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Trading A Small Forex Account

One of the biggest challenges facing many new Forex traders is the size of their account.

It can be difficult to reconcile the level of your ambition when starting out with your own financial limitations. Many FX traders dream of taking large trades and making big wins.

But when starting out with an account size of EUR 1000 or less, this is impossible to do.

So, does that mean that trading a small account is a waste of time? Absolutely not!

Unfortunately for many, trading a small account is a right of passage. However, if handled correctly, it can set you up for long term success and improve your trading for when you have a bigger account.

Focus on Trading Your Strategy

The great thing about trading a smaller account is that it won’t pose the same psychological threats that a big account can have.

Starting with a smaller account means the figures will be less daunting and less likely to distract you from doing what you should be doing, which is focusing yo...

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