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Should I Bother Trading with Less than 10k? Trading Small Accounts Worth It? 💰 Video

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Should I bother trading with less than 10k? http://www.financial-spread-betting.com/Making-a-living-spreads.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Should I bother trading than GBP10,000 or USD10,000 or equivalent? Can you make money trading the markets with a small account? There was a study sometime ago which found that people that were trading with less than 10 or 20k were far less likely to succeed in trading than those trading with a decent pot. And let's be honest; that's the majority of traders out there.

Is it possible to have success trading equities in a small account? And is it even worth the effort? My answer to that is that yes it is worth doing! I think most people lose because they use way too much margin and are leveraged too much. So if you're trading with less than 10k don't try to make a massive amount of money. If you've got GBP1000 or GBP2000 in your trading account you shouldn't be trading at GBP20 a point if you're spread betting or trading cfds. You should be trading way less - GBP1 a point is much more sustainable. Not only will you get a lot of psychological pressure but you won't ever give yourself the chance to make reasonable money. We all want to make money in trading so its only human nature that we want to press as much as possible but in reality there is a time to risk but its not all the time.

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