Starr🌟

CAPITAL HAS NEVER BEEN THE ISSUE WHEN IT COMES TO MAKING MONEY IN SYNTHETIC INDICES. DO YOU KNOW YOU CAN OPEN A POSITION ON MOST PAIRS WITH LESS AN $1 ? Here's a thread on how to; Read to the end.👇 I executed VIX 10s on a $7 account, and it's currently sitting at $140. Growing small accounts on synthetics is quite different from growing big accounts, because small retracements can lead to liquidation before reaching your stoploss point especially when you stack randomly. 4 major steps to take: 1. High probability setups only: The easiest way to flip an account is a zero drawdown setup. A small account cannot accommodate massive retracements and so only high probability setups must be taken. 2. Choose a pair with low margin requirement and stable volatility: Here’s a list of pairs and their margin requirements to choose from; • Volatility 100 index -Minimum lotsize: 0.50 -Margin cost on minimum lotsize: $0.6 per position • Volatility 75 index -Minimum lotsize: 0.001 -Margin cost on minimum lotsize: $0.08 per position • Volatility 50(1s) index -Minimum lotsize : 0.005 -Margin cost on minimum lotsize: $0.36 per position • Volatility 25(1s) index -Minimum lotsize: 0.005 -Margin cost on minimum lotsize: $0.62 per position • Volatility 250(1s) index -Minimum lotzise: 0.005 -Margin cost on minimum lotsize: $0.21 per position • Volatility 25 index -Minimum lotsize: 0.50 -Margin cost on minimum lotsize: $0.27 per position • Volatility 50 index -Minimum lotsize: 4.00 -Margin cost on minimum lotsize: $0.49 per position • Volatility 100(1s) index -Minimum lotsize: 0.20 -Margin cost on minimum lotsize: $0.09 per position • Volatility 150(1s) index -Minimum lotsize: 0.01 -Margin cost on minimum lotsize: $0.03 per position • Volatility 10(1s) index -Minimum lotsize: 0.50 -Margin cost on minimum lotsize: $0.91 per position • Volatility 10 index -Minimum lotsize: 0.50 -Margin cost on minimum lotsize: $0.63 per position • Volatility 75(1s) index -Minimum lotsize: 0.05 -Margin cost on minimum lotsize: $0.27 per position. 3. Leverage on stacking at SPECIFIC points: You can make only $10 from a $5 account and another person makes $100 from same account, difference is the leveraging and stacking points. If you can stack, utilize the skill and exit when you should. 4. Position sizing and risk management: When you’re buying , you’ll start making up bullish reasons for your setup. It won’t let you see the big picture. Make sure the reason why you’re pressing buy is not just because you want to flip but because you infact believe in your analysis. It’s easier to make money when you’re buying when the market is buying and selling when the market is selling. That’ll be the end for today’s post. Goodluck. 🍷 Retweet the post to enlighten struggling traders. Follow me, Starr🌟, and turn on post notifications to stay updated and be the first to see whenever I make a post. Check my highlights for more trading tips to help you as a trader. You’ll find trade documentaries, breakdowns, insights, results and my personal thoughts on my WhatsApp. Click the link below to connect.👇

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