How to trade forex with a small capital of 100 thousand can profit up to millions of rupiah per month, Many beginner traders who want to learn to start trading with small capital, because they still feel they are not able to trade forex properly and can generate satisfactory profits.
The desire of all traders when starting trading with small capital, for example with Rp. 100 thousand or with 10 dollars, of course, is to make as much profit as possible quickly, and even hope for luck to make consistent profits every day, even though basically all traders also know that in trading there is always a high risk that can lead to big losses.
So what are the right tricks on how to play forex trading with a small capital of 100 thousand rupiahs that can generate profits of up to millions of rupiah per month?
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The best way to trade forex with a small capital of 100 thousand million profit per month
Is it possible that starting forex trading with a small capital of only Rp. 100 thousand or 10 dollars can generate profits of up to millions or hundreds of dollars per month?
The answer, of course, is possible, and that does not mean it is impossible not to be risky. Please remember, that this article is intended to help broaden the horizons of forek trading, so that readers can enjoy trading with small capital, even though it goes hand in hand with the risk of loss that is ready to suck up capital. on balance.
Solutions in trading to generate profits consistently every day, depending on the ways we prepare a plan or trading plan, and also depending on our expertise in analyzing the direction of price trends in the forex market.
In order for trading with a small capital of 100 thousand that you do is very possible to generate profits of up to millions of rupiah or hundreds of dollars per month, you must know the best way to start trading every day.
What is the best way to start trading every day?
Here is a list of plans for the best way to start trading every day with a small capital of 100 thousand
- Choose the best broker that provides cent or micro accounts, with low spreads
So that we can start forex trading with a capital of 100 thousand or 10 dollars, so that we can reap profits of up to millions of rupiah or hundreds of thousands of dollars per month, of course we must first join the best, and trusted forex broker that allows trading with small capital.
Some of the best and most trusted forex brokers operate in Indonesia and Asia, providing trading accounts for beginners who want to trade with small capital.
The types of accounts that are provided for novice traders who want to trade with a minimum capital of at least 10 dollars, are like the CENT and MICRO accounts.
The 10 dollar capital calculation on the Cent account will change to 1000 dollars. In this case, there is an additional 2 digit zero number behind the 10 dollar capital you are using.
In addition, in order for our trading to make it possible to generate large profits quickly, we also need an account with low spreads. Because in trading with a capital of 10 dollars, you will use a scalping strategy, so an account with low spreads is needed, for the purpose of achieving this. the daily profit target that you have set.
Scalping traders really need an account with low spreads, because in scalping trading, very often traders make transactions to open many trading positions.
- Open an account with a leverage of 1: 500 or up to 1: 2000
One other way that you can trade with a small capital of 100 thousand or 10 dollars is to open a trading account or trade with a leverage of 1: 500 or even up to a leverage of 1: 2000.
Because the capital to be used is too small, by opening an account with a leverage of 1: 500 to 1: 2000, you can trade currencies with large lots too,
Because leverage is leverage that helps increase the ability of your small capital to make more transactions with large lots. 1 lot at a 5 digit broker = 100,000 dollars.
So, with leverage for example 1: 500 in cent or micro accounts, you can trade currencies worth 50,000 dollars with a capital of 10 dollars.
And if you choose leverage of 1: 1000 in cent or micro accounts, you can trade currencies worth 100,000 dollars with a capital of 10 dollars. In fact, you can trade currencies worth 200,000 dollars if your cent account is given a leverage of 1: 2000.