Today I want to talk about a topic that every novice trader has to face.
Most beginner traders save up money to make the first deposit and very often this amount is too small for trading, but the broker gives you the opportunity to trade anyway, why is that?
The fact is that the smaller the deposit, the easier it is to lose them, and the broker knows...
Most of the time growing an account is a very slow grind. Make some, lose some, hope to make a little bit more than you lose.
For example, with an average risk to reward of 1 to 5, and a win ratio of 21% (not counting once a year outliers), which is pretty good, breakeven being at 16.67%, after 100 trades the result will be - with a risk of 1% (flat) each...