the actual market trend.
Immediate profits in trading forex is not possible. Traders need to work hard on sharpening their trading skills and understanding the fundamentals of trading forex which cannot be understood overnight.
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