I have been trading the Forex market for several years and I have come up with a unique money management system
that allows me to start with as little as 300 bucks and grow it exponentially (at a very fast pace) while still staying conservative on the risk.
Example:
Starting capital – $300.00
Leverage – 500:1
risk – 10%
Now, if you get a risk:reward of 1:4 you will make $120.00. Then on your next trade
you will risk 10% of $420.00. Then this trade will make $168.00. Now your account
is at $588.00.
Post your comments, I’m interested to see what you think…
Wow…I never thought about it like that. You don’t really need a ton of money to invest with. Instead, start with a small amount of money and just trade it more aggressively. In the end it all works out the same, except with this method you can start with less capital.
I am interested…tell me more about your trading approach.