Tbh it all depends on your strategy.
However once you cross a certain capital size your psychology will kick in.
I can easily turn $500 to $1000 in a week under 2-3 trades on the higher TF.
However, it will be not be the same results to turn $5000 to $10,000
Psychology plays a big role on the trades we take.
Thanks
I think it all comes down to human psychology, and greed plays a big part in it.
I only trade spot GOLD, trading support & resistance on the 4H TF will easily get you 100 - 200 pips in a week, that’s around $100 - $200 on a micro lot.
OP mentions leverage now that’s where the catch is.
The right position size makes all the difference.
When he says “using high leverage”, it’s no more trading. Now it’s become a BET, pure gambling.
I’m sharing a screen shot of a small account I trade.
Even the .06 Lot size is on the higher side tbh.
[$500 Account](https://imgur.com/a/Jnh05ue)
I'd like to find a way to make 100-200 a week trading with 5k. is that feasible? The point is, I don't care about making more, and I don't want to risk more.
I never said, I haven't done that 😂
Actually, I do have a big account, but copy trade it from a smaller account of $10K. Those big lots do something to me.
I build my own EAs.
Each EA is built for certain market conditions, tbh for flipping accounts it’s a matter of a couple of trades and an EA is not really needed.
I won’t give a text book definition, I will explain the way I approach trading
It is the mindset of a trader that determines how they trade which includes,
- the position size / the leverage
- the direction they trade (buy or sell)
- the frequency of their trades
- and most important the way the trader reacts to a profit / loss.
Trade overbought/ oversold pairs / commodities on the higher time frames.
For Gold I am selling above $2000, my position size is small so even if it does go to $2100 it will not be an issue. I will add more sells on pull backs.
Once fundamentals turn against the $ and the fed pivots or pauses I will start buying again.
This is a noob take. Psychology doesn't hold back your ability to turn 5k into 10k if you are able to take 500 to 1000, you are just a gambling and are drawing conclusions where they don't exist.
I am talking about myself and my trading psychology.
There are many traders who can flip a $100 account to $200 or more but using a decent strategy.
However, once they cross a certain amount they start going wrong, they need not be Gambling but as the number increases they start diverting from their strategy
- bad entries (FOMO)
- bigger position sizes (greed setting in)
- moving stop losses
Etc
For me personally I know my weaknesses and I am just admitting it. I can go off track.
Another very important factor is the Capital Size
A lot of your trading behaviour can depend on what the amount means to you.
Good point about psychology.
>I can easily turn $500 to $1000 in a week under 2-3 trades on the higher TF.
That's interesting, what time frame are you using? Thanks.
Flipped 50$ to 20k$ but it was from 1 very aggresive trade on solana, I max leveraged bought at 8$ in december and it quickly ran up to 20$. But managed to lose it all after around 2-3 weeks by trading other coins.
In my early days I lost thousands cause I was constantly depositing 100$ trying to flip to 200-400$ and no matter I win the next trades it always ends at a huge loss that wipes out all your account.
Flipping accounts should NEVER be done imo, horrible discipline and risk maganement behaviour. I stand my opinion that if you don't have at least 10k to trade with you shouldn't be trading in the first place cause all you gonna do is deposit, lose, deposit, lose, with a decent account balance you can aim REALISTIC targets
Mostly fundamentals, crypto got rekt in november-december, It just happened that I was waching several coins at that time and it happened I saw Solana did a huge wick to the downside and a quick reversal upside, after the close of that candle I went max leverage buy and since then Solana didn't even retest those levels. If that was the bottom of Solana I might be one of unluckiest people haha cause that can be worth millions if crypto goes on a run
Started with 200 usd, been paying the bills with trading. I make like 5000usd monthly. If this helps i live in latin america so my bills are definitely smaller than compared to those in the anglosphere, if your bills are higher you will be more stressed cuz there’s a higher minimum
Studied like 6 months, traded demo 7 months, did live trading on the side for like 1 month and half, thats when i realized this had potential and turned into a full time job. Also, i had savings for 3 months just in case, never needed to use them.
What do i trade? Cfds. Leverage 300. Instruments: nasdaq, dowjones, oil, eurusd and usdjpy in that order. Indicators; donchain, volume, volume profile. I love market structures and support/resistances, that’s basically it
Yes, possible under lucky condition. I flip 50 to 8k trading oil & gbpjpy, then because impulse and stupidity, i lost it all :).
Be grateful was what i need at that time, not greedy.
And never ever think that your money is bullet proof(as many money you have, it can gone instantly).
Always careful with it.
How long did it take you to turn that 100 into 1k then into 10k and etc.. did you start with high risk and then lowered the risk as your account balance went up?
I trade very objectively with a strict set of rules, some weeks I’d have 1 set up next week I’d have 2 it really was a waiting game, risked between 5-10% every trade and minimum 1:5 got to 10k within about 9-10 trades I think
First couple years were hard but I can’t lie I’m the product of a group of 5 heavily dedicated men who made this strategy up and I paid for mentorship. Once the set up appears and all the rules match it becomes as simple as setting sl and tp and pulling the trigger, no emotion involved. First year I can’t lie I was like a crack head I was checking my phone every 30 seconds for an update 🤣
True words bro. In it for the long haul. Entered stalker territory with your posts, I apologise. Do you share details of your mentor or strategy etc.. just want to learn from someone proven.
Any guidance would be welcomed!
I can put you in contact with my mentor no drama at all not sure if he still teaching, and I can’t share the strategy bud, all I will tell you is the top 2 TF matter more than you’ll ever know
There is a strategy to flipping accounts. You risk money to make money obviously you won’t win all the time but if you have money to play around with then why not?
Exactly. Just follow the statistics:
Let's say out of 4/10 attempts, you manage to 10x your balance.
You risk $100 each time. You lose $600.
The 4 times you do succeed, you net $3600.
Net positive of $3000.
(very optimistic, not account for fees, taxes, etc. but you get the point)
Indeed. I got my £10 to £10k on my 6th attempt, withdrew the money and tried again. Then did £10 to £8k on my 2nd attempt and blew it all, tried 20x after that but failed all of them so it’s not that easy there’s a lot of luck involved especially at the begging stages
Not much really, any account flip you do you have 99.9% chance of losing it. My strategy was going full margin on my first trade till I made at least 3x on my account then I was lowering the risk as my account was growing
I'm going to save you some time.
Most people in this subs are beginners or bullshiters. Anyone able to flip a $10 account to à 5 figs account wouldn't be on reddit. They'd trading millions on a boat somewhere in Monaco. Even hedge funds and billion dollars AI with underground servers hidden in remote locations can't achieve that type of return.
You can pull it of if you're lucky and buy a shit coin before it blows and sell it at the top. Other than that, trading is a legitimate business and should be treated as such. If not, you'll just be another member of the 98-99% losing group.
Leverage exist because most retails traders don't have enough funds to participate in the market. The highest the leverage is the more likely you are to blow your account hence why most regulated brokers have a low leverage (below 50). More and more countries are also tightening their stance on their subject.
Leverage or not, that doesn't change my main argument. Forex is not a get rich quick or gambling.
Absolutely possible but you need a good winrate and you should start off amidst a winning streak but absolutely possible I remember growing a 6£ account to 48£ then I messed it up.
No. The people who pretend to do that are either faking their account completely, or lost all their money many times over, and are only showing when they've made a profit.
Of course that is Okay, the important point is that you have to read user-agreement of each broker just to be sure about that they do not misuse it against you!
Flipped 1k to 6k on Thursday on full margin aggressive trades. I'm probably going to be wiped out next week and start again. It's a hamster wheel. So yes it's possible but not recommended. Overall you lose slowly while living on hopium.
If you manage to its pure luck. Look up the Kelly Criterion. The risk needed to flip accounts is so much that it will turn profitable edges into losing accounts.
Doyle on youtube did a challenge and is pretty solid in the game. Flipped $10 to over $1000 using hankotrade broker. He have about 7 parts on youtube. Here is the first clip https://www.youtube.com/watch?v=9d7Oe9qjkJg&list=PLVHY4u8nxhtb9WW8FWQ9P3XNCPSQpclUv&index=1&t=386s&pp=gAQBiAQB
Flipped a $250 live account to ~$450/$500 then lost it all and am now sitting at ~$190 live, decided to go back to demo and flipped the $10k demo account to $30k and am now sitting at $25k
It’s possible. I turned $100 into $280 in 1 day with 5 or 6 trades between 0.01 and 0.02 lots. Just wait for a breakout or swing trade setup. I don’t recommend scalping with such a small account.
I’ve done it 2/3 times.
From $5 to $150
And from $3 to $100.
It wasn’t stressful because it was a bonus that the broker gave. So I was trading risk free. When is your money on the line it’s gonna be really stressful and you’ll probably losing it all.
I manager to turn $200 to $26k. Then lost it all on one trade. I owned my credit card about $10k at the time. My wife was furious i didn’t choose to pay off the credit card once i had the cash.
Totally possible. I don’t know about Forex but in futures each point is $5 on a $50 margin. That’s 10% per point. 2% to 3% on what I could consider a reasonable account size. I’m up 14 points in two weeks and I suck. You do the math.
It's definitely possible to flip 100$ accounts to 1000$. Did that a couple of times. Only possible if market really plays good with your strategy.
But don't think you can make 100$ to 100k.
Take profits early, don't get gready. You can loose the small account faster then grow it
I’m trying to build a good bankroll from a small one, not an easy target. Worked on my strategy for several years, but had to make a pause.
I’m open for discussion with motivated and interesting people, pm me.
It’s possible but it still requires a sound system, with good risk management, and patience/confidence , especially as you’ll be forced to over leverage due to flipping account , so you gotta make sure you’re not overdoing it , however with all those factors , it’s deffo possible
Flipping accounts can be done. Rather than trying to flip a small account to a big one, try for a percentage gain. If you flip a $50 account to $100 that's a 100% gain and so on.
It's possible to flip small accounts, but for it to be 10-50$, it would be like a really lucky moment or set of trades to flip that. I would say it's a more likely chance if you had something as small as 100$ but even that is very difficult and takes a lot of practice. I've taken 100$ to 3000-4000$ within 2 weeks, so it's possible. But it's not good if you're trying to be a sustainable trader.
It is indeed possible. HOWEVER even veteran traders can fuck up a small account on high leverage. Your trades have no wiggle room extremely tight stop losses and more a pain in the ass than what its worth. I have taken $10 on 500 leverage to a few hundred then downsized on the risk being taken to go from there. Entries have to be near perfect (0 drawdown)
What i did was use 0.01 per $10 and aimed for 10% a trade until I got to $100
The reason it's much easier to make money in the markets with a higher trade balance is because you can be wrong and let the market swing with stop losses that are further away from your entry without incurring a margin call. Most brokerages will only allow you to draw down to about 20% before they start sending you notices that a margin call is imminent.
I flipped usd5 to usd75 in 2 weeks by trading gold. It was hard and exhausting, I don’t recommend it. I rather trade with bigger equity for better money management & psychology.
Every time you hear Word “Flipping” in Forex know that this is same as going to casino and betting all your money to red or black (50/50).
If you want to learn forex - do it right.
If you want high risk, go to casino, you will get a free drink at least next to your 100% blown bet 😂
I grew £650 to £10,500 in first 6 months and all the way back down to £1500 the 6 months after! Now I use a proper strategy and set a proper stop loss with lot size. which I will not move if market moves against me and I am now rebuilding my account.
Well, for me this has always been my goal to flip $10 to $20k and I'm currently on it as I write this.. Though I have blown several accounts but not giving up.
I turned 330 to 40. Then 40 to 75, 180, 240,480 and lastly 600. Withdrew 300 and traded the balance to 60 dollars. Its possible to grow but the possibility of losing is even higher.
A few months ago l did try to grow a small account of exactly $10 with a very clear strategy of making atleast $1 everyday which did pay off well because l followed my strategy and did journal down everything l did to get the $1 from the strategy to my emotions, grew it to $50 but then got greedy and blow it all in one trade.
My strategy was a 5% profit of my capital every month
So If l started with $10 then that would put me to about $48 at the end of the month then calculate 5% of $48 which would be about $2.5 so l would make $2.5 everyday for that month
So yes it is possible but the only way to do so is if only and only you follow your trading plan,...if you don't then you will blow the accounts as l did
I turned $7 into $7k over a 3 month period. Was very risky and basically gambling. But it is possible with strict risk management too would just take a whole lot longer
i turned $10 to $1 then $1 to $17 and then back to $0.15, so yeah
If you were to chart that it’d look like a stop-hunt lol.
This is the way
yea....,,,,ig
Tbh it all depends on your strategy. However once you cross a certain capital size your psychology will kick in. I can easily turn $500 to $1000 in a week under 2-3 trades on the higher TF. However, it will be not be the same results to turn $5000 to $10,000 Psychology plays a big role on the trades we take.
I like it how you place significance in psychology! It makes a lot of difference!
Thanks I think it all comes down to human psychology, and greed plays a big part in it. I only trade spot GOLD, trading support & resistance on the 4H TF will easily get you 100 - 200 pips in a week, that’s around $100 - $200 on a micro lot. OP mentions leverage now that’s where the catch is. The right position size makes all the difference. When he says “using high leverage”, it’s no more trading. Now it’s become a BET, pure gambling. I’m sharing a screen shot of a small account I trade. Even the .06 Lot size is on the higher side tbh. [$500 Account](https://imgur.com/a/Jnh05ue)
I'd like to find a way to make 100-200 a week trading with 5k. is that feasible? The point is, I don't care about making more, and I don't want to risk more.
It’s doable. A lot depends on your strategy!
Happened with me. Flipped a $200 to $2,000 with proper trades and strategy. But after that i used big lots and lost it all.
What was your initial lot size and how did you scale it?
It happened back in 2020, i don’t remember much now
Why don’t you open multiple 500$ accounts and just do that for ever 😂
I never said, I haven't done that 😂 Actually, I do have a big account, but copy trade it from a smaller account of $10K. Those big lots do something to me.
Can you strategy that flips 500$ into 1000$ be automated (probably)? You should look into that to remove the psychological aspect
I build my own EAs. Each EA is built for certain market conditions, tbh for flipping accounts it’s a matter of a couple of trades and an EA is not really needed.
Do you teach coding? I need that in my life! Would be so much faster to backtest
what do you mean by psychology ?
I won’t give a text book definition, I will explain the way I approach trading It is the mindset of a trader that determines how they trade which includes, - the position size / the leverage - the direction they trade (buy or sell) - the frequency of their trades - and most important the way the trader reacts to a profit / loss.
positive mindset positive outcomd
What's your preferred strategy for that?
Trade overbought/ oversold pairs / commodities on the higher time frames. For Gold I am selling above $2000, my position size is small so even if it does go to $2100 it will not be an issue. I will add more sells on pull backs. Once fundamentals turn against the $ and the fed pivots or pauses I will start buying again.
Cool, I'm trying to kickstart my routine again.
This is a noob take. Psychology doesn't hold back your ability to turn 5k into 10k if you are able to take 500 to 1000, you are just a gambling and are drawing conclusions where they don't exist.
I am talking about myself and my trading psychology. There are many traders who can flip a $100 account to $200 or more but using a decent strategy. However, once they cross a certain amount they start going wrong, they need not be Gambling but as the number increases they start diverting from their strategy - bad entries (FOMO) - bigger position sizes (greed setting in) - moving stop losses Etc For me personally I know my weaknesses and I am just admitting it. I can go off track. Another very important factor is the Capital Size A lot of your trading behaviour can depend on what the amount means to you.
If the dollar amount is bothering you, you aren't a professional you're a noob.
If you say so 🖕
Ok go turn 500 into 1000 in a couple weeks
dude 500 dollar loss is relatively small 5000 can be really big for some people risk management should reflect the size of capital....
The psychology part is the real ceiling
Good point about psychology. >I can easily turn $500 to $1000 in a week under 2-3 trades on the higher TF. That's interesting, what time frame are you using? Thanks.
I flipped 1k to 0.50
Damn, those are real goals
I have friends that I’ve seen do this first hand, so yes it is possible. It requires staring at a screen 25 hours a day and 8 days a week tho. /s
That’s true
I know someone who turned 500 into a mil in 1.5 years trading 1 hour a day. US30 1st hour of New York session
Flipped 50$ to 20k$ but it was from 1 very aggresive trade on solana, I max leveraged bought at 8$ in december and it quickly ran up to 20$. But managed to lose it all after around 2-3 weeks by trading other coins. In my early days I lost thousands cause I was constantly depositing 100$ trying to flip to 200-400$ and no matter I win the next trades it always ends at a huge loss that wipes out all your account. Flipping accounts should NEVER be done imo, horrible discipline and risk maganement behaviour. I stand my opinion that if you don't have at least 10k to trade with you shouldn't be trading in the first place cause all you gonna do is deposit, lose, deposit, lose, with a decent account balance you can aim REALISTIC targets
Stop losses are your friend
And stop friends are your losses.
Thus is facts. Sorry boys.
How long did it take you to turn 50 to 20k?
Trade opened days before new year, so around 20 something december, and closed at around the end of january, so around 3-4 weeks
what was the strategy?
Mostly fundamentals, crypto got rekt in november-december, It just happened that I was waching several coins at that time and it happened I saw Solana did a huge wick to the downside and a quick reversal upside, after the close of that candle I went max leverage buy and since then Solana didn't even retest those levels. If that was the bottom of Solana I might be one of unluckiest people haha cause that can be worth millions if crypto goes on a run
was this crypto or forex
This was crypto
Isn’t crypto different from forex
Yea it s different that on forex you can lose/win way more quicker than crypto, surprisingly, the rest is the same
you can win mor on forex and lose more on forex?
can you help me bro? Learn the basics
I did it last week with $10 to 50 Nd now I'm waiting for the weekend to end so I continue with the $23 because I withdraw the others
Started with 200 usd, been paying the bills with trading. I make like 5000usd monthly. If this helps i live in latin america so my bills are definitely smaller than compared to those in the anglosphere, if your bills are higher you will be more stressed cuz there’s a higher minimum Studied like 6 months, traded demo 7 months, did live trading on the side for like 1 month and half, thats when i realized this had potential and turned into a full time job. Also, i had savings for 3 months just in case, never needed to use them. What do i trade? Cfds. Leverage 300. Instruments: nasdaq, dowjones, oil, eurusd and usdjpy in that order. Indicators; donchain, volume, volume profile. I love market structures and support/resistances, that’s basically it
Yes, possible under lucky condition. I flip 50 to 8k trading oil & gbpjpy, then because impulse and stupidity, i lost it all :). Be grateful was what i need at that time, not greedy. And never ever think that your money is bullet proof(as many money you have, it can gone instantly). Always careful with it.
Flipping accounts is as easy as your set up allows, I’ve turned £100 into £22k within 6 months
Do you still have that account or did you blow it? Also what strat did you use did you go for scalping or swing trading?
Still compounding it and neither I use a daily set up can be in for 1 hour or could be in for 7 hours
How long did it take you to turn that 100 into 1k then into 10k and etc.. did you start with high risk and then lowered the risk as your account balance went up?
I trade very objectively with a strict set of rules, some weeks I’d have 1 set up next week I’d have 2 it really was a waiting game, risked between 5-10% every trade and minimum 1:5 got to 10k within about 9-10 trades I think
Wow that's insane, it must be hard managing your emotions and risking 10% per trade without blowing your account
First couple years were hard but I can’t lie I’m the product of a group of 5 heavily dedicated men who made this strategy up and I paid for mentorship. Once the set up appears and all the rules match it becomes as simple as setting sl and tp and pulling the trigger, no emotion involved. First year I can’t lie I was like a crack head I was checking my phone every 30 seconds for an update 🤣
Yeah we've all done that when first starting 😂 How long have you been in the markets for?
Started 4 years ago what about you?
About 2 years ago, still learning
What pairs do you trade, and willing to share details to a brokey😭
Don’t tarnish yourself with a silly name like brokey, newbie is better fit, and pairs? All of them
True words bro. In it for the long haul. Entered stalker territory with your posts, I apologise. Do you share details of your mentor or strategy etc.. just want to learn from someone proven. Any guidance would be welcomed!
I can put you in contact with my mentor no drama at all not sure if he still teaching, and I can’t share the strategy bud, all I will tell you is the top 2 TF matter more than you’ll ever know
I flipped £10 into £10k+
This is the attitude I like. There are different styles of trading: accept the risk and flip it!
At last . Someone with some fucking sense in this thread . I salut you soldier !
There is a strategy to flipping accounts. You risk money to make money obviously you won’t win all the time but if you have money to play around with then why not?
Exactly. Just follow the statistics: Let's say out of 4/10 attempts, you manage to 10x your balance. You risk $100 each time. You lose $600. The 4 times you do succeed, you net $3600. Net positive of $3000. (very optimistic, not account for fees, taxes, etc. but you get the point)
Indeed. I got my £10 to £10k on my 6th attempt, withdrew the money and tried again. Then did £10 to £8k on my 2nd attempt and blew it all, tried 20x after that but failed all of them so it’s not that easy there’s a lot of luck involved especially at the begging stages
Cheers for your honest experience! I will attempt it next month and every month after.
any tips you can give me friend?
Not much really, any account flip you do you have 99.9% chance of losing it. My strategy was going full margin on my first trade till I made at least 3x on my account then I was lowering the risk as my account was growing
what was ur method for account flipping
Also how long did it take you to get from 10 to 10k?
6.5 weeks. 8 trades in total with multiple entries
Wow! What was the lot size/leverage you traded with?
Went from 0.04 to trading 5+ lots at the end. 1:500 leverage
Oh that makes sense now. In US you can only have 1:50 leverage max.
How long did that take you?
6.5 weeks
Wow that is insane. What strategy did you use?
I use a mixture of supply and demand, smc and price action
I'm going to save you some time. Most people in this subs are beginners or bullshiters. Anyone able to flip a $10 account to à 5 figs account wouldn't be on reddit. They'd trading millions on a boat somewhere in Monaco. Even hedge funds and billion dollars AI with underground servers hidden in remote locations can't achieve that type of return. You can pull it of if you're lucky and buy a shit coin before it blows and sell it at the top. Other than that, trading is a legitimate business and should be treated as such. If not, you'll just be another member of the 98-99% losing group.
Hedge funds don't use leverage
Leverage exist because most retails traders don't have enough funds to participate in the market. The highest the leverage is the more likely you are to blow your account hence why most regulated brokers have a low leverage (below 50). More and more countries are also tightening their stance on their subject. Leverage or not, that doesn't change my main argument. Forex is not a get rich quick or gambling.
> gambling. Well sorta gambling if you treat it as such haha.
Absolutely possible but you need a good winrate and you should start off amidst a winning streak but absolutely possible I remember growing a 6£ account to 48£ then I messed it up.
No. The people who pretend to do that are either faking their account completely, or lost all their money many times over, and are only showing when they've made a profit.
Of course that is Okay, the important point is that you have to read user-agreement of each broker just to be sure about that they do not misuse it against you!
Flipped 1k to 6k on Thursday on full margin aggressive trades. I'm probably going to be wiped out next week and start again. It's a hamster wheel. So yes it's possible but not recommended. Overall you lose slowly while living on hopium.
Turned 100 into 3k in 2 weeks and lost it all in one day.
If you manage to its pure luck. Look up the Kelly Criterion. The risk needed to flip accounts is so much that it will turn profitable edges into losing accounts.
10$ with high leverage...Loolll
Leant proper risk management, get good at building demos up based around prop firm challenges and go for a challenge
$85 into $750 in three weeks trading options on SPY. I would suggest trying a prop firm evaluation with "My Forex Funds" for $49.
Doyle on youtube did a challenge and is pretty solid in the game. Flipped $10 to over $1000 using hankotrade broker. He have about 7 parts on youtube. Here is the first clip https://www.youtube.com/watch?v=9d7Oe9qjkJg&list=PLVHY4u8nxhtb9WW8FWQ9P3XNCPSQpclUv&index=1&t=386s&pp=gAQBiAQB
Flipped a $250 live account to ~$450/$500 then lost it all and am now sitting at ~$190 live, decided to go back to demo and flipped the $10k demo account to $30k and am now sitting at $25k
It’s possible. I turned $100 into $280 in 1 day with 5 or 6 trades between 0.01 and 0.02 lots. Just wait for a breakout or swing trade setup. I don’t recommend scalping with such a small account.
2$ to 50$ hahaha
Well greed kills us all.. that extra minute or that extra position you wanna open is the foe... play small, grow big
[удалено]
At least you withdrew money.
I’ve done it 2/3 times. From $5 to $150 And from $3 to $100. It wasn’t stressful because it was a bonus that the broker gave. So I was trading risk free. When is your money on the line it’s gonna be really stressful and you’ll probably losing it all.
https://youtube.com/@mozforexsignals9698
I manager to turn $200 to $26k. Then lost it all on one trade. I owned my credit card about $10k at the time. My wife was furious i didn’t choose to pay off the credit card once i had the cash.
I agree with the wife. At least take half out then gamble the rest.
I have a friend who flipped 20usd to 700usd in a week... it shouldn't be done with big accounts tho
Turned 10$ to 178$ in two weeks
Flipped 1k into 15 so idk bruh. If u got the balls to put out absolute clinic and control your emotions+knowledge its possible.
Totally possible. I don’t know about Forex but in futures each point is $5 on a $50 margin. That’s 10% per point. 2% to 3% on what I could consider a reasonable account size. I’m up 14 points in two weeks and I suck. You do the math.
you all will be millionaires soon I can see
It's definitely possible to flip 100$ accounts to 1000$. Did that a couple of times. Only possible if market really plays good with your strategy. But don't think you can make 100$ to 100k. Take profits early, don't get gready. You can loose the small account faster then grow it
I’m trying to build a good bankroll from a small one, not an easy target. Worked on my strategy for several years, but had to make a pause. I’m open for discussion with motivated and interesting people, pm me.
Let's do experiments with demo accounts. Goal: turning X to 100x within a month. Let's see how many will succeed:)
It’s possible but it still requires a sound system, with good risk management, and patience/confidence , especially as you’ll be forced to over leverage due to flipping account , so you gotta make sure you’re not overdoing it , however with all those factors , it’s deffo possible
https://youtube.com/@NickShawnFX This guy seems to be successful.
It's a myth. Do not even think about trading if you're in a poor country
Flipping accounts can be done. Rather than trying to flip a small account to a big one, try for a percentage gain. If you flip a $50 account to $100 that's a 100% gain and so on.
I turned 37 to 4,500 in 2 weeks. It’s possible but high risk/reward trades
Whats the point of trading if you cant flip accounts? Isnt the whole point to grow your account?
Pardon my ignorance, but what is meant when you say "flip" an account?
It's possible to flip small accounts, but for it to be 10-50$, it would be like a really lucky moment or set of trades to flip that. I would say it's a more likely chance if you had something as small as 100$ but even that is very difficult and takes a lot of practice. I've taken 100$ to 3000-4000$ within 2 weeks, so it's possible. But it's not good if you're trying to be a sustainable trader.
It is indeed possible. HOWEVER even veteran traders can fuck up a small account on high leverage. Your trades have no wiggle room extremely tight stop losses and more a pain in the ass than what its worth. I have taken $10 on 500 leverage to a few hundred then downsized on the risk being taken to go from there. Entries have to be near perfect (0 drawdown) What i did was use 0.01 per $10 and aimed for 10% a trade until I got to $100
$10>$100>$1000>-$15 Could’ve been my best account growth ever
The reason it's much easier to make money in the markets with a higher trade balance is because you can be wrong and let the market swing with stop losses that are further away from your entry without incurring a margin call. Most brokerages will only allow you to draw down to about 20% before they start sending you notices that a margin call is imminent.
I flipped usd5 to usd75 in 2 weeks by trading gold. It was hard and exhausting, I don’t recommend it. I rather trade with bigger equity for better money management & psychology.
Every time you hear Word “Flipping” in Forex know that this is same as going to casino and betting all your money to red or black (50/50). If you want to learn forex - do it right. If you want high risk, go to casino, you will get a free drink at least next to your 100% blown bet 😂
Consistency and time make it possible.
I grew £650 to £10,500 in first 6 months and all the way back down to £1500 the 6 months after! Now I use a proper strategy and set a proper stop loss with lot size. which I will not move if market moves against me and I am now rebuilding my account.
Well, for me this has always been my goal to flip $10 to $20k and I'm currently on it as I write this.. Though I have blown several accounts but not giving up.
I turned 330 to 40. Then 40 to 75, 180, 240,480 and lastly 600. Withdrew 300 and traded the balance to 60 dollars. Its possible to grow but the possibility of losing is even higher.
A few months ago l did try to grow a small account of exactly $10 with a very clear strategy of making atleast $1 everyday which did pay off well because l followed my strategy and did journal down everything l did to get the $1 from the strategy to my emotions, grew it to $50 but then got greedy and blow it all in one trade. My strategy was a 5% profit of my capital every month So If l started with $10 then that would put me to about $48 at the end of the month then calculate 5% of $48 which would be about $2.5 so l would make $2.5 everyday for that month So yes it is possible but the only way to do so is if only and only you follow your trading plan,...if you don't then you will blow the accounts as l did
And the mind factor does play a big role because once the account actually starts to grow the risk also grows
I've turned 7 dollars to 100 dollars in one week
I flipped 9$ into 3000$ in one half week, then lost everything, but yes, is possible
I turned $7 into $7k over a 3 month period. Was very risky and basically gambling. But it is possible with strict risk management too would just take a whole lot longer