Can You Trade Forex With $10?

Here is how to grow your small forex account!
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Video editor- / oscarmedits
*DISCLAIMER* I am not a financial advisor and anything that I say on this KZread channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment. Why you need to treat your forex trading as you would a business!

Пікірлер: 71

  • @fxvincent6553
    @fxvincent6553 Жыл бұрын

    First few trades are very important so close trades even if u get 10 pips or 20 pips

  • @dennisvivaz3170
    @dennisvivaz3170 Жыл бұрын

    Hey Will. I simply change the $10 into 1000cents and really that makes it look it bigger.

  • @tashkronayt1273
    @tashkronayt1273 Жыл бұрын

    The trick of trading small accounts is to have less drawdowns

  • @orofox2756

    @orofox2756

    Жыл бұрын

    And full margin 😎

  • @akejuifeoluwa4632

    @akejuifeoluwa4632

    Жыл бұрын

    @@orofox2756 full what?🤔 Blown account

  • @dracozain1023

    @dracozain1023

    Жыл бұрын

    Tell the market to give you less drawdowns and quit hitting your $3 stoplosses 😂 2 trades loss.. you out

  • @dattebayo9169

    @dattebayo9169

    Жыл бұрын

    what is drawdown?

  • @sufferguru9139

    @sufferguru9139

    11 ай бұрын

    ​@@dattebayo9169probably is when your is against the market

  • @jerine1516
    @jerine1516 Жыл бұрын

    Morning, finally something I can look into my small account. Agree with you, I stop to-pup my mini acc, till I upgraded my trading skill 🙂.

  • @tomaszmosak
    @tomaszmosak Жыл бұрын

    Absolutely brilliant video for anyone thinking of starting off Trading with a smaller capital size. Good tips and golden nuggets of information

  • @brzcz
    @brzcz Жыл бұрын

    Loving these videos mate keep it up

  • @relaxer37
    @relaxer37 Жыл бұрын

    Brilliant advice Wills! I built up my account from $300 to $800 last week but unexpectedly blew half of it on WTI. Painful! My demo is doing well though 32k to 144k in a week but trading on small percentages is probably the only real way to go. Keep up the great work kid!

  • @mk_4567

    @mk_4567

    Жыл бұрын

    How are you growing account so fast?

  • @Real-wr4tw

    @Real-wr4tw

    Жыл бұрын

    @@mk_4567 demo

  • @giannishutup

    @giannishutup

    Жыл бұрын

    always remain consistently small, never get greedy. Stick to your money management, think long term and realise the power of compounding.

  • @relaxer37

    @relaxer37

    Жыл бұрын

    @@mk_4567 I did well when the pound fell, caught the breakout.

  • @sanjeedjd7174
    @sanjeedjd7174 Жыл бұрын

    Thank you for making this video👍

  • @ngoziosakwe7097
    @ngoziosakwe70973 ай бұрын

    how do you advise a beginner day trader, what is the best chart to analysis

  • @dgtradez3241
    @dgtradez3241 Жыл бұрын

    what editing software do you use??

  • @TahirFT
    @TahirFT Жыл бұрын

    thank you bro for this knowledge.

  • @Hiaol
    @Hiaol Жыл бұрын

    Are you coming over the strategy?

  • @MANGA_EXPLAINED_RECS
    @MANGA_EXPLAINED_RECS Жыл бұрын

    What leverage do you use to trade?(not ratios)

  • @xvx0014
    @xvx0014 Жыл бұрын

    You should start a podcast

  • @JonathanStanley
    @JonathanStanley Жыл бұрын

    Redenominate your small account in your head to weak currencies... 500 quid account is 14 million Vietnamese Dong, 800k S. Korean Won, 21k Thai Baht... or even 50k Great British Pennies

  • @portwest400
    @portwest400 Жыл бұрын

    I was recently scammed out of £9000 by a Chinese broker. PLEASE make sure if you are new make sure your broker is FCA regulated

  • @mrpink525

    @mrpink525

    Жыл бұрын

    Sorry about that. Facts u should always trade with FCA regulated broker

  • @hamsterpepeonground
    @hamsterpepeonground5 ай бұрын

    you can eazy duplicate 10dolar to 100 and 100 to more and more

  • @hakelehrilekah886
    @hakelehrilekah886 Жыл бұрын

    With 10 dollars... u just need to flip the acc. Simple yet risky

  • @FLEXZILLAGAMING
    @FLEXZILLAGAMING Жыл бұрын

    Hey, i commented on another video, i just hit my profit on my 20k ftmo challenge in 2 days, do i now have to trade for the minimum 10 days to pass?

  • @kayes4495

    @kayes4495

    Жыл бұрын

    why don't you read the ftmo guidelines? can't believe you've taken a challenge and trying to use the youtube comment section to try find out what to do...

  • @lennsteendijk7854

    @lennsteendijk7854

    Жыл бұрын

    Yes just trade 0.01 lots and close them. Do that everyday untill you hit the 10 trading days

  • @humble2828

    @humble2828

    Жыл бұрын

    Yes you need to trade for 10 days, but you can use micro lots

  • @JLR-Handmade

    @JLR-Handmade

    Жыл бұрын

    @@kayes4495 literally tho ahahahaha, it’s like people that ask questions on Facebook that they could just google lmao

  • @inox9094
    @inox9094 Жыл бұрын

    Can you please passd my forex funds challenge

  • @edescomillie5688
    @edescomillie5688 Жыл бұрын

    Please Wills whats the better leverage to use on a $10 account while trading it?

  • @ghanoulimame2537

    @ghanoulimame2537

    Жыл бұрын

    1:1000

  • @JLR-Handmade

    @JLR-Handmade

    Жыл бұрын

    It depends how much you are willing to risk. I recommend 1%-3%

  • @edescomillie5688

    @edescomillie5688

    Жыл бұрын

    Thanls so much @Ghanou @James_Rowland

  • @JLR-Handmade

    @JLR-Handmade

    Жыл бұрын

    @@edescomillie5688 don’t listen to that other person they’re having you on plus i doubt any broker would even give that leverage lmao

  • @upcomingfx_Trader
    @upcomingfx_Trader Жыл бұрын

    What if you have a 500 account but you are willing to risk 3% per trade on that account and i'm making 3-4% on that account every months then i can take that profit from that account and invest into a prop firm account now the risk change in just risking 0.5%-1% on that 100k-300k account with MFF?

  • @ulkord

    @ulkord

    Жыл бұрын

    That's kind of a weird question. How much you risk is up to how much you are willing to lose, that's it. If you know what you are doing and why you are doing it then go ahead and do just that.

  • @marshall0265

    @marshall0265

    Жыл бұрын

    It is best to trade with the Same stratagy on the personal account when building up knowledge and cash. It will give you a head start into the prop firm mindset when dealing with higher cash trades. naturally you dont want to lose any money, but it will come and aiming to minimise it is part of the game but you need to be comfortable with the Red numbers when they come

  • @mrpink525
    @mrpink525 Жыл бұрын

    What regulated broker even let’s u trade with £10?

  • @gifted4940

    @gifted4940

    Жыл бұрын

    Fbs

  • @mrpink525

    @mrpink525

    Жыл бұрын

    @@gifted4940 they aren’t FCA regulated. Headquarters in Cyprus?

  • @relaxer37

    @relaxer37

    Жыл бұрын

    CMC markets

  • @dracozain1023

    @dracozain1023

    Жыл бұрын

    @@mrpink525 They are still regulated, Fsca and Fsc , licensed, regardless of where the headquarters is from

  • @mrpink525

    @mrpink525

    Жыл бұрын

    @@dracozain1023 fbs doesn’t even allow UK users

  • @mpc9144
    @mpc9144 Жыл бұрын

    ❤❤❤

  • @nadirslimani9101
    @nadirslimani9101 Жыл бұрын

    Which broker allows u to start with 10 pounds ?

  • @DanielButt

    @DanielButt

    Жыл бұрын

    None

  • @relaxer37

    @relaxer37

    Жыл бұрын

    I use CMC markets. Often Ive traded really small accounts.

  • @michalemiller5134

    @michalemiller5134

    Жыл бұрын

    Kot4x

  • @dracozain1023

    @dracozain1023

    Жыл бұрын

    @@DanielButt you'd be surprised how many brokers that don't allow US citizens but have a low deposit as £5, Regulated and licensed, everything, i know about 10

  • @wanangwankhoma6779

    @wanangwankhoma6779

    Жыл бұрын

    Exness Broker..

  • @mbrowne8166
    @mbrowne8166 Жыл бұрын

    There are no such $10 accounts. State real figures.

  • @kelenadavis2490

    @kelenadavis2490

    Жыл бұрын

    What brokers are you researching?🤨they are even brokers that let you deposit $5. They exist

  • @dniilii

    @dniilii

    Жыл бұрын

    @@kelenadavis2490 what brokers?

  • @TheMackGray_
    @TheMackGray_ Жыл бұрын

    Will i gotta ask.. did your trading takeoff exponentially with the beard? asking for a friend... might delete later... good vid boyyyy :)

  • @WillAldridge

    @WillAldridge

    Жыл бұрын

    Hahaha technically it did🧔‍♂️bigger the beard, bigger the profit😎

  • @antony2100
    @antony2100 Жыл бұрын

    has your twitter been hacked mate

  • @WillAldridge

    @WillAldridge

    Жыл бұрын

    Are you seeing the right account?

  • @fredrickpeterson4382
    @fredrickpeterson4382 Жыл бұрын

    The wise stay financial stable by spending less and investing more and the unwise remains poor by spending more and yet not investing like the wise ones do.

  • @patrickmartin2894

    @patrickmartin2894

    Жыл бұрын

    Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today

  • @Nero13FX
    @Nero13FX Жыл бұрын

    1:3000 / 50eu max / 0.50 Buy stop / CPI = GG U talking about dummys 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

  • @Iouis777
    @Iouis777 Жыл бұрын

    First

  • @spreadbetking3238
    @spreadbetking3238 Жыл бұрын

    Just followed you on ig