so after a month of trying to just focusing on building my small account and not trading my primary large account it was an adjustment the first week or so but after making the adjustment i am now up $1400+ for the month of sept. There were some losses that i let go too far on the first few days but that was from a mental side of trading a larger account and not realizing that $100 loss is a major setback on this type of account! So i made some adjustments to my trading style which in turn has been better for me all around as a trader, i had to be more patient and time my entries better with tighter stop losses. I have been using suretrader with no issues, people have the perception that they have all these hidden fees but the problem is that the people complaining are overtrading and the comm's become larger than their profits hence them losing money even on winning trades, if i lose on a trade and its more than $50 i am done for the day because i do not want to add to a losing day with more comm's and my winners now need to be even bigger to make up for my first loser. If you can follow these rules of patience and walking away when the day is red you can grow your small account! I hope this helps anyone out there struggling in their trading a small account. I have some videos on my youtube channel on entry and exit strategies if you have any questions, search my name on youtube to find them or this link here
hi arussell, if you could please make a video with a example on any ticker explaining how you have managed/changed risk for small account will be very helpful,
Thank you
Good vids on utube.
Thanks Arick!
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