If there’s a significant challenge to most people who are trying to day or swing trade it is the overuse of leverage. It can be quite tempting to take your smaller account, use all the leverage your broker gives you and then try to make the fastest return possible.
Unfortunately this tends to lead to accounts wiping out, massive drawdowns and eventually frustration which leads to failure.
Instead, we show you specifically the safer markets you should be actively trading, the ones you should avoid, and how you can slowly but steadily build your account up to a safer level. From there you can then start to branch out to additional markets, timeframes and position sizing – and that’s when it gets fun. But first, you have to earn your way there.
Ideal for those of you trading with smaller accounts to start out.