How to trade small capital forex for beginners

How to trade forex with a small capital of 100 thousand can profit up to millions of rupiah per month. Many novice traders want to learn to start trading with small capital, because they still feel that they are not able to trade forex properly and can generate satisfying profits.

The wish 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. Even hoping for luck to produce consistent profits every day, even though basically all traders also know that in trading there is always a high risk that can result in big losses.

So what are the tricks for playing forex trading with a small capital of 100 thousand rupiahs, can you generate profits of up to millions of rupiahs per month?

Check out the full review in this forex article.

The best way to trade forex with a small capital of 100 thousand profits, millions per month

Is it possible to start forex trading with a small capital of only IDR 100,000 or 10 dollars and can generate profits of up to millions of rupiah or hundreds of dollars per month?

The answer is of course possible, and that doesn't mean it's not risky. Please remember, that this article is intended to help broaden your horizons about forex trading, so that readers can enjoy trading with small capital, even though it goes hand in hand with the risk of loss which is ready to suck up capital. in balance.

The solution in trading to generate profits consistently every day depends on the ways we prepare a trading plan or plan, and also depends on our expertise in analyzing the trend direction of price movements in the forex market.

In order for trading with a small capital of 100 thousand that you do to make it 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.

list of plans the best way to start trading every day with a small capital of 100 thousand

1. 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 most trusted forex brokers who allow 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 provided for novice traders who want to trade with a small capital of at least 10 dollars, are CENT and MICRO accounts.

Calculation of 10 dollars capital in the Cent account will change to 1000 dollars. In this case, there is an additional 2 zero digits behind the 10 dollar capital that you use.

Apart from that, so that our trading makes it possible to make big 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, an account with low spreads is really needed, for the purpose of achieving the daily profit target that you have set.

Traders who are scalping really need an account with low spreads, because in scalping trading, traders very often make transactions to open many trading positions. 

Also Read; This is the Top List of the Best Forex Brokers for 2021 that are safe for trading

2.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 or trading account with a leverage of 1:500 or even up to a leverage of 1:2000.

Because the capital that will be used is too small, then 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 a leverage of say 1:500 on a cent, or micro account, you can trade 50,000 dollars worth of currency with 10 dollars in capital.

And if you choose a leverage of 1:1000 on a cent or micro account, you can trade currency worth 100,000 dollars with a capital of 10 dollars. You can even trade currency worth 200,000 dollars if your cent account is given a leverage of 1:2000.

3.Focus on trading only one currency pair with low spreads

Perhaps, it is impossible for us to reach the large daily profit targets that have been determined, if we trade currency pairs with high spreads, because our profits also depend on the spreads of the currency pairs we trade.

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